Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19 infections cut short a three-day rally, and as production returned in Mexico.
The Parliament speaker says the United States and the Zionist regime have turned to economic war and sanctions following failure to defeat the resistance front on the battle ground, stressing the need for enhanced trade ties among countries of the resistance axis to foil the pair’s economic plots.
US senator and a candidate in the 2020 US presidential election, Bernie Sanders believes the American society is “oligarchic” where majority of wealth is accumulated by a handful of affluent elites.
Acute food insecurity has soared 40% this year as recent food price hikes have exacerbated existing pressures from conflict, climate change and the COVID-19 pandemic, the United Nations World Food Programme (WFP) says.
Consumer prices in the United States spiked sharply in April, according to new data released Wednesday by the Department of Labor.
Oil prices increased on Thursday to the highest level in almost a month, after rising 5% in the previous session.
Russia says its activities in the Arctic do not pose a threat to any country, and that the United States military is escalating tensions in the resource-rich region by conducting provocations.
A container ship blocking the Suez Canal like a "beached whale" may take weeks to free, the salvage company said, as officials stopped all ships entering the channel on Thursday in a new setback for global trade.
A senior Russia lawmaker says his country is gradually reducing the role of the US dollar in financial transactions with allies and commercial partners, a long-pursued measure aimed at using currencies other than the greenback to offset the impacts of American sanctions.
A group of 16 countries, including Iran, Russia and China, are pushing to create a coalition at the United Nations to counter the use or threat of force and unilateral sanctions by the West.