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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 360LiveNews Recap | 14 Oct 2026 08:40 LONDON
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European markets open higher as FTSE, CAC and DAX rally, energy strength offsets softer metals European markets open higher as FTSE, CAC and DAX rally, energy strength offsets softer metals

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 360LiveNews Markets Intelligence | 14 Oct 2026 08:15 LONDON
BHP to cut hundreds of jobs at Pilbara iron ore mines BHP to cut hundreds of jobs at Pilbara iron ore mines

BHP to cut hundreds of jobs at Pilbara iron ore mines

BHP has confirmed job cuts across several of its iron ore operations in Western Australia's Pilbara region. The changes affect sites including South Flank, Mining Area C, Jimblebar and Newman, according to details reported on Wednesday. The move comes as the company seeks to reshape parts of its iron ore business in one of Australia's most important mining areas.The company did not say exactly how many roles would go, but reports indicate around 300 jobs could be axed. A spokesperson said the miner was making changes to ensure the business could continue to make a significant contribution to the region... [Continue Reading]

360LiveNews 360LiveNews | 14 Oct 2026 08:02 LONDON
Tokyo and Asia-Pacific Close Mixed as Nikkei and Kospi Slide, Hang Seng Gains on Risk Rotation Tokyo and Asia-Pacific Close Mixed as Nikkei and Kospi Slide, Hang Seng Gains on Risk Rotation

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 360LiveNews Markets Intelligence | 14 Oct 2026 07:45 LONDON
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China and North Korea set to open New Yalu River Bridge to traffic China and North Korea set to open New Yalu River Bridge to traffic

China and North Korea set to open New Yalu River Bridge to traffic

China and North Korea are preparing to formally open the New Yalu River Bridge to traffic on Thursday, according to state media reports. The long-delayed crossing links the two countries across the Yalu River and has been completed on the Chinese side since 2014. Its opening is being presented as a sign of improving ties between Beijing and Pyongyang.The bridge had remained unopened for years after relations cooled over sanctions linked to North Korea's nuclear programme. China supported United Nations sanctions on Pyongyang in 2017, and the unfinished crossing became one visible symbol of the strain. The latest report says... [Continue Reading]

360LiveNews 360LiveNews | 14 Oct 2026 06:05 LONDON
UK to accelerate military support for Ukraine after US-Russia diesel deal UK to accelerate military support for Ukraine after US-Russia diesel deal

UK to accelerate military support for Ukraine after US-Russia diesel deal

British Prime Minister Andy Burnham is due to host Volodymyr Zelensky at Downing Street and announce faster military support for Ukraine, in a move that follows Washington's decision to ease sanctions on Russian diesel. The meeting is being presented by London as a show of support for Kyiv at a time of renewed strain in relations with the United States. The UK is also expected to set out further sanctions aimed at Moscow.The accelerated package is expected to include faster deliveries of British lightweight multirole missiles to Ukraine. According to the reporting, those missiles have been effective against Russian jet-powered... [Continue Reading]

360LiveNews 360LiveNews | 14 Oct 2026 06:02 LONDON
Tokyo Opens Lower as Nikkei Slides, Korea Rout Deepens Asia Risk-Off Tone Tokyo Opens Lower as Nikkei Slides, Korea Rout Deepens Asia Risk-Off Tone

Tokyo Opens Lower as Nikkei Slides, Korea Rout Deepens Asia Risk-Off Tone

Executive summary: Tokyo and broader Asia-Pacific markets opened with a defensive tone, led by a sharp drop in Japan’s Nikkei 225 and a severe selloff in South Korea’s Kospi. Commodities were mixed, with WTI crude and natural gas higher, while gold also firmed. The yen was slightly weaker against the dollar, the yuan strengthened, and Hong Kong and Australia were little changed to modestly higher. The move points to a risk-off session in regional equities, with energy strength and precious-metals resilience offsetting pressure in autos and cyclical stocks. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 14 Oct 2026 01:15 LONDON
Wall Street closes mixed as tech wobbles, energy surges and megacaps split the tape Wall Street closes mixed as tech wobbles, energy surges and megacaps split the tape

Wall Street closes mixed as tech wobbles, energy surges and megacaps split the tape

