Noontime News Recap: Yemen strike kills five as floods, fires and Ukraine oil attacks deepen global strain
Yemen's health minister said five people were killed and 16 others injured in a Houthi missile attack on the presidential palace area in Aden, in a fresh escalation around the interim capital. 🔗Ukraine has resumed strikes on Russian oil refineries after a so called energy ceasefire between Moscow and Kyiv collapsed, reviving pressure on Russia's fuel infrastructure. 🔗In Turkey, torrential rain triggered severe flooding in Istanbul, where at least three people have now died and five others remain missing as rescue teams continue searching affected areas. 🔗Indonesia's wildfire crisis in East Java has worsened, with the death toll rising to... [Continue Reading]
360LiveNews Recap | 16 Oct 2026 12:27 LONDON
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Houthi missile strike on presidential palace area in Aden kills five
Yemen's health minister said five people were killed and 16 others injured in a Houthi missile attack on the presidential palace area in Aden, the interim capital of the country's internationally recognised government. Officials said the strike hit the al-Maashiq palace area in the southern port city, which has long served as a symbol of state authority for the Saudi-backed administration. The attack was described by Yemeni officials as a direct hit on the seat of government.Health Minister Qasim Buhaibeh said the dead included palace guards and civilian employees. Houthi military spokesman Yahya Sarea said the group had targeted what... [Continue Reading]
360LiveNews | 16 Oct 2026 10:29 LONDON
Trump attacks Texas Senate candidate over fossil fuels, signaling continued oil-first GOP posture
President Donald Trump made multiple posts on Truth Social in the last hour: - "RT @mrddmiaSam Adkisson worked with me on the Senate Judiciary Committee for Justice Kavanaugh's confirmation. He is a friend, outstanding colleague, brilliant attorney, and committed constitutionalist. President Trump hit a grand-slam by picking Sam for a lifetime appointment to the federal bench in Tennessee." - "James TalaFREAKO, who is running for U. Senate against the greatest Attorney General in the history of Texas, recently stated, with a large mask covering his face as he spoke, that, "FOSSIL FUELS ARE DESTROYING THE PLANET." In other words, no... [Continue Reading]
Breaking-360LiveNews | 16 Oct 2026 10:00 LONDON
Breakfast News Recap: Oregon school shooting shocks as Middle East tensions and market swings deepen
Three children and a teacher were killed in a shooting at Silver Rail Elementary School in Bend, Oregon, after police said the suspect was a 16 year old. The attack has again put school safety and gun violence at the centre of the US debate. 🔗In the Middle East, Yemen's Houthis struck the presidential palace area in Aden again, killing five people and injuring 16, while Lebanon said security forces were confiscating illicit arms after a truck carrying 780kg of explosives was intercepted on a highway between Beirut and the south. 🔗 🔗Maritime security concerns also intensified after drones struck... [Continue Reading]
360LiveNews Recap | 16 Oct 2026 08:40 LONDON
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Ukraine resumes strikes on Russian oil refineries after energy ceasefire collapses
Ukraine has resumed strikes on Russian oil refineries after a so-called energy ceasefire between Russia and Ukraine collapsed. The renewed attacks came after Volodymyr Zelenskyy said Kyiv was abandoning the ceasefire, which had been abruptly declared by Donald Trump last week. Neither Russia nor Ukraine said they had agreed to the arrangement.Trump described the strikes as a "disgrace" in an interview aired on Thursday, saying they were pushing up global oil prices. He said there were many other targets Ukraine could hit, but argued that attacks on diesel refineries were harmful because diesel is needed in global markets. He also... [Continue Reading]
360LiveNews | 16 Oct 2026 08:30 LONDON
FTSE 100 jumps at the open as UK shares outpace Europe, while autos and silver slide
Executive summary: European trading opened with a clear split, UK equities surged while the continent was more mixed. The FTSE 100 rose sharply, the DAX and CAC 40 also gained, but the Euro Stoxx 50 slipped. Commodities were uneven, with gold edging higher and Brent crude lower, while global autos and silver were among the weakest moves in the supplied data. [Continue Reading]
360LiveNews Markets Intelligence | 16 Oct 2026 08:15 LONDON
Tokyo and Asia-Pacific Close Sharply Lower as Korea and Japan Lead Risk-Off Move, Oil Rises, Metals Slip
Executive summary: Asia-Pacific equities ended the session under heavy pressure, led by a steep selloff in South Korea and a sharp drop in Japan. The Kospi fell -14.6% and the Nikkei 225 lost -5.4%, while Australia’s ASX 200 gained +1.0%. WTI crude rose +2.1%, gold edged higher, and silver and platinum weakened, underscoring a session defined by de-risking rather than broad commodity strength. [Continue Reading]
360LiveNews Markets Intelligence | 16 Oct 2026 07:45 LONDON
Record Weekly Ship Attacks Reported Near the Strait of Hormuz as Oil Shipments Slow
The number of ships reporting attacks in and around the Strait of Hormuz has reached a record weekly high, according to analysis of incident reports from the UK Maritime Trade Operations agency. Twelve vessels were attacked between 5 and 11 October, the largest weekly total reported since the US-Israeli war with Iran began. Four more attacks have been reported so far this week, extending a pattern that has raised concern over one of the world's most important shipping routes.The data shows six vessels were struck on Sunday alone, which the agency described as a one-day high. The previous week saw... [Continue Reading]
360LiveNews | 16 Oct 2026 07:00 LONDON
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Trump condemns renewed Ukrainian strikes on Russian refineries as Brussels talks continue
US President Donald Trump has called Ukraine's renewed strikes on Russian oil refineries a "disgrace", sharpening his criticism of Kyiv as the war continues to affect energy markets and diplomacy. He said the attacks were helping push up global energy prices and suggested that Ukrainian President Volodymyr Zelensky was harder to deal with than Russian President Vladimir Putin. The comments came as Zelensky was in Brussels seeking support from European allies.Trump made the remarks in an interview published on Thursday, saying the conflict should end soon and that both sides would like to see it conclude. He repeated his view... [Continue Reading]
