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Saudi blasts release of oil reserves ‘to manipulate markets’
Saudi Arabia’s energy minister on Tuesday blasted the release of emergency oil stocks as an attempt to “manipulate markets”, the latest apparent salvo in a spat with Washington over oil production. “People are depleting their emergency stocks, had depleted it, used it as a mechanism to manipulate markets while its profound purpose was to mitigate…
Drone strikes UAE nuclear plant as US and Iran signal they are prepared to resume war
DUBAI, United Arab Emirates (AP) — A drone strike sparked a fire on the edge of the United Arab Emirates’ sole nuclear power plant on Sunday in what authorities called an “unprovoked terrorist attack.” No one was blamed, but it highlighted the risk of renewed war as the United States and Iran signaled they were…
Maduro Fires Warning at Trump as US Forces Approach Venezuela
Venezuelan President Nicolas Maduro warned on Thursday that his country could not be invaded, as the United States ramped up its military presence in the southern Caribbean. “There is no way they can enter Venezuela,” Maduro said, calling the U.S. deployment of multiple warships, a nuclear-powered submarine, and 4,500 troops a siege that only strengthens…
US restricts sales of AI chips Nvidia and AMD to Middle East
The United States has extended restrictions on exports of high-performance AI processors to some Middle Eastern countries. It concerns chips from Nvidia and AMD. A filing by Nvidia, Reuters writes, would indicate that the U.S. government has imposed new export restrictions on the chip and AI giant’s high-performance AI processors in writing. These include the Nvidia A100 and…
France probed migrant communities to fight ISIS-K threat to Olympics
PARIS, July 23 (Reuters) – French security services have been probing migrant communities from former Soviet republics in an effort to safeguard the Olympics from the ISIS-K militant group, the interior minister said, confirming a Reuters report published last week. Gérald Darmanin, interviewed in a Le Parisien article published on Tuesday, said ISIS-K was “undoubtedly…
Breaking News | Iran | NewsUS authorizes Iranian oil sales amid talks on final peace deal
WASHINGTON, June 22 (Reuters) – The United States authorized Iranian oil sales on Monday, easing decades-old sanctions as it pushes toward a final peace deal with Tehran in return for commitments on nuclear inspections and free transit through the Strait of Hormuz. The general license, announced by the Treasury Department, allows the sale of crude…