Executive summary: U.S. markets finished with a split tone, as the S&P 500 edged lower, the Nasdaq Composite fell, and small caps lagged, while the Dow managed a modest gain. The sharpest move came in AI and chip stocks, where SOXX dropped 7.7%, even as energy, banks, and several megacap tech names held up better. Rising crude, stronger natural gas, and firmer precious metals added a commodity bid, while Bitcoin and Ether also posted small gains. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 13 Oct 2026 21:15 LONDON
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Drone attack off Bulgaria sinks ship as 11 remain missing, officials say Drone attack off Bulgaria sinks ship as 11 remain missing, officials say

Drone attack off Bulgaria sinks ship as 11 remain missing, officials say

Bulgarian authorities have reported a fresh maritime security incident in the Black Sea, saying two merchant vessels were struck off the country's coast and one later sank. The developments have intensified concern over spillover from the war in Ukraine into waters used by commercial shipping. Officials said the incident took place on Tuesday near Bulgaria's shoreline, with one ship hit east of Byala and the other sinking further north near Krapets.The presidency said the Ukrainian-owned cargo ship Chelsea 3 was hit by three aerial drones, and all 15 crew members aboard were rescued. The Bulgarian interior ministry said the second... [Continue Reading]

360LiveNews 360LiveNews | 13 Oct 2026 17:29 LONDON
Europe closes mixed as FTSE 100 outperforms, metals and energy firm while autos lag Europe closes mixed as FTSE 100 outperforms, metals and energy firm while autos lag

Europe closes mixed as FTSE 100 outperforms, metals and energy firm while autos lag

Executive summary: European markets ended the session mixed, with the FTSE 100 rising 1.0% and the CAC 40 also higher, while the DAX and Euro Stoxx 50 slipped. Commodities were a key support, led by platinum, natural gas and Brent crude, while global autos fell sharply. In FX, the euro weakened against the dollar and sterling also eased, reinforcing a cautious cross-asset tone. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 13 Oct 2026 16:45 LONDON
Wall Street opens mixed as chips sink, energy and banks lead, and gold extends its surge Wall Street opens mixed as chips sink, energy and banks lead, and gold extends its surge

Wall Street opens mixed as chips sink, energy and banks lead, and gold extends its surge

Executive summary: U.S. markets opened with a sharp sector split, as AI and chip stocks sold off hard while energy, banks, precious metals, and parts of the commodity complex advanced. The Nasdaq and Russell 2000 were lower, the Dow was higher, and the S&P 500 was little changed. The move points to a rotation away from high-multiple growth and into cyclical and defensive-linked trades, with crude, gold, silver, and platinum all firmer at the open. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 13 Oct 2026 14:45 LONDON
African Union holds Kigali talks as fighting continues in eastern DRC African Union holds Kigali talks as fighting continues in eastern DRC

African Union holds Kigali talks as fighting continues in eastern DRC

The African Union has held consultations in Kigali as part of efforts to advance the peace process in eastern Democratic Republic of the Congo, where fighting continues despite ongoing diplomacy. The talks took place on 6 October and focused on implementing the Washington Peace Agreement, according to an AU statement. The delegation also discussed security arrangements, refugee protection and regional economic cooperation.The AU said the delegation was made up of former Ethiopian President Sahle-Work Zewde, former Kenyan President Uhuru Kenyatta and former Botswana President Mokgweetsi Masisi. Zewde serves as deputy chairperson of the AU Panel of Facilitators for the eastern... [Continue Reading]

360LiveNews 360LiveNews | 13 Oct 2026 14:41 LONDON
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Europe opens mixed as FTSE outperforms, metals surge and autos lag Europe opens mixed as FTSE outperforms, metals surge and autos lag

Europe opens mixed as FTSE outperforms, metals surge and autos lag

Executive summary: European equities opened with a split tone, led by a stronger FTSE 100 and modest gains in the CAC 40 and Euro Stoxx 50, while the DAX slipped. The biggest cross-asset moves were in metals, where platinum, palladium and silver all rallied sharply, alongside firmer gold and Brent crude. The euro weakened against the dollar, sterling also eased, and global autos underperformed, pointing to a market that is rewarding commodity exposure while punishing parts of the cyclical growth complex. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 13 Oct 2026 08:15 LONDON
IMF downgrades Middle East and Central Asia outlook as war fallout and Hormuz disruption hit growth IMF downgrades Middle East and Central Asia outlook as war fallout and Hormuz disruption hit growth

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 360LiveNews | 13 Oct 2026 07:30 LONDON
Ethiopia's Tigray fighting deepens as UAE backs government and Saudi role comes under scrutiny Ethiopia's Tigray fighting deepens as UAE backs government and Saudi role comes under scrutiny