360LiveNews | 16 Oct 2026 03:30 LONDON
Iraq parliament approves al-Zaidi cabinet amid economic and security pressures
Iraq's parliament has completed the formation of Prime Minister Ali al-Zaidi's government after approving the remaining cabinet posts and three deputy prime ministers. The vote on Thursday filled previously vacant ministries and brought the cabinet to completion, according to the supplied report. Lawmakers also postponed one nomination, leaving the migration and displacement ministry unresolved for now.Parliament approved 11 portfolios in total, including Nayef al-Shammari as defence minister and Yasir al-Maliki as interior minister. Other approved posts included the planning ministry, the culture ministry, and the ministry of higher education and scientific research. Among the three deputy prime ministers confirmed was... [Continue Reading]
360LiveNews | 16 Oct 2026 01:59 LONDON
Tokyo Opens Under Heavy Pressure as Nikkei and Kospi Slide, Oil Firms, and Safe-Haven Metals Ease
Executive summary: Tokyo and broader Asia-Pacific markets opened with a sharp risk-off tone, led by steep losses in Japan and South Korea. The Nikkei 225 fell -6.7% and the Kospi dropped -16.2%, while Hong Kong and Australia held modest gains. WTI crude rose +2.4%, the yen was little changed, and gold and silver slipped, suggesting investors were rotating away from cyclical and precious-metal exposure while digesting a broader global equity selloff. [Continue Reading]
360LiveNews Markets Intelligence | 16 Oct 2026 01:15 LONDON
Two Syrian pipelines damaged in separate attacks on energy infrastructure
Two pipelines carrying oil products and gas were damaged in separate incidents in Syria, according to state media, in the latest disruption to the country's energy network. The incidents were reported on Thursday and affected infrastructure in the west and north-east of the country. Officials said one line suffered a fuel leak near Homs, while another caught fire in Hasakah province.The Syrian Petroleum Company said an explosion struck the Jbessa gas pipeline in southern Hasakah in the late afternoon. Hours earlier, damage had been found in a pipeline carrying oil products from the coastal city of Baniyas to Homs, where... [Continue Reading]
360LiveNews | 16 Oct 2026 01:00 LONDON
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Wall Street closes mixed as tech selloff hits Nasdaq, Dow jumps on rotation into energy, banks and Microsoft
Executive summary: Wall Street ended mixed, with a sharp rotation out of AI and chip names and into parts of the Dow, energy and financials. The Nasdaq Composite fell -1.8% while the Dow Jones rose +1.8%, as investors sold high-multiple technology shares and bought cyclical and defensive pockets. Nvidia, the SOXX chip ETF and Tesla led losses, while Microsoft, Meta, crude oil and bank stocks posted gains. [Continue Reading]
360LiveNews Markets Intelligence | 15 Oct 2026 21:15 LONDON
US extends sanctions waiver for Lukoil service stations until 2027
The US Treasury Department has extended a sanctions waiver that allows Lukoil-branded service stations outside Russia to keep operating until April 2027. The move means petrol stations carrying the Russian oil company's name, including sites in the United States, can continue serving customers until 24 April 2027. The extension replaces an earlier licence that was due to expire later this month.The latest licence keeps in place restrictions on the transfer of funds to any person or account located in the Russian Federation. That means the waiver is limited in scope and does not remove the wider sanctions framework affecting Russian... [Continue Reading]
360LiveNews | 15 Oct 2026 20:59 LONDON
Day News Recap: Pakistan school collapse kills dozens as Middle East and Ukraine tensions widen
More than 30 pupils and a teacher were killed when a school roof collapsed in Peshawar, in north western Pakistan, with hospital officials saying more children were still being treated after the disaster. 🔗In the Gulf and wider Middle East, an oil tanker caught fire in the Gulf of Oman after entering a restricted area with its tracking systems switched off, coming after two cargo ships sank and adding to fears over shipping near Hormuz. 🔗 Yemen's conflict also escalated, with Houthis saying they struck an Aramco site and the Saudi led coalition reporting attacks on Sanaa. 🔗Ukraine said its... [Continue Reading]
360LiveNews Recap | 15 Oct 2026 18:21 LONDON
Trump cancels livestream of Hasan execution after backlash
US President Donald Trump has called off plans to livestream the execution of former US army psychiatrist Nidal Hasan by firing squad. The execution is still scheduled to take place on 3 December, but the event will not be shown online. Trump said the families of the victims may still view it in person if they choose.The reversal follows widespread criticism in the United States and abroad after the Pentagon announced that Hasan's execution would be livestreamed. The United Nations described the plan as "abhorrent", while human rights groups and political figures raised concerns about the implications of broadcasting a... [Continue Reading]
360LiveNews | 15 Oct 2026 17:30 LONDON
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Another tanker catches fire near Hormuz after two cargo ships sink
An oil tanker caught fire in the Gulf of Oman on Thursday after entering a restricted area with its tracking systems switched off, according to Iranian state-run media. It was the second tanker fire reported in the same waters within 24 hours, adding to a series of incidents near the Strait of Hormuz. The name, flag and condition of the crew were not immediately known, and the cause of the fire had not been confirmed.Iran's navy said monitoring teams patrolling the eastern sector of the Strait of Hormuz detected the vessel ablaze in what it described as a prohibited zone.... [Continue Reading]
360LiveNews | 15 Oct 2026 17:30 LONDON
FTSE 100 surges to record close as Europe ends mixed, autos and metals lag while gas leads
Executive summary: European equities finished mixed, with the FTSE 100 jumping to a fresh record close and the DAX also posting a strong advance, while the Euro Stoxx 50 slipped slightly. The session was marked by a sharp split across assets, with global autos, silver, ether and platinum under pressure, natural gas higher, and the pound firmer against the dollar. The move matters because it shows investors still rewarding UK and German large caps even as parts of the commodity complex and risk assets soften. [Continue Reading]
360LiveNews Markets Intelligence | 15 Oct 2026 16:45 LONDON
