Global oil prices fell by more than 1% on Friday as improved crude shipments through key maritime routes eased supply concerns, even as the conflict between the United States and Iran continued to fuel geopolitical uncertainty. Brent crude futures declined by $1.03, or 1.2%, to $88 per barrel, while US West Texas Intermediate (WTI) crude...
The United States and Iran are scheduled to hold nuclear negotiations in Oman this Friday, after Tehran requested moving the venue from Turkey and narrowing discussions strictly to its nuclear program, a regional official said. The talks are intended to de-escalate mounting tensions between the two countries, which have increased following military incidents in the...
A Chinese court has sentenced former justice minister Tang Yijun to life imprisonment after finding him guilty of accepting bribes worth nearly ¥137 million (about $19.7 million) over more than a decade, state media reported on Monday. The Xiamen Intermediate People’s Court ruled that Tang abused his successive positions—including governor of Liaoning province, party leader...