The cartel’s move to increase output by 188,000 barrels per day is largely symbolic, with vast amounts of the world’s oil stranded by the effective shutdown of the Strait of Hormuz.
Oil prices fell after Israel and Iran agreed to halt strikes against each other, easing fears of a broader regional conflict that had briefly driven crude higher.
The cartel’s move to increase output by 188,000 barrels per day is largely symbolic, with vast amounts of the world’s oil stranded by the effective shutdown of the Strait of Hormuz.
An imploding economy is causing hopelessness among both pro- and anti-government Iranians. And for those who wished for regime change, the letdown is palpable.
Israel’s military said a soldier opened fire after Israeli troops “perceived a vehicle accelerating toward them.” The baby’s grandmother, who was in the car, disputed that account.
Israel invaded Lebanon and occupied parts of the country to fight Hezbollah, an Iran-backed armed group, but its military offensive has drawn in others.
Videos collected by The Times shows how the Israeli military has deployed a munition that can be extremely harmful over populated areas in Lebanon.
The agreement places the onus on Hezbollah to halt attacks, while demanding few immediate concessions from Israel. The cease-fire could remove an obstacle in the talks between the United States and Iran.
Mehdi Taj said his federation has been dealing with FIFA, not the United States, in trying to obtain visas for Iran to play in the tournament that begins next week.
Israel forbade the visits, which allow the Red Cross to monitor prisoners’ conditions, in 2023. Justices said the policy violated Israeli and international law.
It was the latest attempt by President Trump to flip the narrative on a conflict that he once said would lead to quick and decisive victory.
One person was killed and dozens were injured at Kuwait’s international airport. Tehran denied it had struck the airport.
For laborers in Dubai, a free stress-management class offers a temporary oasis of calm amid struggles with debt, loneliness, long hours and, in recent months, the fear of missile strikes.
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