Ukraine says Starshield access restored after reported disruption linked to US restriction
Ukraine says its military Starshield satellite connection has been restored after a disruption that reportedly lasted from Tuesday to Wednesday and affected battlefield communications. A source in the Ukrainian Ministry of Defence said the service was back online, while Kyiv is still seeking clarification from SpaceX over why access was interrupted. The reported outage has renewed concern over the reliability of a system that Ukrainian forces use for communications and drone operations during the war with Russia.The disruption was first reported as a restriction on the military-grade satellite service, which is used to process sensitive information and support defence operations.... [Continue Reading]
360LiveNews | 15 Oct 2026 14:59 LONDON
Wall Street Opens Mixed as Tech and Crypto Slide, Energy Leads Early Rotation
Executive summary: U.S. markets opened with a sharp split between defensive and growth-sensitive assets. The Dow was higher, but the S&P 500, Nasdaq Composite and Russell 2000 were lower, led by a heavy selloff in AI and chip shares. Energy stocks outperformed as WTI crude rose, while Bitcoin, Ether, silver and platinum all weakened, reinforcing a broad risk-off tone at the open. [Continue Reading]
360LiveNews Markets Intelligence | 15 Oct 2026 14:45 LONDON
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Yemen conflict escalates as Houthi strikes hit Aramco site and Saudi coalition targets Sanaa
The conflict between Yemen's Houthis and the Saudi-led coalition has intensified further, with both sides reporting fresh strikes on Thursday. A Saudi Ministry of Energy official said a building belonging to Aramco in Dhahran was hit, causing a limited fire but no casualties or fatalities. The Houthis also said they had targeted Riyadh airport and a refinery in the Saudi capital, while the coalition launched strikes on Houthi-held Sanaa.The Houthi military spokesman, Yahya Saree, said the group had carried out what he described as a high-quality military operation against Aramco in Dhahran. He added that the group's operations would continue... [Continue Reading]
360LiveNews | 15 Oct 2026 12:32 LONDON
Breakfast News Recap: Ukraine under fire as Houthi attacks, North Korea tests and G20 ministers meet
Ukraine said restrictions on the military version of Starlink are hampering drone missions as Russia launched another wave of missile and drone attacks, underlining the strain on Kyiv’s battlefield communications and air defences. Volodymyr Zelenskyy also said it was painful that Donald Trump appears to be choosing Russia’s side in the war, as he pressed for stronger sanctions support. 🔗 🔗In the Middle East, Houthi attacks on airports in Saudi Arabia have deepened the conflict with Yemen’s rebels, with a strike on Riyadh airport reported to have killed 13 people and disrupted air travel. Separately, a Houthi linked television station... [Continue Reading]
360LiveNews Recap | 15 Oct 2026 08:39 LONDON
European markets open higher as FTSE and DAX lead, while metals and crypto sell off
Executive summary: European equities opened firmer, with the FTSE 100 and DAX posting notable gains, while CAC 40 and Euro Stoxx 50 also edged higher. The move came alongside a softer tone in several commodities, including gold, silver, platinum and Brent crude, and a sharp drop in Ether. FX was comparatively calm, with the euro and pound both slightly firmer against the dollar. [Continue Reading]
360LiveNews Markets Intelligence | 15 Oct 2026 08:15 LONDON
Tokyo and Asia-Pacific Close Sharply Lower as Tech Rout Spreads, Nikkei Drops 6.7% and Kospi Slides 18.3%
Executive summary: Asia-Pacific markets ended the session under heavy pressure, led by a steep selloff in Japan and South Korea. The Nikkei 225 fell -6.7% to 64,425.95, while the Kospi plunged -18.3% to 5,556.31. The Nikkei 225 ETF also dropped -6.4%, signaling broad risk aversion across regional equities. Hong Kong and Australia were firmer, but gains there were not enough to offset the regional shock. Commodities were mixed, with natural gas higher and most metals lower, while the yen was little changed against the dollar. [Continue Reading]
360LiveNews Markets Intelligence | 15 Oct 2026 07:45 LONDON
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Indonesia tests dry ice drops over South Sumatra as toxic haze spreads across the region
Indonesia is testing a dry ice dispersal operation over South Sumatra as fires continue to send toxic haze across parts of Southeast Asia. The trial is being carried out by plane on Thursday after earlier efforts including cloud seeding, water bombing and the deployment of army personnel failed to contain the blazes. Officials say the move is being tried under direct presidential instruction.Coordinating security minister Dudung Abdurachman said the dry ice trial is intended to help tackle the haze in South Sumatra. He said the government will first observe the results and could consider using the method in other regions... [Continue Reading]
360LiveNews | 15 Oct 2026 06:02 LONDON
Tokyo Opens Risk-Off as Nikkei Slips, Oil Surges and Precious Metals Sell Off
Executive summary: Tokyo and broader Asia-Pacific trading opened with a clear risk-off tone, led by a sharp drop in the Nikkei 225 and weakness in the Nikkei 225 ETF, while Hang Seng managed a modest gain. The move came alongside a jump in WTI crude, firmer natural gas, and broad losses across gold, silver, platinum, palladium and ether, a mix that points to a market repricing of inflation, energy and policy risk ahead of key macro data. [Continue Reading]
360LiveNews Markets Intelligence | 15 Oct 2026 01:15 LONDON
Denmark rejects Trump's Greenland oil and mineral claims after new agreement
Denmark has pushed back against President Donald Trump's claim that oil, gas and mineral exploration is about to begin in Greenland. The Danish Foreign Ministry said the recent agreement between Denmark, Greenland and the United States did not change the rules governing extraction on the island. It also said the deal does not give US investors any preferential treatment over investors from other NATO or European Union countries.The dispute follows a 10-page agreement signed on September 22 by Trump, Danish Prime Minister Mette Frederiksen and Greenland's Prime Minister Jens-Frederik Nielsen on the sidelines of the United Nations General Assembly in... [Continue Reading]
360LiveNews | 15 Oct 2026 00:33 LONDON
US lifts sanctions on Venezuela's top legislator amid energy diplomacy talks
