Yemen’s Houthis attack Saudi tankers in the Red Sea, threatening to widen Iran war

CAIRO (AP) — Yemen’s Iran-backed Houthi rebels said they attacked two Saudi oil tankers in the Red Sea on Thursday, potentially widening the Iran war as international oil topped $100 a barrel. The Houthis have threatened to shut down another … Read More

Exclusive-Pakistan seeks $10 billion in US backstop facility to boost reserves, source says

posted in: Breaking News, Middle East, News

WASHINGTON, July 21 (Reuters) – Pakistan has asked the United States for a $10 billion exchange stabilization facility, according to a source briefed on the matter, which, if approved, could provide a lifeline for the cash-strapped South Asian economy. The … Read More

Nicaragua’s Ortega says country will ‘never again’ hold elections, shutting out opposition

The president made the announcement during a speech commemorating the 1979 Sandinista revolution Nicaraguan leader Daniel Ortega said the Central American country would no longer hold elections, further closing off any potential path for the opposition to challenge the government … Read More

Oil cushion thins as U.S. crude supply falls to 45-year low

The U.S. crude oil supply fell to its lowest level in 45 years relative to demand, highlighting a thinner cushion against potential supply disruptions as the Middle East conflict continued to escalate. In a post on X, Barchart shared a … Read More

What’s the plan? Burnham vows to ‘be better’ than Starmer as he hints at Leftward lurch in first speech as PM – but again gives no detail – as Cabinet battle looms

Andy Burnham admitted the Labour Government ‘needs to be better’ today after he officially replaced Keir Starmer as Prime Minister. The new premier delivered his latest hint at a lurch to the Left in a speech in Downing Street, watched by … Read More

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