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News
T??rkiye does not pay cash Iran for gas imports, finance minister says
4+ day, 4+ hour ago (443+ words) Türkiye does not make direct cash payments to Iran for the natural gas it imports, Finance Minister Mehmet Simsek said on Wednesday, explaining that the funds are held in a tightly regulated account under an arrangement with the United States....
Roketsan targets stronger Europe, NATO cooperation at MSPO 2026
4+ day, 11+ hour ago (307+ words) Türkiye's Roketsan is showcasing a broad range of missile, rocket and ammunition systems at the 34th International Defense Industry Exhibition, or MSPO 2026, in Poland as it seeks to deepen cooperation with European countries and NATO allies. The exhibition, one of the…...
European steel industry carries coffins to protest cheap imports
1+ week, 1+ hour ago (221+ words) Representatives of Europe's steel industry held a demonstration in Brussels on Monday, arguing that cheap products imported from outside the European Union create unfair competition. Industry representatives, led by the European Federation of Steel, Tube and Metal Distribution and Trade…...
Oil prices climb toward $100 as Strait of Hormuz traffic nears halt
1+ week, 3+ hour ago (469+ words) Oil prices extended their gains Monday as fresh exchanges of fire between the United States and Iran around the Strait of Hormuz, along with the risk of mines, further weighed on commercial shipping through the waterway. Both international benchmarks, Brent…...
Chinese competition could cost EU manufacturing 300,000 jobs by end-2026: Report
1+ week, 4+ hour ago (485+ words) European manufacturers are facing a growing squeeze from Chinese suppliers that could wipe out 300,000 jobs by the end of 2026, according to Eurometal, a trade body representing European metal manufacturers. The warning comes as China records a €1 billion ($1.2 billion)-a-day trade…...
Barrack says T??rkiye not target as US sanctions Turkish bank over Iran
1+ week, 1+ day ago (525+ words) U.S. Ambassador to Türkiye and Special Presidential Envoy for Syria and Iraq Tom Barrack stressed Saturday that the latest U.S. sanctions against a Türkiye-based bank do not target Türkiye or its banking system. The U.S. Treasury Department sanctioned Golden…...
White House outlines Venezuela deal as Trump vows to take???all the oil???
1+ week, 6+ day ago (620+ words) The White House unveiled key details of a major Venezuela oil deal on Monday, covering 17 oil fields with more than 65 billion barrels of proven reserves, as President Donald Trump said Washington will be "taking all of that" oil out and…...
Venezuela says oil sovereignty intact under major US deal
2+ week, 1+ day ago (372+ words) Venezuela’s interim leader Delcy Rodriguez said Saturday that the country retains ownership and sovereignty over its oil under a new agreement giving the U.S. significant access to Venezuelan reserves. U.S. President Donald Trump said Washington would gain majority control over…...
UAE orders urgent inspection of Banque Misr after US dollar access threat
2+ week, 1+ day ago (477+ words) The Central Bank of the United Arab Emirates said Saturday it has ordered an urgent inspection of Banque Misr's branches in the country, after United States authorities proposed restricting the Egyptian lender's UAE branch from dollar correspondent banking services, the…...
Iran makes $7.5B in oil revenue despite US Hormuz blockade
2+ week, 2+ day ago (447+ words) Iran transferred $7.5 billion in oil revenues to its central bank from sales between March 21 and July 22 despite a U.S. naval blockade that disrupted its oil exports and maritime trade, according to data from Iran’s Oil Ministry. The funds were enough to…...