The United States has removed Jorge Rodriguez, the head of Venezuela's National Assembly, from its sanctions list, in a move tied to broader energy and diplomatic talks with Caracas. The delisting was posted on the Treasury Department's sanctions website on Wednesday, formally taking his name off the Specially Designated Nationals list. Rodriguez has held the National Assembly presidency since 2021 and was reappointed in January.The Treasury action comes as Washington and Caracas continue wider negotiations over Venezuela's energy sector and political future. Rodriguez was sanctioned during Donald Trump's first administration, alongside his sister Delcy Rodriguez, over their roles in the... [Continue Reading]
360LiveNews | 14 Oct 2026 21:32 LONDON
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Wall Street closes mixed as AI chips, precious metals and small caps slide while energy and banks hold up
Executive summary: U.S. markets finished mixed, with the Nasdaq Composite, S&P 500 and Russell 2000 under pressure while the Dow Jones managed a gain. The sharpest move came from AI and chip stocks, which fell more than 10%, alongside a broad pullback in silver, gold and other metals. Energy shares outperformed as WTI crude climbed above $95, while banks and a handful of mega-cap names offered some support. The day’s tape points to a rotation away from high-multiple growth and into energy and financials, with inflation-sensitive assets and rate expectations still shaping sentiment. [Continue Reading]
360LiveNews Markets Intelligence | 14 Oct 2026 21:15 LONDON
Day News Recap: Ukraine under fresh attack as Hormuz tensions rise and markets turn mixed
Russia intensified pressure on Ukraine with overnight strikes on Kyiv and other cities, killing at least one person, injuring more than 20 and damaging power infrastructure, while separate attacks left about 600,000 people without electricity and disrupted front line operations after Starlink speed restrictions hit battlefield communications. 🔗 🔗The wider war damage is also spreading beyond the capital, with the UN saying recent Russian attacks in Kyiv and Kharkiv killed and injured civilians and damaged homes, and with Ukraine’s landmine contamination growing as deminers increasingly rely on drones and artificial intelligence to clear dangerous areas. 🔗 🔗In Europe, the UK... [Continue Reading]
360LiveNews Recap | 14 Oct 2026 18:24 LONDON
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Europe closes higher as FTSE 100 jumps, metals and autos slide ahead of inflation focus
Executive summary: European equities finished firmer, led by a strong FTSE 100 advance and gains across the CAC 40, DAX and Euro Stoxx 50. The session also featured a sharp pullback in precious metals, weakness in global autos and a softer euro and pound against the dollar. The move points to a market that is still willing to buy risk in Europe, while rotating away from crowded defensive and commodity-linked trades ahead of key inflation data. [Continue Reading]
360LiveNews Markets Intelligence | 14 Oct 2026 16:45 LONDON
US inflation rises more than expected in September as gasoline prices jump
US consumer inflation accelerated more than expected in September, according to official figures released in the final data update before next month's midterm elections. The consumer price index showed annual inflation at 3.7%, up from 3.4% in August. The increase was driven in large part by higher gasoline prices, which rose after disruption to Middle East energy supplies linked in the reporting to the US-Israel conflict with Iran.The Bureau of Labor Statistics said gasoline prices jumped 9.1% in September alone and accounted for more than half of the monthly increase in inflation. Energy prices overall were up 20.4% over the... [Continue Reading]
360LiveNews | 14 Oct 2026 16:03 LONDON
Western allies intensify inspections of Russian shadow tankers under maritime law
Ukraine's Western allies are stepping up inspections of Russian shadow-fleet tankers at sea, using maritime law to try to disrupt sanctioned oil flows. The move marks a more assertive phase in efforts to enforce restrictions on Russian crude exports, according to experts cited in the supplied material. It also reflects a broader attempt to raise the logistical cost of moving oil outside the sanctions system.The reporting says countries sanctioning Russian oil have, for the first time this year, enforced boarding and inspection rights under the Law of the Sea. Michelle Bockmann, an analyst at maritime intelligence company Windward, said the... [Continue Reading]
360LiveNews | 14 Oct 2026 16:00 LONDON
Wall Street Opens Mixed as Energy Surges, Chips and Tech Slide on Inflation and Commodity Jolt
Executive summary: U.S. markets opened with a sharp split, as energy and industrial-linked assets gained while technology, chip stocks, gold and silver sold off. The Dow rose, but the S&P 500, Nasdaq and Russell 2000 were lower, pointing to a rotation away from growth and into cyclicals and defensives tied to higher oil prices and a firmer dollar. The move matters because the size of the chip and tech declines suggests investors are repricing the near-term inflation and rate backdrop ahead of key macro data. [Continue Reading]
360LiveNews Markets Intelligence | 14 Oct 2026 14:45 LONDON
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Iraq reassures Saudi Arabia after drone attack origin dispute over oil pipeline
Iraq's prime minister has told Saudi Arabia that Iraqi territory will not be used to launch attacks against the kingdom, after a drone strike last month on the East-West oil pipeline. The assurance was delivered during Prime Minister Ali Faleh al-Zaidi's visit to Riyadh, his first trip to Saudi Arabia since taking office in May. The visit comes amid a dispute over where the attack was launched from and follows Baghdad's own investigation into the incident.According to the Iraqi News Agency, al-Zaidi told Crown Prince Mohammed bin Salman that Iraq would not allow its territory to be used as a... [Continue Reading]
360LiveNews | 14 Oct 2026 14:30 LONDON
Iran expands Strait of Hormuz surveillance amid surge in attacks and falling oil transit
Iran says it has expanded surveillance in and around the Strait of Hormuz by deploying new naval units east of the waterway, as attacks on shipping rise and oil transit falls again. The announcement comes amid heightened tension over one of the world's most important energy chokepoints, where maritime traffic has faced what the report describes as the worst spate of attacks since the start of the war involving the United States and Israel against Iran. The move is being presented by Tehran as part of a wider effort to monitor vessels more closely and maintain pressure in the disputed... [Continue Reading]
