UK firm signs deal to bolster gas supplies as war in Ukraine continues

Russia is a significant supplier of oil and gas. A number of major economies have formulated plans to reduce their reliance on Russian hydrocarbons following its invasion of Ukraine. Sean Gladwell | time | Getty Images Norwegian energy firm Equinor said Thursday it would deliver extra gas to the UK’s Centrica over the next three … Read more

Iran allows exchange stores to trade in foreign currency

TEHRAN, Iran — Iran’s Central Bank is allowing licensed exchange offices to resume buying and selling foreign currency, days after traders protested over the worsening economic situation and the country’s currency dropped to its lowest value ever, state-run media reported Thursday. Since 2018, when Iran announced a ban on all trading by individuals at private … Read more

US, Europe unity over Ukraine starting to crack amid Russia onslaught

President of Ukraine Volodymyr Zelenskyy visits the positions of Ukrainian troops located in the Bakhmut city and Lysychansk districts, Ukraine on June 05, 2022. Ukrainian Presidency | Handout | Anadolu Agency | Getty Images LONDON — There are increasing signs that Western unity over the war in Ukraine could be starting to crack as the … Read more

Greece, Turkey vie for US goods — at the other’s expense – POLITICO

Press play to listen to this article ATHENS — Greece and Turkey’s competing bids to win US attention, money and weapons are roiling the region, with war already raging next door. The longtime Mediterranean rivals have suddenly found themselves in a prominent position as the US and its Western allies reorient their military forces to … Read more

United Arab Emirates bans Pixar’s new Buzz Lightyear movie from theaters

Tim Allen and Tom Hanks voice Buzz Lightyear and Sheriff Woody in Pixar’s “Toy Story.” Disney DUBAI, United Arab Emirates— Disney Pixar’s animated movie “Lightyear” hits theaters this week and is expected to draw enthusiastic “Toy Story” fans from a number of countries around the world. Not in the United Arab Emirates, though. The UAE’s … Read more

Olaf Scholz gets lost in communication over war in Ukraine – POLITICO

BERLIN — Olaf Scholz promised Germans direct, no-nonsense politics. Yet befuddlement and obfuscation have often reigned since the chancellor started selling his approach to the war in Ukraine. In recent months, Scholz has left many scratching their heads with various policy pronouncements, justifications and defenses. Even as the chancellor has helmed a historic military shift … Read more

Fighting in Severodonetsk; Zelenskyy asks for weapons

Heavy fighting between Ukrainian and Russian troops is taking place in the strategically important Donbas city of Severodonetsk. Aris Messini | Afp | Getty Images Intense fighting is ongoing in the streets of a critical eastern Ukrainian city now at the heart of Moscow’s invasion, as Kyiv implored the West to deliver more weapons to … Read more

Venezuela president praises Iran fuel shipments during visit

TEHRAN, Iran — Venezuela’s President Nicolas Maduro on his first visit to Iran said the Islamic Republic helped his nation by sending badly needed fuel despite US sanctions and threats. In an interview with Maduro late Friday after his arrival, Iranian state media reported that Maduro hailed Iran’s move to send fuel tankers to his … Read more

US ready to ‘reset’ relationship with Saudi Arabia: report

The White House is looking for a full “reset” of its ties with Saudi Arabia, turning its back on President Biden’s campaign promise to make Riyadh a “pariah” over the 2018 murder and alleged dismemberment of US-based columnist Jamal Khashoggi, according to a new report. “Both sides have decided that for the sake of achieving … Read more

North Korea opens major party meeting amid nuke test signs

SEOUL, South Korea– North Korean leader Kim Jong Un has agreed to a political conference where he’s expected to review state affairs, including a COVID-19 outbreak, and possibly address relations with Washington and Seoul amid his revived nuclear brinkmanship. The plenary meeting of the ruling Workers’ Party’s Central Committee that began Wednesday in the capital, … Read more