tippinsights and the TIPP poll regularly gauge foreign policies coming out from Washington D.C.
Iraq, OPEC's second-largest oil exporter, has become increasingly concerned about its heavy reliance on oil exports through the Persian Gulf following the conflict involving the United States, Israel and Iran.
Brent crude fell 1.3% to $72.75 per barrel, while U.S. West Texas Intermediate dropped 1.1% to $69.60, returning to levels seen before the war began in late February.
Early estimates from the U.S. Geological Survey placed potential economic losses between $10 billion and $100 billion.
According to the U.S. Geological Survey, the earthquake struck near the Caribbean coast close to Montalbán at a relatively shallow depth, allowing the tremors to be felt across much of northern Venezuela and neighboring Colombia.
The funding reduction is part of the gradual drawdown of the U.S. President's Emergency Plan for AIDS Relief (PEPFAR), a landmark global health initiative launched more than two decades ago.
The move signals Washington's confidence in the improved security environment and its commitment to maintaining a strong diplomatic presence in the Middle East.
According to diplomatic sources, the proposed negotiations would involve Iran, Iraq, and Gulf Arab states and would focus on navigation, maritime services, and long-term security arrangements in the waterway.
Gulf governments remain uneasy about provisions that could give Iran a role in overseeing commercial traffic through the Strait of Hormuz
Continued tanker movement through the Strait of Hormuz boosted investor confidence that global energy shipments would remain largely uninterrupted.
According to Treasury Secretary, the first tranche of funds will likely be released from accounts in Qatar, with Treasury officials in Doha monitoring how the money is allocated.
In a post on Truth Social, Trump also stated that no U.S. funds had been handed over to Iran, although some Iranian-controlled money would be used to purchase American agricultural products, including corn, wheat, and soybeans
According to Meteo France, the country recorded its hottest day ever on a national scale, with temperatures reaching 44.3 degrees Celsius in southwestern France. Several cities also registered unprecedented readings.
Israeli military operations have resulted in significant deaths, injuries and trauma among children, and argued that these actions indicate a broader intent to harm the Palestinian population.
Kyiv recently carried out a major drone attack on Gazprom’s Moscow Refinery, causing a large explosion and highlighting Ukraine’s growing ability to strike deep inside Russian territory
The sanctions, announced by the U.S. Treasury Department, target nine individuals and 26 entities allegedly connected to the business network.