360LiveNews | 14 Oct 2026 12:30 LONDON
Noontime News Recap: Ukraine hit by power cuts and Starlink disruption as Middle East and Congo tensions rise
Russian strikes have left about 600,000 people without power in Ukraine, while Kyiv said overnight restrictions on Starlink terminals disrupted several military missions and badly affected logistics on the front line. The outages came as Ukraine also reported that battlefield communications were hit by the speed limits on the satellite network. 🔗 🔗In a separate boost for Kyiv, the European Commission disbursed EUR 2.86 billion under the defence component of the EUR 90 billion Ukraine Support Loan. The payment was announced as Ukraine continued to face pressure from Russian attacks and communications disruption. 🔗In the Middle East, Saudi Arabia said... [Continue Reading]
360LiveNews Recap | 14 Oct 2026 12:20 LONDON
Iran executes man in Kerman over armed attacks during alleged US-Israeli operations
Iran has executed Ali-Sina Mostafavi in the city of Kerman after convicting him of carrying out armed attacks during what the judiciary described as joint American-Israeli military operations on Iranian soil. The execution was reported on Wednesday by the judiciary's official news outlet, which said Mostafavi was 38 and had been held in Shahab prison in Kerman. The case has drawn attention because it combines allegations of violence, political unrest and accusations of cooperation with hostile foreign-linked media.According to the judiciary, Mostafavi was accused of opening fire on civilians in Azadi Square in Kerman on 24 March, injuring one woman... [Continue Reading]
360LiveNews | 14 Oct 2026 11:02 LONDON
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Trump says massive oil, gas and mineral exploration is preparing to begin in Greenland amid security deal
US President Donald Trump said on Wednesday that "massive" oil, gas and mineral exploration is getting ready to begin in Greenland. In a post on his Truth Social platform, he described the Arctic island as a place with some of the world's largest reserves of "easily" extractable oil. He did not say who would carry out the work or give a timetable for any project.Trump linked the announcement to last month's security deal with Denmark and Greenland, saying the arrangement had strengthened the position of both the United States and Europe. The agreement expands the US military role on the... [Continue Reading]
360LiveNews | 14 Oct 2026 09:29 LONDON
Breakfast News Recap: Russia intensifies Ukraine strikes as Middle East tensions and Bank of America fine dominate
Russia launched heavy overnight strikes on Ukraine that killed at least six people and cut power to hundreds of thousands, with attacks hitting multiple regions and adding to pressure on the energy grid. The UN said recent Russian strikes in Kharkiv and Kyiv killed and injured civilians and damaged homes and infrastructure, while Ukraine’s landmine contamination is also widening as deminers increasingly use drones and AI. 🔗 🔗 🔗In the Middle East, blasts were reported in Yemen’s capital Sanaa after the Saudi led coalition warned civilians to stay away from an oil depot and nearby storage facility, as the Houthis... [Continue Reading]
360LiveNews Recap | 14 Oct 2026 08:40 LONDON
European markets open higher as FTSE, CAC and DAX rally, energy strength offsets softer metals
Executive summary: European equities opened firmly higher, led by the FTSE 100, CAC 40 and DAX, while Brent crude and natural gas advanced and gold and silver slipped. The move points to a risk-on tone in early trading, with energy strength and a weaker precious-metals complex helping shape the session. FX was comparatively calm, with sterling firmer against the dollar and the euro little changed. [Continue Reading]
360LiveNews Markets Intelligence | 14 Oct 2026 08:15 LONDON
Tokyo and Asia-Pacific Close Mixed as Nikkei and Kospi Slide, Hang Seng Gains on Risk Rotation
Executive summary: Tokyo and broader Asia-Pacific trading ended with a sharp split, led by heavy losses in Japan and South Korea while Hong Kong advanced. The Nikkei 225 fell -3.3% to 67,744.29 and the Kospi dropped -13.2% to 6,028.44, while the Hang Seng rose +1.0% to 24,369.44. Commodities were firmer in energy, with WTI crude up +2.8% and natural gas up +2.8%, while gold and silver eased. The move points to a market still balancing growth concerns, currency shifts, and a renewed bid for energy-linked assets. [Continue Reading]
360LiveNews Markets Intelligence | 14 Oct 2026 07:45 LONDON
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Trump says Houthis are trying to drive up oil prices before US elections
United States President Donald Trump has accused Yemen's Houthi movement of stepping up attacks on infrastructure in Saudi Arabia in an effort to push up oil prices ahead of the US midterm elections. In a post on Truth Social on Tuesday, he said the group had been behaving "very badly" and suggested the attacks were timed to affect energy costs before voters go to the polls in November. He also said the Houthis had been silent for a long time before emerging again.Trump said the group was acting "probably at the behest of Iran" and described Iran as a failing... [Continue Reading]
360LiveNews | 13 Oct 2026 21:32 LONDON
Argentina launches legal bid to block Falklands oil exploration
Argentina has begun legal action aimed at stopping oil and gas exploration north of the Falkland Islands, escalating a long-running dispute with the United Kingdom over sovereignty and offshore resources. Buenos Aires said it has lodged a request with the International Tribunal for the Law of the Sea. The government said the activity had been authorised illegally by the UK.The move comes two weeks after President Javier Milei demanded that the Sea Lion oilfield project be scrapped. The project is a joint venture involving Israeli and British companies, and the UK has said the development is lawful. UK Foreign Office... [Continue Reading]
360LiveNews | 13 Oct 2026 20:32 LONDON
Qatar says it was attacked by Iran as emir vows resilience and stronger defence
Sheikh Tamim bin Hamad Al Thani has said Qatar was attacked on its territory by Iran, describing it as a violation of sovereignty and international law. The emir made the remarks in Doha at the opening of the Shura Council's annual session, where he also said Qatar would emerge from the crisis more resilient. He framed the response as one of defence without widening the conflict.The emir said Qatar has long preferred negotiation and peaceful means to resolve disputes, but added that this does not mean the country will be complacent about defending itself. He said the right to defend... [Continue Reading]
