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International Business

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US extends waiver on Russian oil sanctions after Bessent ruled it out
US extends waiver on Russian oil sanctions after Bessent ruled it out

WASHINGTON, D.C.: A few days after Secretary Scott Bessent ruled out extending the pause on sanctions on Russian oil shipments to ease...

Talaat Moustafa plans massive new city project near Cairo
Talaat Moustafa plans massive new city project near Cairo

CAIRO, Egypt: Egypt's Talaat Moustafa Group has unveiled plans to develop a US$27 billion mixed-use city east of Cairo, marking one...

Airlines brace for higher costs, cuts as jet fuel supplies tighten
Airlines brace for higher costs, cuts as jet fuel supplies tighten

NEW YORK CITY, NEW YORK: A deepening jet fuel crunch linked to the Iran war and the closure of the Strait of Hormuz is raising fears...

Rubber glove makers warn of shortages amid rising input costs
Rubber glove makers warn of shortages amid rising input costs

SINGAPORE/KUALA LUMPUR: A sharp rise in raw material costs, triggered by the war in Iran, is pushing up global rubber glove prices...

Male dominance continues among Europe’s highest-paid bankers
Male dominance continues among Europe’s highest-paid bankers

LONDON, U.K.: A surge in high-paying banking jobs across Europe has done little to close the gender gap at the top of the financial...

Iran war drives surge in US oil exports toward record levels
Iran war drives surge in US oil exports toward record levels

HOUSTON, Texas: A sharp disruption to Middle East oil flows has pushed the United States to the brink of becoming a net crude exporter...

Mediterranean

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Interview: Strait of Hormuz not to return to status quo ante, Iranian expert says
Interview: Strait of Hormuz not to return to status quo ante, Iranian expert says

It is widely believed that the war could not only have consequences for the global energy market and the U.S. military, but also damage...

"Willfully ignorant": White House defends Trump's Iran strategy, claims deal "very close"
"Willfully ignorant": White House defends Trump's Iran strategy, claims deal "very close"

Washington, DC [US], April 21 (ANI): White House Press Secretary Karoline Leavitt has asserted that the current administration is on...

Table for talks set as world awaits U.S., Iran meet halfway in Islamabad
Table for talks set as world awaits U.S., Iran meet halfway in Islamabad

ISLAMABAD, April 21 (Xinhua) -- Pakistan has readied its capital and intensified diplomatic efforts for the expected renewed U.S.-Iran...

Israel to host biggest ever Middle East LGBT event
Israel to host biggest ever Middle East LGBT event

The organizers have promoted the four-day Pride Land festival at the Dead Sea as the regions largest gathering of its kind Israel...

Israel to host 'biggest ever' Middle East LGBT event
Israel to host 'biggest ever' Middle East LGBT event

The organizers have promoted the four-day Pride Land festival at the Dead Sea as the region's largest gathering of its kind ...

MONTENEGRO-ZABLJAK-CHINA-TARA RIVER BRIDGE-RECONSTRUCTION-RESUMPTION
MONTENEGRO-ZABLJAK-CHINA-TARA RIVER BRIDGE-RECONSTRUCTION-RESUMPTION

(260421) -- ZABLJAK, April 21, 2026 (Xinhua) -- Montenegrin Prime Minister Milojko Spajic speaks during a ceremony marking the resumption...