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Brent rises nearly 2% as US military strikes Iranian boats, missile launch sites

Brent crude futures rose nearly 2% in early Asian trade on Tuesday after the U.S. military carried out strikes in southern Iran in what it described as defensive actions, keeping ​markets on edge as a deal to end the war eludes both sides.

May 26, 2026
News

Rubio says Iran deal could take days as US launches fresh strikes

U.S. Secretary of State Marco Rubio said on Tuesday negotiating a deal with Iran could “take a few days,” quashing hopes for an imminent end to the conflict ​a day after U.S. forces conducted what Washington called defensive strikes in southern Iran.

May 26, 2026
News

Overheating chemical tank in California no longer at risk of exploding, fire officials say

Firefighters contending with a dangerously overheating industrial tank of a hazardous chemical in Southern California have eliminated the possibility of the ​tank exploding after a crack relieved some of the mounting pressure, they said on ‌Monday.

May 25, 2026
News

US Justice Department seeks to lift injunction on ballroom project after shooting

The U.S. Justice Department has again asked a federal judge to lift an injunction ​holding up progress on President Donald Trump’s ballroom project, saying ‌Saturday’s shooting outside the White House showed an urgent need for improved security.

May 25, 2026
News

Warning lights flash as aluminium reels from Gulf shock

The Iran war is shaping up to be one of the biggest supply shocks in the history of the aluminium market.

May 25, 2026
News

Asia thermal coal imports, prices lift amid Iran war, China output drop

The Iran war has upended crude oil and liquefied natural gas markets, but the impact on coal has been more muted, even as prices for thermal grades have quietly climbed to multi-year highs.

May 25, 2026
News

Belarus opposition leader visits Ukraine as Kyiv warns of escalation

Exiled Belarusian opposition leader Sviatlana Tsikhanouskaya visited Kyiv on Monday ‌following weeks of mounting warnings from Ukrainian officials about Russian plans to draw Minsk more deeply into the war against Ukraine.

May 25, 2026
News

Russia says magnetic mines found on tanker at Ust-Luga port

The mines were found by divers during an ⁠inspection of the hull of the tanker Arrhenius.

May 25, 2026
News

AfDB meets under Ebola’s cloud as Africa hunts for development cash at home

The bank wants to tap Africa’s own financial resources to plug what it estimates is a $400 billion annual development ⁠financing gap.

May 25, 2026
News

WHO chief says fast-moving Ebola epidemic is outpacing response efforts

Tedros Adhanom Ghebreyesus said 220 people are suspected to have died from the virus.

May 25, 2026

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