360LiveNews | 13 Oct 2026 17:59 LONDON
UK says Iran is stepping up targeting of military bases after RAF Fairford incident
MI5 chief Ken McCallum has said Iran is increasing attempts to target sensitive military sites in Britain, linking the warning to a series of incidents at airbases and to what he described as a major shift in Tehran's approach this year. In his annual speech, McCallum said Iranian ambitions were moving toward harder targets, including military sites, while stressing that he could not comment on the RAF Fairford case because it remains under investigation. His remarks add to the government's public attribution of the Fairford incident to Iran's Islamic Revolutionary Guard Corps.The warning follows the suspected plot at RAF Fairford... [Continue Reading]
360LiveNews | 13 Oct 2026 17:34 LONDON
IMF warns of elevated AI and cyber risks to global financial system in Bangkok
The International Monetary Fund has warned that elevated risks linked to artificial intelligence and cyber threats could trigger a sharp tightening of financial conditions and market turmoil. The warning was set out in the fund's latest Global Financial Stability Report, released during the second day of its annual meetings with the World Bank in Bangkok. The report said an AI-related market correction and severe cyber incidents are plausible near-term catalysts for disruption.The IMF said the recent boom in artificial intelligence, together with heavy investment in semiconductors and data centres, has supported global growth. It also cautioned that growing evidence suggests... [Continue Reading]
360LiveNews | 13 Oct 2026 07:32 LONDON
IMF downgrades Middle East and Central Asia outlook as war fallout and Hormuz disruption hit growth
The International Monetary Fund has sharply downgraded its outlook for the Middle East and Central Asia, saying the region's economy is now set to contract in 2026. The revision comes amid the fallout from the US-Israel war on Iran and prolonged disruption to shipping in the Strait of Hormuz. The IMF said the region's gross domestic product is forecast to shrink by 0.3% this year, reversing an April projection of 1.9% growth.The fund said the shipping disruption in the Strait of Hormuz was a key factor behind the weaker forecast. The waterway is a major route for global energy flows... [Continue Reading]
360LiveNews | 13 Oct 2026 07:30 LONDON
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Iran says oil intermediaries owe billions amid sanctions pressure
Iran says a network of oil intermediaries handling past oil sales owes the government between 10 billion euros and 11 billion euros, in a dispute that has drawn fresh attention to the country's sanctions-hit energy finances. The claim was set out by a spokesperson for the judiciary in September and is now being linked by officials and analysts to the strain on Tehran's oil revenue collection. The debt is described as equivalent to about half of the oil revenue projected in Iran's budget for the current fiscal year.The intermediaries are part of a system Iran developed in 2012 after American... [Continue Reading]
360LiveNews | 12 Oct 2026 23:03 LONDON
Carney urges Canadian unity as Alberta prepares for secession referendum
Prime Minister Mark Carney has used a Thanksgiving message to call for national unity a week before Alberta is due to vote on a separatism referendum. The vote is scheduled for October 19 and asks Albertans whether the province should begin the legal process needed for a future binding referendum on separation from Canada. Carney said Canada cannot "build big things on fault lines" and argued that the country is stronger together.The referendum is non-binding, but it would open the way to a later vote on whether Alberta should leave Canada. Voters are being asked whether Alberta should remain a... [Continue Reading]
360LiveNews | 12 Oct 2026 23:00 LONDON
Leaked documents raise perjury concerns in Abramovich oil-fields case
Leaked documents seen by the BBC suggest that Eugene Tenenbaum, one of Roman Abramovich's closest associates, may have misled a UK court in a long-running dispute over Siberian oil fields. The case dates back to 2008 and centred on ownership of assets linked to Sibneft and Sibir Energy PLC. Abramovich won that case at the time, but the newly reported material raises fresh questions about what was presented to the court.According to the documents, there may have been a premeditated attempt to reduce the value of another investor's stake in the Siberian venture. Tenenbaum, a former director of Chelsea Football... [Continue Reading]
360LiveNews | 12 Oct 2026 20:03 LONDON
Heavy fighting on Yemen desert front lines against Houthis in Lahj governorate
Pro-government forces in Yemen say they have recently pushed Houthi fighters out of part of a desert battlefield in Lahj governorate, as fighting continues near the front line at Shaab-al-Jinn. Commanders described the area as a shifting line of sandbagged positions where progress is difficult to measure, even after days of combat. The account comes from a front that sits close to the Bab al-Mandab corridor, a strategic waterway linking the Red Sea and the Gulf of Aden.A commander with the Southern Forces, Tawfiq Al Haboun, said there had been heavy fighting and described the Houthis as having snipers, artillery... [Continue Reading]
360LiveNews | 12 Oct 2026 18:09 LONDON
Iran and Saudi Arabia hold first public contact since Houthi escalation over Yemen
Iran and Saudi Arabia have held their first publicly reported contact since the Houthi escalation intensified, with both sides discussing the conflict in Yemen and efforts to reduce tensions. Iranian Foreign Minister Abbas Araghchi spoke with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud on Sunday, according to the supplied material. Tehran also offered to help facilitate talks between Saudi Arabia and Yemen's Houthi movement, also known as Ansar Allah.The call came after deadly attacks on Saudi Arabia, including strikes on Riyadh's international airport over the weekend that killed 14 people and wounded hundreds, according to the supplied row.... [Continue Reading]
360LiveNews | 12 Oct 2026 16:34 LONDON
Diesel prices surge as Iran war and Ukraine refinery strikes squeeze global supply