Ethiopia's Tigray fighting deepens as UAE backs government and Saudi role comes under scrutiny

Renewed fighting in Ethiopia's Tigray region is drawing in wider regional interests, with the United Arab Emirates publicly backing the federal government and Saudi Arabia's diplomatic role coming under fresh scrutiny. The escalation has raised concern that the conflict could spread beyond Tigray into neighbouring Afar and Amhara, while tensions with Eritrea add to fears of a broader confrontation. The developments also put renewed pressure on the November 2022 Pretoria peace agreement, which was intended to end the war between Ethiopia's government and Tigrayan forces.On 25 September, the UAE condemned attacks by the Tigray People's Liberation Front and allied armed... [Continue Reading]

360LiveNews 360LiveNews | 13 Oct 2026 03:29 LONDON
Tokyo and Asia-Pacific open mixed as oil jumps, gold firms and Korea leads regional losses Tokyo and Asia-Pacific open mixed as oil jumps, gold firms and Korea leads regional losses

Tokyo and Asia-Pacific open mixed as oil jumps, gold firms and Korea leads regional losses

Executive summary: Asia-Pacific markets opened with a split tone, as Japan’s Nikkei 225 fell -2.339%, South Korea’s Kospi dropped -8.845%, while Hong Kong’s Hang Seng rose +0.96% and Australia’s ASX 200 gained +0.378%. The move came alongside a sharp rise in WTI crude, a firmer dollar against the yen, and strength in precious metals, with gold up +1.2% and platinum up +3.557%. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 13 Oct 2026 01:15 LONDON
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EU adds three people and four entities to DPRK sanctions list over Russia ties EU adds three people and four entities to DPRK sanctions list over Russia ties

EU adds three people and four entities to DPRK sanctions list over Russia ties

The Council today adopted additional restrictive measures against three individuals and four entities under its autonomous sanctions list on the Democratic People's Republic of Korea (DPRK). They are responsible for supporting, promoting or facilitating activities that contribute to the DPRK's programmes related to nuclear weapons, ballistic missiles or other weapons of mass destruction, as well as for violating and evading United Nations sanctions. The new listings target activities linked to the growing military and economic cooperation between the DPRK and Russia, including the deployment of DPRK workers in Russia, commercial and industrial cooperation and the 'arms-for-oil' trade, all in violation... [Continue Reading]

Breaking-360LiveNews Breaking-360LiveNews | 13 Oct 2026 00:30 LONDON
Iran says oil intermediaries owe billions amid sanctions pressure Iran says oil intermediaries owe billions amid sanctions pressure

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 360LiveNews | 12 Oct 2026 23:03 LONDON
Wall Street closes mixed as energy surges, chip stocks slide and megacaps hold the line Wall Street closes mixed as energy surges, chip stocks slide and megacaps hold the line

Wall Street closes mixed as energy surges, chip stocks slide and megacaps hold the line

Executive summary: U.S. markets finished with a split tape, as the S&P 500 and Dow Jones advanced while the Nasdaq and Russell 2000 fell. The biggest story was a sharp rotation out of AI and chip shares, led by a steep drop in SOXX and Nvidia, while energy stocks rallied alongside a jump in WTI crude. Big tech was mixed but resilient, with Apple, Microsoft and Amazon higher, helping cushion the broader market. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 12 Oct 2026 21:15 LONDON

Day News Recap: Riyadh airport attacks widen Middle East tensions as energy shock deepens

Saudi Arabia said it would respond seriously after Houthi attacks on King Khalid International Airport in Riyadh, where two strikes left 14 people dead and more than 300 injured, according to the civil aviation authority. The airport was also suspended as Gulf allies voiced support for a stronger security response. đź”— đź”—The escalation comes as the International Energy Agency warned the world is facing the biggest energy crisis ever, with disruption from the Iran, US war now stretching beyond seven months. Iran also threatened to disrupt US and UAE oil shuttle operations in the Strait of Hormuz, while diesel markets... [Continue Reading]

360LiveNews Recap 360LiveNews Recap | 12 Oct 2026 18:21 LONDON
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UK PM Andy Burnham vows to renegotiate post-Brexit trade deal with EU UK PM Andy Burnham vows to renegotiate post-Brexit trade deal with EU

