Oil prices rose on Friday, reversing some of the previous day's sharp losses as stock markets strengthened and the U.S. dollar slipped, though gains were capped by the coronavirus situation in major oil consumer India. Brent crude oil futures were up $1.23, or 1.8%, at $68.28 a barrel by 1349 GMT and West Texas Intermediate (WTI) crude was up $1.12, or 1.8%, at $64.94. The two contracts lost about 3% on Thursday.
The Pentagon on Thursday confirmed reports that it pulled 120 U.S. military personnel from Israel. Defense Department press secretary John Kirby said the U.S. Central Command and U.S. European Command staffers flew aboard a C-17 …
The U.S. administration continues to think that Nord Stream 2 is a bad project, White House spokeswoman Jen Psaki said during a press briefing at the White House. She was asked if there is any discussion about Nord Stream …
U.S. President Joe Biden said that the Russian government was not behind the cyberattack on Colonial Pipeline while noting he would raise the cybercrime issue in talks with Russian President Vladimir Putin. "We do not believe …
A 2-year-old boy injured both parents and himself after firing a handgun he found on a nightstand in a West Bath, Maine home Wednesday morning, police said. Officers responded to the residence around 8 a.m. according to the Bangor …
While Iran and Saudi Arabia do not share many common political values and have been indirectly competing for more power and influence in the region through actions in Lebanon, Syria, Iraq and Yemen, recent developments suggest room for rapprochement
The United States said Tuesday it was reviewing the previous administration's withdrawal from the Open Skies Treaty as Russia moved formally to leave the post-Cold War accord meant to build trust. The United States officially left …
U.S. Secretary of State Antony Blinken on Tuesday spoke to Israel's Foreign Minister Gabi Ashkenazi and expressed his concerns over the escalating violence between Israel and Palestine, including the rocket attacks by the latter. …
Do Belt and Road projects provide local benefits?
The Biden administration contacted North Korea last week to explain the results of its review of U.S. North Korea policy, according to local news reports. After Joe Biden took office in January, the U.S. began a review of its North Korea policy, but Pyongyang ignored suggestions to return to the negotiating table
The White House voiced "serious concerns" on Monday over violence in occupied East Jerusalem as tensions peak following an Israeli raid on al-Aqsa mosque. "We are continuing to closely monitor the violence in Israel. We …
U.S. President Joe Biden said on Monday that his meeting with Russian President Vladimir Putin will take place. Biden delivered a speech at the White House on the economic effects of the pandemic. At the end of the speech, a …
The COVID-19 crisis has probably been the most significant and consequential public health crisis the world has faced in the past century. Since the 1917 Spanish flu, this is the first time that the world has dealt a crisis of …
U.S. military planners are looking for options to base forces and equipment in Central Asia and the Middle East after American and allied troops leave Afghanistan in the coming months, Wall Street Journal reported. With withdrawal …
Three people were injured in a shooting Saturday at Aventura Mall, U.S., with the gunfire stemming from an argument between two groups of people near the Hugo Boss store, police said, ABC News reports. The three were rushed to a …
The chances of the sanctions war around Nord Stream 2 to rage on after the construction of the pipeline is finally over seem to be high. As Modern Diplomacy …
The share of U.S. dollar-denominated assets in the world's foreign reserves sank for the fifth straight year in 2020 to 59%, its lowest level in a quarter century, as emerging economies like China and Russia diversify holdings amid concerns …
A drone attack launched against Ain al-Asad airbase in western Iraq has resulted in damages but no casualties. The facility, which is home to US and international troops, was also targeted by rockets earlier this week, RT reports. …
US President Joe Biden is confident that his personal meeting with his Russian counterpart Vladimir Putin will take place in the near future. "I am confident that we are able to do this [hold the meeting]. We do not have a specific …
US Secretary of State Antony Blinken admitted that some of his country's moves undermined world order and other countries' faith in Washington's commitment to abiding the international law. “Everyone should be held …