Global diesel markets are under renewed pressure as supply disruptions linked to the war involving Iran and Ukrainian strikes on Russian energy facilities continue to reduce exports. The latest reporting says the fall in diesel shipments has helped push prices higher in the United States, the United Kingdom and other markets. The issue has become a wider economic concern because diesel is central to road freight, shipping and other parts of the supply chain.The supplied material says United States President Donald Trump has blamed Ukraine's attacks on Russian oil refineries for part of the global reduction in diesel exports, while... [Continue Reading]
360LiveNews | 12 Oct 2026 16:32 LONDON
Iran threatens US-UAE oil shuttle operations in the Strait of Hormuz
Iran has signalled that it intends to disrupt a shuttle system moving crude oil beyond the Strait of Hormuz, escalating pressure on a maritime route that remains central to global energy flows. Iranian authorities said the system, which they described as Arab-operated and assisted by the United States, is now an explicit target. The warning comes as the Strait has been largely closed to shipping after earlier attacks, with exports rerouted through a route reportedly opened by the US Navy.Iranian security chief Mohsen Rezaei said on Sunday night that the shuttle operation involved smaller vessels transferring oil to larger tankers.... [Continue Reading]
360LiveNews | 12 Oct 2026 16:30 LONDON
Saudi Arabia extends Riyadh airport suspension after deadly Houthi attacks as Gulf allies back response
A senior United Arab Emirates official has called for stronger Gulf security and defence cooperation after Houthi missile attacks on Riyadh's international airport killed 14 people over the weekend. Anwar Gargash, diplomatic adviser to the UAE president, said the strikes on Saudi Arabia undermined the security of the Emirates and other Gulf states. He wrote that "we are all targeted" and argued that failures in collective defence had encouraged attacks on the region.The latest figures show the death toll from Saturday's attack on King Khalid International Airport rose from 12 to 13 after an injured Indian citizen died on Sunday,... [Continue Reading]
360LiveNews | 12 Oct 2026 13:59 LONDON
One killed and 11 injured in latest projectile strike on Riyadh airport
A projectile struck King Khalid International Airport in Riyadh on Sunday, killing one person and injuring 11, according to Saudi Arabia's civil aviation authority. The strike hit terminals 3 and 4, which serve domestic flights, and prompted immediate damage assessments and safety inspections. The airport has now been hit four times in five days, underscoring the repeated targeting of a major aviation hub.The General Authority of Civil Aviation said the person who died was a Pakistani resident. It said the injured were taken to several hospitals for treatment. A witness on board a taxiing aircraft said the projectile landed near... [Continue Reading]
360LiveNews | 12 Oct 2026 04:00 LONDON
Hurricane Isaias leaves hundreds of thousands without power across Florida and Alabama
As cleanup and restoration efforts continue across Florida and Alabama, roughly 356,000 customers remained without power by midafternoon Sunday, according to the supplied report. The figure covers southern Alabama and northwestern Florida after Hurricane Isaias weakened from a Category 2 storm into a post-tropical cyclone. The storm made landfall near Destin, Florida, on Friday and then moved inland, leaving a trail of damage across the Gulf Coast.Florida Power and Light said workers from Florida and more than two dozen other states had been mobilised to help restore electricity. The National Weather Service said Isaias still had maximum sustained winds of... [Continue Reading]
360LiveNews | 12 Oct 2026 02:02 LONDON
Strait of Hormuz attacks intensify as vessel incidents spread across Gulf of Oman
Attacks and warnings involving commercial shipping have intensified around the Strait of Hormuz and the Gulf of Oman, according to reports from the area on Sunday. An unnamed crude oil supertanker was said to have hit a naval mine and suffered a major fire while using an unauthorised route with its navigation systems turned off. Separate reports also described an unidentified projectile striking a tanker heading outbound through the Strait of Hormuz, while another vessel was disabled in the Gulf of Oman.The Islamic Revolutionary Guard Corps Navy said the supertanker had ignored the "security and rules" of the strategic waterway... [Continue Reading]
360LiveNews | 11 Oct 2026 15:30 LONDON
Tanker explodes after hitting mine in Strait of Hormuz, Iranian Guard says
A petrol tanker exploded and caught fire after striking a naval mine while crossing the Strait of Hormuz, according to Iran's Revolutionary Guard. The incident was reported on Saturday and involved one of the world's most important oil transit routes. No independent confirmation of the circumstances has been provided so far.The Guard did not disclose the vessel's name, flag or origin. It also gave no details on possible casualties or the extent of the damage. Iranian state media carried the account, but the available information remains limited and unverified by outside sources.The reported blast comes amid a sharp rise in... [Continue Reading]
360LiveNews | 10 Oct 2026 19:59 LONDON
Trump Announces Deal With Putin to Release Russian Diesel to Global Market
US President Donald Trump has announced an agreement with Vladimir Putin to release large volumes of Russian diesel into the American and global markets. The announcement, made on Friday and discussed again on Saturday, immediately drew criticism from Ukraine and raised questions about the impact of sanctions on Russian energy exports. According to the statements provided, the deal would begin with an immediate release of 300,000 tonnes of diesel, followed by 500,000 tonnes in November and another 1 million tonnes later.Trump said an additional 3 million tonnes could be delivered in the near term, depending on the operating capacity of... [Continue Reading]
360LiveNews | 10 Oct 2026 13:59 LONDON
Hurricane Isaias weakens after Florida landfall as storm surge warnings remain
Hurricane Isaias made landfall on Friday night along Florida's northern Gulf Coast before weakening into a post-tropical cyclone as it moved inland across the southeastern United States. The storm brought heavy rain, strong winds and the continuing risk of life-threatening flash flooding and storm surge. Officials said the system was still expected to affect parts of Florida, Alabama and Georgia as it tracked north.The latest confirmed update said all hurricane warnings had been discontinued by Saturday morning, although a storm surge warning remained in effect for parts of Florida. A tropical storm warning was also in place in Florida and... [Continue Reading]
360LiveNews | 10 Oct 2026 07:59 LONDON
Fear the Shia, Arm the Sunnis: The Uncomfortable Numbers Behind America’s War Narrative
