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June 17, 2025 1:36 PM

Oil prices continue to surge amid growing Israel-Iran tensions

Oil prices rose sharply on Tuesday after US President Donald Trump called for the evacuation of Tehran, raising fears of a wider conflict in the Middle East. The prices jumped initially but later eased, as the market stayed cautious about any major ...

June 17, 2025 12:36 PM

G7 expresses support for Israel, calls Iran source of instability

The Group of Seven nations expressed support for Israel in a statement issued late on Monday and labeled its rival Iran as a source of instability in the Middle East, with the G7 leaders urging broader de-escalation of hostilities in th...

June 17, 2025 11:13 AM

EU readies ban on Russian gas imports by end of 2027

The European Commission is set to propose on Tuesday a ban on EU imports of Russian gas and liquefied natural gas by the end of 2027, using legal measures to ensure the plan cannot be blocked by EU members Hungary and Slovakia. The proposals will se...

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