UK PM Andy Burnham vows to renegotiate post-Brexit trade deal with EU

UK Prime Minister Andy Burnham has said his government will seek to renegotiate parts of the United Kingdom's post-Brexit trade relationship with the European Union. He confirmed he will attend a bilateral summit in Brussels next month, where the talks are expected to focus on trade and wider cooperation. The announcement marks a clear policy shift in the government's approach to ties with the bloc.Speaking in parliament on Monday, Burnham said the British public would be "the boss" at every stage of the process and called for "serious dialogue" on the long-term relationship. He said parts of the trade deal... [Continue Reading]

360LiveNews 360LiveNews | 12 Oct 2026 17:33 LONDON
Europe closes mixed as FTSE 100 outperforms on oil surge, while Euro Stoxx 50 and CAC 40 lag Europe closes mixed as FTSE 100 outperforms on oil surge, while Euro Stoxx 50 and CAC 40 lag

Europe closes mixed as FTSE 100 outperforms on oil surge, while Euro Stoxx 50 and CAC 40 lag

Executive summary: European markets ended the session mixed, with the FTSE 100 rising +1.4% as energy-linked strength helped offset broader caution. The Euro Stoxx 50 fell -1.2% and the CAC 40 slipped -0.5%, while the DAX was little changed. Brent crude jumped +6.7%, gold and silver also firmed, and the dollar strengthened against the euro, shaping a session defined by commodity inflation, FX pressure and a split between London and continental Europe. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 12 Oct 2026 16:45 LONDON
Iran and Saudi Arabia hold first public contact since Houthi escalation over Yemen Iran and Saudi Arabia hold first public contact since Houthi escalation over Yemen

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 360LiveNews | 12 Oct 2026 16:34 LONDON
Diesel prices surge as Iran war and Ukraine refinery strikes squeeze global supply Diesel prices surge as Iran war and Ukraine refinery strikes squeeze global supply

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 360LiveNews | 12 Oct 2026 16:32 LONDON
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Iran threatens US-UAE oil shuttle operations in the Strait of Hormuz Iran threatens US-UAE oil shuttle operations in the Strait of Hormuz

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 360LiveNews | 12 Oct 2026 16:30 LONDON
Trump says EU paid Russia $250 billion for energy, signals pressure on Europe Trump says EU paid Russia $250 billion for energy, signals pressure on Europe

Trump says EU paid Russia $250 billion for energy, signals pressure on Europe

President Donald Trump posted on Truth Social at 12 October 2026 at 15:08 BST: "The European Union paid Russia 250 Billion Dollars for Energy, and the Fake News Media doesn't want to get near that story. I made the right choice for the American People, ALWAYS, AMERICA FIRST! TRUMP" Explanation: President Donald Trump posted on Truth Social at 12 October 2026 at 15:08 BST: The post signals renewed pressure on Europe over its energy ties to Russia, and frames the European Union as having financially supported Moscow at a massive scale. Politically, it reinforces a hardline America First stance that... [Continue Reading]

Breaking-360LiveNews Breaking-360LiveNews | 12 Oct 2026 15:30 LONDON
Saudi Arabia extends Riyadh airport suspension after deadly Houthi attacks as Gulf allies back response Saudi Arabia extends Riyadh airport suspension after deadly Houthi attacks as Gulf allies back response

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 360LiveNews | 12 Oct 2026 13:59 LONDON
Europe opens mixed as metals surge, Brent jumps and autos lag, with FTSE higher and Euro Stoxx 50 under pressure Europe opens mixed as metals surge, Brent jumps and autos lag, with FTSE higher and Euro Stoxx 50 under pressure

Europe opens mixed as metals surge, Brent jumps and autos lag, with FTSE higher and Euro Stoxx 50 under pressure

Executive summary: European markets opened with a split tone, as the FTSE 100 edged higher while the DAX, CAC 40 and Euro Stoxx 50 slipped. The biggest moves were in commodities, where gold, silver, platinum and palladium all advanced, Brent crude climbed above $103, and Ether also rallied sharply. Autos were weaker, while currency moves were modest, with sterling firmer against the dollar and the euro slightly softer. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 12 Oct 2026 08:15 LONDON
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Trump's Russia diesel sanctions relief draws legality challenge as Republican backlash grows Trump's Russia diesel sanctions relief draws legality challenge as Republican backlash grows

Trump's Russia diesel sanctions relief draws legality challenge as Republican backlash grows

