Updates

Fuel tanker costs surge on Red Sea crisis – Bloomberg

Houthi attacks in the waterway have prompted many companies to redirect vessels to longer and more expensive routes ...

‘No threat’ of Russia attacking NATO – Germany

The bloc nonetheless needs a Cold War-style deterrence against Moscow, defense minister Boris Pistorius has said ...

Czechs don’t want to ditch crown for euro – poll

Participants in a survey believe that adopting the single currency would risk price increases ...

Russian gas output forecast to surge – IEA

Global production of the fuel is also expected rise whereas supply will likely remain tight, according to the energy watchdog ...

US fires on Houthi anti-ship missile

The attack system posed an “imminent threat” to ships navigating the Red Sea, Washington said in a statement ...

Houthis attack tanker carrying Russian oil product – reports

The vessel shipping for trading giant Trafigura is reportedly transporting Russian-origin naphtha for making plastics, gasoline ...

Italy warns against ‘weaponizing’ euro

Tapping Russian assets frozen in the EU would harm the single currency, the head of Italy’s central bank says ...

Britain steps up power purchases from EU countries – report

Shortages have arisen as output of renewable energy has failed to compensate for the closures of coal and nuclear plants ...

Biden vows to shut border if lawmakers pass budget deal

The immigration issue has been “broken,” and “it’s long past time to fix it,” the US president said ...

Chinese equities see largest weekly inflow in years – Reuters

The country’s stocks have been selling off of late despite a series of government stimulus measures ...

Sky News apologizes over IDF ‘Nazi’ comparison

An anchor for the network accused an Israeli lawmaker of advocating “ethnic cleansing” for Palestinians in Gaza ...

US to redeploy nuclear weapons in UK – Telegraph

The Pentagon is reportedly looking to bring B16-12 bombs to eastern England ...

EU commission chief hopes for ‘consensus’ with protesting farmers

The European bloc must overcome the “polarization” stemming from agricultural disputes, Ursula von der Leyen has said ...

South Africa reacts to ICJ ruling on Gaza ‘genocide’

The country’s leader said the call for Israel to prevent indiscriminate killings of Palestinians is a “victory” for human rights ...

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