Day News Recap: Middle East tensions rise as Flydubai probe widens and Russia steps up pressure on Ukraine
The United States is sending a third aircraft carrier strike group toward waters around Iran, widening its military buildup in the Middle East as tensions rise across the region. 🔗The Flydubai cockpit attack case has escalated into a multinational investigation after an Israel bound flight from Dubai to Tel Aviv made an emergency landing in Saudi Arabia, with the captain saying he opened the cockpit door after being attacked by his co pilot. 🔗 🔗 🔗 🔗 🔗Donald Trump has warned Iran it would be hit very hard if it is found to be linked to the incident, while Israel... [Continue Reading]
360LiveNews Recap | 02 Oct 2026 18:20 LONDON
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G7 agrees coordinated emergency release of up to 100 million barrels of oil and diesel reserves
The Group of Seven has agreed to release up to 100 million barrels from emergency crude oil and diesel stockpiles within four months, in a coordinated move aimed at easing surging fuel prices. France's President Emmanuel Macron said the drawdown will be organised through the International Energy Agency and that the first 20 days will see a front-loaded diesel release. The announcement followed a leaders' video meeting chaired by Macron, who said the aim was to help bring down the price of petroleum products, especially diesel.Macron said G7 members and partners had committed to act in a coordinated manner and... [Continue Reading]
360LiveNews | 02 Oct 2026 17:59 LONDON
G7 leaders agree coordinated 100 million barrel release to steady energy markets
Today, we, the Leaders of the G7, convened a virtual meeting to address the deepening challenges to our energy security. Facing unprecedented volatility in oil markets - with surging prices threatening economic stability and the well-being of our citizens - we have agreed on decisive, coordinated measures to stabilize immediate energy supplies, shield households and businesses from price shocks, and strengthen the long-term resilience of global energy systems. We will coordinate maintenance schedules across G7 refineries to prevent simultaneous capacity shutdowns and temporarily increase utilization rates where feasible. We also encourage engagement with countries holding significant refining capacities to boost... [Continue Reading]
Breaking-360LiveNews | 02 Oct 2026 17:01 LONDON
Meloni joins extraordinary G7 talks on energy security and market stability
Italian Prime Minister Giorgia Meloni took part today in an extraordinary video conference of G7 leaders focused on energy security and the stability of energy markets. The leaders agreed on a coordinated response to volatility in those markets. During her intervention, Meloni said she presented steps taken by the Italian government to reduce the impact of higher prices on families and businesses. She cited a fuel price cap obtained from the main oil companies, interventions on excise duties, and proposals Italy has put forward to the European Commission. Meloni also backed coordinated action on stockpiles, with a specific focus on... [Continue Reading]
Breaking-360LiveNews | 02 Oct 2026 16:01 LONDON
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Italy announces October 5 government bond buyback auction at Bank of Italy
The Republic of Italy announces that on October 05, 2026, a buyback competitive auction of Government bonds will take place at the Bank of Italy. Only "Specialists in Government Bonds" will be allowed to participate in the buyback auction, for a maximum amount of 5,000 million Euro. The cash surpluses available on the Treasury Account held by the Italian Treasury at the Bank of Italy will be used for this operation. The Treasury Department is a technical support body for the elaboration and implementation of the government's economic and financial policy choices, both nationally and internationally. The Department of the... [Continue Reading]
Breaking-360LiveNews | 02 Oct 2026 13:01 LONDON
Iranian airliner seized at Istanbul Airport over debt claim, stranding passengers
A Caspian Airlines Boeing 737 was seized at Istanbul Airport on Monday after court-ordered enforcement officers acted on a debt claim of about €3 million. The aircraft, registered EP-KPB, was already preparing for departure to Iran when the seizure order was served. Passengers and cabin crew were removed from the plane and taken back to the terminal.According to the supplied report, lawyers and bailiffs representing the creditor, aviation representation and supervision company ACM Temsil Gözetim, carried out the enforcement action at the airport. The seizure took place before take-off, leaving the flight grounded and disrupting travel for those on board.... [Continue Reading]
360LiveNews | 29 Sep 2026 10:30 LONDON
The Glass Elevator to Nowhere: A World Trapped in a Chocolate Factory
As a journalist in my mid-fifties, I thought my skin had thickened to the point of being impenetrable. I have covered the rise and fall of regimes, the grinding gears of the Cold War's leftovers, and the digital revolutions that promised to unite us. I thought I had seen every trick in the political playbook. Then came Donald Trump’s 2026 foreign policy, and I realized I was not watching a statesman; I was watching a child play with a chemistry set he does not understand. The Willy Wonka of the West: Rule by Whim Walking into a press briefing lately... [Continue Reading]
360LiveNews-Opinion | 02 Apr 2026 09:44 LONDON