A Republican senator has questioned whether Donald Trump's temporary easing of sanctions on Russian diesel is lawful, adding a new domestic political challenge to the White House's energy and Russia policy. Thom Tillis said the move could violate congressional law and warned that his support for Trump's legislative priorities may depend on the administration reversing course. The criticism comes as the president seeks to lower diesel prices in the United States after a period of fuel-market pressure.Tillis made the comments during a Sunday interview on NBC News's Meet the Press, saying there was a "legitimate case" that the president was... [Continue Reading]

360LiveNews 360LiveNews | 11 Oct 2026 20:59 LONDON
Strait of Hormuz attacks intensify as vessel incidents spread across Gulf of Oman Strait of Hormuz attacks intensify as vessel incidents spread across Gulf of Oman

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 360LiveNews | 11 Oct 2026 15:30 LONDON
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Yemen's Taiz hospitals near collapse as siege deepens Yemen's Taiz hospitals near collapse as siege deepens

Yemen's Taiz hospitals near collapse as siege deepens

Yemen's Ministry of Public Health and Population says hospitals in Taiz are at risk of shutting down as fuel, medicines and other supplies run critically low under the Houthi siege. The warning comes as the city in southwestern Yemen faces what the ministry called an imminent health and humanitarian catastrophe. It said emergency care, surgery, intensive care, dialysis and neonatal services could stop if the blockade continues.The ministry said medicines, intravenous fluids, medical supplies and fuel at health facilities in Taiz are nearing depletion. It added that shortages could affect electricity generators, ambulances and the cold chains needed to keep... [Continue Reading]

360LiveNews 360LiveNews | 11 Oct 2026 05:29 LONDON
US forces disable cargo ship in Gulf of Oman amid Iran blockade enforcement US forces disable cargo ship in Gulf of Oman amid Iran blockade enforcement

US forces disable cargo ship in Gulf of Oman amid Iran blockade enforcement

United States forces have disabled a commercial cargo vessel in the Gulf of Oman after its crew allegedly ignored repeated warnings and tried to continue through regional waters after leaving an Iranian port. The US military said a fighter jet struck the stern of the Panama-flagged M/V Ocean Molica, also known as the Arika Sun, with a precision munition. According to the statement, the strike fully disabled the ship's propulsion without harming the crew.The incident was described as part of an ongoing naval blockade enforcement campaign against ships entering or leaving Iranian ports. US Central Command said its forces resumed... [Continue Reading]

360LiveNews 360LiveNews | 11 Oct 2026 04:59 LONDON
EU and China reach deal to curb hybrid car exports to Europe EU and China reach deal to curb hybrid car exports to Europe

EU and China reach deal to curb hybrid car exports to Europe

The European Union says it has reached a landmark agreement with China to reduce hybrid car exports to the bloc by more than half over four years. The deal was announced in Beijing on Friday after months of negotiations between the two sides. It is being presented as a significant step in efforts to ease pressure on European carmakers.Trade commissioner Maroš Šefčovič said the talks had been intense since June and that the agreement could cut exports of plug-in and battery-powered hybrid cars by several million vehicles over the next four years. He said the arrangement was the first of... [Continue Reading]

360LiveNews 360LiveNews | 09 Oct 2026 16:35 LONDON
Putin offers help to end Iran-US war as Pezeshkian says talks continue in Turkmenistan Putin offers help to end Iran-US war as Pezeshkian says talks continue in Turkmenistan

Putin offers help to end Iran-US war as Pezeshkian says talks continue in Turkmenistan

Vladimir Putin has said Russia will do "everything in our power" to help end the war between Iran and the United States, during a meeting with Iranian President Masoud Pezeshkian in Avazeh on Turkmenistan's Caspian coast. The comments came as the two leaders met on Thursday, adding a new diplomatic layer to an already active effort to halt the conflict. Putin praised what he described as Tehran's genuine efforts to resolve the war, while positioning Moscow as willing to assist.Pezeshkian said Iran and the United States had exchanged proposals aimed at ending the war and reopening the Strait of Hormuz.... [Continue Reading]

360LiveNews 360LiveNews | 09 Oct 2026 13:34 LONDON
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Israel opens first national pavilion at Morocco defence show in Marrakesh Israel opens first national pavilion at Morocco defence show in Marrakesh

