Indian minister: Halting Russian oil purchases won’t end the war in Ukraine
India remains the second‑largest buyer of Russian crude oil, after China.
American oil giant Chevron to invest $7 billion to double oil production in Venezuela
Its joint venture Petroindependencia will expand to include two adjacent plots in the Carabobo region.
European Council President Costa urges EU countries to agree on new taxes to fund seven-year budget
European Council President António Costa warns EU governments they risk worse outcomes without new taxes for the seven-year budget.
US facing energy crisis due to Ukraine strikes on Russia — Finance Minister Bessent
US Finance Minister Scott Bessent says Ukraine’s strikes on Russian energy sites are causing a global energy crisis.
Netherlands moves gold from New York and Ottawa to London amid geopolitical tensions
The Netherlands moved 86 tonnes of gold from the US and Canada to London due to geopolitical tensions, DNB reported.
Iranian rial hits record low, US dollar surpasses 2.1 million mark
Since March, the rial has lost about 60% of its value against the dollar, or 63% by another estimate.
UK Prime Minister Does Not Rule Out New Borrowing, Blames Conservatives for Debt Crisis
Andy Burnham pledges fiscal stability while refusing to rule out new borrowing, blaming past Conservative governments for the UK’s high debt amid a sell‑off of British bonds.
UK Prime Minister Andy Burnham: Brexit led to ‘a decade of low growth’
UK PM Andy Burnham calls Brexit a ‘decade of low growth’ and criticizes past economic decisions.
Carney: Trade talks with US won’t resume while Washington insults Canada
Prime Minister Mark Carney says trade talks with the United States can only resume when the Trump administration stops publicly insulting Canada, amid tariffs and stalled negotiations.
Nepal seeks UN fund aid, estimates $5 billion for disaster recovery
“Those who have contributed the least are suffering the most,” Dhakal said, citing a letter sent by Nepal’s government to the board of the multilateral fund.