“When fear is managed carefully enough, a nation can be taught to look away from the blood on the floor and stare instead at the shadow on the wall.” A friend of mine, whose name I will not reveal because he asked me not to, sat across from me over dinner and placed a question on the table that would not leave me alone. He was born into a Muslim Shia background, and for the angle of this article, that detail matters, not because I wish to reduce a man to a sect, but because sect has become one of... [Continue Reading]
360LiveNews-Opinion | 23 May 2026 08:00 LONDON
GAS, GOD, AND GUNS: The Secret Agenda Behind the Washington Talks and the Death of the Maritime Border
The mahogany tables of the U.S. State Department are hosting a ghost today. As official delegations from Israel and Lebanon convene for a third round of high-stakes negotiations this Friday, May 8, 2026, the air in Washington is thick with the scent of a "peace" that looks increasingly like a strategic ambush. While the world watches the diplomatic theatre, the reality on the ground in Southern Lebanon tells a story of a predatory recalibration. Prime Minister Netanyahu isn’t just looking for a ceasefire; he is aiming to hit three birds with one single, devastating stone: the annexation of land, the... [Continue Reading]
360LiveNews-Opinion | 08 May 2026 12:29 LONDON
The Great Uncoupling: Abu Dhabi’s Sovereign Gambit
The UAE’s decision to cut ties with OPEC is far more than a mere adjustment of energy policy, for it functions as a political telegram written in barrels and sent directly to the heart of the global order. For nearly six decades, Abu Dhabi operated within the rigid architecture of producer discipline, where it accepted the rituals of quotas, the formality of communiqués, and the heavy burden of collective restraint. It played the long game of oil diplomacy with a patient hand, balancing its own massive national ambitions against the gravity of cartel discipline and the delicate logic of Gulf... [Continue Reading]
360LiveNews-Opinion | 30 Apr 2026 09:50 LONDON
The Mirage of the Umbrella: The Shifting Sands of the U.S.-Israel-GCC Alliance
As I sat in a recent debate at the historic Carlton Club in London, listening to Faisal Abbas, the Editor-in-Chief of Arab News, I felt a tangible shift in the room, not because a new fact had been revealed, but because an old illusion had finally lost its last breath. The old-world order has not merely changed, it has evaporated, leaving the Gulf to realize it is no longer watching a distant fire from the safety of marble towers and air-conditioned ministries, but is instead standing directly inside the smoke. The GCC today is caught in a lethal crossfire between... [Continue Reading]
360LiveNews-Opinion | 29 Apr 2026 21:40 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
When Deterrence Becomes Reality
Yesterday the war crossed a line! For years the Sejjil ballistic missile existed mostly as a symbol. A weapon paraded in military videos, discussed in defense briefings, whispered about in strategic circles as one of Iran’s most serious capabilities. A weapon that analysts described as deterrence, not something meant to be used. But on March 15, 2026, that line disappeared. Iran reportedly launched the Sejjil (also known as Ashoura) as part of what Tehran called the 54th wave of Operation True Promise 4, a massive strike package that also included the Fattah hypersonic missile and the Qadr ballistic missile system.... [Continue Reading]
360LiveNews-Opinion | 16 Mar 2026 18:34 LONDON
The Madness of Power, From Balfour to the Edge of World War Three
A Voice in the Wilderness of War: Who Still Dares to Speak Truth While Empires March There are moments in history when the world suddenly accelerates toward disaster, moments when anyone who has studied history can feel the temperature rising even before the explosions reach their peak. The current escalation in the Middle East is one of those moments. According to the facts we now see unfolding, the United States and Israel made the unilateral decision to attack Iran without the approval of the United Nations, without a global coalition mandate, and without the support of most of the international... [Continue Reading]
360LiveNews-Opinion | 06 Mar 2026 17:20 LONDON
The Proving Ground, When “Decent” Reporting Meets High-Tech Warfare
For two decades I have watched wars unfold not only on battlefields, but on screens. Today’s incident over Kuwait, involving the downing of a U.S. F-15 Strike Eagle, is not just another headline in the Iran conflict. It may be a signal that something larger is unfolding behind the noise. Iranian state outlets rapidly circulated imagery of an ejected pilot. Washington responded cautiously. But beneath the spectacle lies a deeper question, whose technology was truly being tested? The Gulf as a live-fire laboratory For years, China has refined export-ready variants of its air defense systems, particularly the HQ-9 family and... [Continue Reading]
360LiveNews-Opinion | 02 Mar 2026 09:36 LONDON
Shadows of Fire: The Long Arc of Iran–United States Tensions
A Region on Edge: The Latest Escalation In recent months, tensions between Iran and the United States have intensified once again, fueled by disputes over regional security, nuclear development, maritime incidents in the Persian Gulf, and the broader strategic balance in the Middle East. Officials in Washington have expressed renewed concern over Iran’s uranium enrichment levels, while leaders in Tehran have accused the United States of economic warfare through sanctions and diplomatic isolation. The fragile equilibrium that followed earlier rounds of indirect negotiations appears increasingly strained, with both sides engaging in sharp rhetoric at the United Nations, reinforcing military postures... [Continue Reading]
360LiveNews-Opinion | 19 Feb 2026 08:49 LONDON
There Is Good in Every Bad
Power, Greed, Oil, and the Theater of Modern Geopolitics The Business Model of Power Donald Trump does not govern like a traditional politician. He governs like a negotiator who believes every geopolitical crisis is leverage, every war threat is a bargaining chip, and every market panic is an opportunity. When markets tremble, someone profits. The question is, who? Global markets react instantly to political tension. Gold rises when conflict looms. Oil spikes when instability threatens production. Stock markets collapse on fear, then rebound on reassurance. Volatility is not chaos, it is opportunity. Historically, gold has surged during major geopolitical crises,... [Continue Reading]
360LiveNews-Opinion | 18 Feb 2026 17:11 LONDON