Israel opens first national pavilion at Morocco defence show in Marrakesh

Israel has opened its first national pavilion at the Marrakesh Air Show in Morocco, marking its first official participation in a defence exhibition in the country. The event is taking place at the Marrakech Royal Moroccan Air Force Base and runs from October 7 to October 10. According to Israel's defence ministry, eight Israeli defence companies are exhibiting at the show.The ministry said the participation is the first of its kind in Morocco since the signing of the Abraham Accords in 2020. It said the companies are presenting what it described as advanced, combat-proven technologies. Among those taking part are... [Continue Reading]

360LiveNews 360LiveNews | 08 Oct 2026 20:00 LONDON
Iran strikes tankers outside Hormuz in signs of expanding campaign Iran strikes tankers outside Hormuz in signs of expanding campaign

Iran strikes tankers outside Hormuz in signs of expanding campaign

Iran's armed forces struck two commercial tankers outside the Strait of Hormuz within 24 hours this week, in what appeared to be a deliberate widening of attacks beyond the narrow waterway. The incidents took place in waters off Qatar and near Fujairah in the Gulf of Oman, both outside the strait that is central to global energy shipping. The reported attacks have raised concern that maritime insecurity in the region may be spreading into a broader area.The UK Maritime Trade Operations agency said several projectiles hit the oil and chemical tanker Acers, which was flagged in Antigua and Barbuda, 51... [Continue Reading]

360LiveNews 360LiveNews | 08 Oct 2026 15:30 LONDON
Malaysia says it will back Myanmar's ASEAN reintegration after talks in Kuala Lumpur Malaysia says it will back Myanmar's ASEAN reintegration after talks in Kuala Lumpur

Malaysia says it will back Myanmar's ASEAN reintegration after talks in Kuala Lumpur

Malaysia's prime minister has said his government will do "whatever is possible" to help Myanmar return to the Association of Southeast Asian Nations, after hosting talks in Kuala Lumpur with Myanmar's military-backed leader Min Aung Hlaing. The meeting took place during a two-day visit, the first by Min Aung Hlaing to Malaysia since he became president in April. It comes as Malaysia continues to engage directly with Myanmar despite long-running criticism over the country's political and human rights situation.Anwar Ibrahim said Malaysia would work to strengthen cooperation and eventually bring Myanmar back into the regional bloc "without prejudice", according to... [Continue Reading]

360LiveNews 360LiveNews | 08 Oct 2026 12:02 LONDON
How Gaza war sped up India's shift towards Israel under Modi How Gaza war sped up India's shift towards Israel under Modi

How Gaza war sped up India's shift towards Israel under Modi

India's deepening ties with Israel have come into sharper focus after a September 2025 visit by Israel's far-right finance minister, Bezalel Smotrich, who was welcomed in New Delhi with garlands and taken on a multi-city trip. During the visit, he signed a trade deal in the Indian capital, visited the stock exchange in Mumbai and travelled to Gujarat, the home state of Prime Minister Narendra Modi. The trip took place while Israel was carrying out its war in Gaza, and it highlighted how far New Delhi has moved from its earlier position as one of the world's staunchest supporters of... [Continue Reading]

360LiveNews 360LiveNews | 08 Oct 2026 10:05 LONDON
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Israel says British consulate in East Jerusalem is ceasing operations as UK rejects closure Israel says British consulate in East Jerusalem is ceasing operations as UK rejects closure

Israel says British consulate in East Jerusalem is ceasing operations as UK rejects closure

Israel says the British consulate in East Jerusalem is ceasing operations, with most diplomats ending their assignments and leaving the country. The announcement came as the United Kingdom said the building itself would remain open and would instead operate as the UK Mission, Jerusalem. The dispute is the latest escalation in a row over British sanctions and trade restrictions linked to Israeli settlements in the occupied West Bank.Israeli Foreign Minister Gideon Sa'ar said 20 diplomats, including the consul general, were ending their duties, while a small task force of no more than seven diplomats would be allowed to continue with... [Continue Reading]

360LiveNews 360LiveNews | 08 Oct 2026 08:59 LONDON
Tanker hit by multiple projectiles off Qatar coast, UKMTO says Tanker hit by multiple projectiles off Qatar coast, UKMTO says

Tanker hit by multiple projectiles off Qatar coast, UKMTO says

A tanker sailing off the north coast of Qatar was struck by multiple projectiles on Wednesday, according to the United Kingdom Maritime Trade Operations agency. The incident took place about 94 kilometres north of Madinat ash Shamal, within Qatar's exclusive economic zone. UKMTO said casualties were reported and that authorities were investigating the attack.The agency did not say how many people were killed or injured, and it did not identify the vessel or say where it was registered. It also did not give any indication of who may have carried out the attack. Qatar has not publicly commented on the... [Continue Reading]

360LiveNews 360LiveNews | 08 Oct 2026 04:29 LONDON
New York appeals court hears Saudi Arabia arguments in 9/11 families lawsuit New York appeals court hears Saudi Arabia arguments in 9/11 families lawsuit

New York appeals court hears Saudi Arabia arguments in 9/11 families lawsuit

A New York appeals court has heard arguments from lawyers for families of 9/11 victims and from Saudi Arabia over whether a long-running lawsuit can move to trial. The case centres on allegations that a Saudi government employee, Omar al-Bayoumi, supported two of the hijackers and had links to officials connected to the Saudi Ministry of Islamic Affairs. The hearing took place as the court considers whether the families have met the legal threshold needed to continue their case.The attacks of 11 September 2001 killed almost 3,000 people after hijackers seized four US passenger jets and crashed them into the... [Continue Reading]

360LiveNews 360LiveNews | 08 Oct 2026 02:32 LONDON
Oil and stocks swing on renewed Iran war fears and Middle East supply concerns Oil and stocks swing on renewed Iran war fears and Middle East supply concerns

Oil and stocks swing on renewed Iran war fears and Middle East supply concerns

Oil prices moved sharply on Wednesday as traders reacted to renewed fears of disruption to Middle East supply routes. Prices rose after reports that Iran appeared to be stepping up attacks on tankers in the Strait of Hormuz, then fell later in the session after officials signalled that more reserves could be released if needed. The swings also fed through to US financial markets, where stocks weakened and government bond yields climbed to their highest levels in more than two decades.The immediate trigger was a warning cited in the supplied material that tanker attacks in the Strait of Hormuz may... [Continue Reading]

360LiveNews 360LiveNews | 08 Oct 2026 02:30 LONDON
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India central bank raises repo rate for first time since 2023 as inflation pressures build India central bank raises repo rate for first time since 2023 as inflation pressures build

India central bank raises repo rate for first time since 2023 as inflation pressures build

India's central bank has raised its benchmark repo rate by 25 basis points to 5.5%, in its first increase in nearly four years. The Reserve Bank of India said the move was aimed at containing inflation as the economy faces a mix of weather-related disruptions, volatile oil prices and wider geopolitical uncertainty. The decision is likely to affect borrowing costs for households and businesses, including car, home and personal loans.Governor Sanjay Malhotra said the central bank could either raise rates further or leave them unchanged, but cuts were "off the table for now". He said the decision reflected challenging geopolitical... [Continue Reading]

360LiveNews 360LiveNews | 07 Oct 2026 12:02 LONDON
Has Russia's fuel crisis given Iranian oil an opening in Central Asia? Has Russia's fuel crisis given Iranian oil an opening in Central Asia?

Has Russia's fuel crisis given Iranian oil an opening in Central Asia?

Iran's oil exports have struggled under a US blockade, but a Russian fuel crisis caused by Ukrainian attacks on energy infrastructure may be creating a new opening in Central Asia. Countries in the region have begun buying oil from Iran as Russian fuel supplies they have long depended on run short. The shift is emerging as Moscow faces mounting pressure from drone strikes on refineries linked to its war in Ukraine.In August, Tajikistan said it was receiving oil and petroleum products from Iran as Dushanbe faced uncertainty over supplies from Russia. Also in August, Tehran agreed to establish a joint... [Continue Reading]

360LiveNews 360LiveNews | 07 Oct 2026 08:02 LONDON
Fear the Shia, Arm the Sunnis: The Uncomfortable Numbers Behind America’s War Narrative

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 360LiveNews-Opinion | 23 May 2026 08:00 LONDON
The Great Uncoupling: Abu Dhabi’s Sovereign Gambit

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 360LiveNews-Opinion | 30 Apr 2026 09:50 LONDON
The Glass Elevator to Nowhere: A World Trapped in a Chocolate Factory

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 360LiveNews-Opinion | 02 Apr 2026 09:44 LONDON
The Madness of Power, From Balfour to the Edge of World War Three

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 360LiveNews-Opinion | 06 Mar 2026 17:20 LONDON
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The Proving Ground, When “Decent” Reporting Meets High-Tech Warfare

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 360LiveNews-Opinion | 02 Mar 2026 09:36 LONDON
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