Saudi Arabia raises oil prices for Asia, EU, US unexpectedly

The kingdom essentially increased the price for EU buyers by $2 a barrel, and 20 cents for US customers

EU donates $323m to PA for local projects

The donation will support the Palestinian government in financing local projects in agriculture, health, and civil society

Several European consulates shut down over Istanbul terror threats

The US State Department issued a terror alert for Turkiye, stating that synagogues, churches, and western diplomatic missions are a potential target for attacks

Iran retaliates with sanctions against EU, UK

Iran sanctioned the individuals and organizations over their support for terrorism, and interfering with national affairs

US hits Iran with new sanctions, EU waits for court decision

The EU is seeking to designate the IRGC a terrorist organization, and place 37 names on a sanctions list, but needs approval from a European court before the governing body can act

Iranian currency hits record low as EU threatens further sanctions

The New York federal bank has been enforcing stricter controls on international transactions by Iraqi commercial banks to hinder Iran from accessing dollars

Iran, EAEU sign free trade deal

The EAEU and Iran signed a temporary agreement in December 2021 to set up a free trade zone and counter US-led sanctions

Iran warns EU over IRGC terrorist designation

Iranian Foreign Minister Amir-Abdollahian described the EU parliament's behavior as 'emotional, injudicious, incorrect and unprofessional'

Russia increases diesel shipments to Turkiye, Morocco ahead of EU ban

Europe still imports the main bulk of Russian diesel, filling tanks ahead of the deadline on 5 February

EU inspectors launch probe against Lebanon’s central bank chief

According to European judicial documents, since 2002, Riad Salameh embezzled hundreds of millions in public funds using a shell company registered in the Virgin Islands

European officials warn Israel against ‘provocative’ actions: Report

There has been an alarming acceleration in Israel’s excavation project under the Al-Aqsa Mosque, reinforcing longstanding fears that the holy site faces a serious threat

Europe’s gas emergency: A continent hostage to seller prices

Europe’s reliance on Russian gas imports has been upended by sanctions against Moscow. With few options for practical alternatives, the continent will remain energy-dependent and financially-vulnerable regardless of who it imports from.

Kuwait plans to increase diesel exports to EU

Kuwait City expects to raise its gas exports to Europe by fivefold this year compared to 2022, hoping to deliver 2.5 million tons worth of diesel annually

New Israeli FM signals policy shift on Ukraine, neutrality toward Russia

On 29 December, Russian President Vladimir Putin called for the 'strengthening of Russian-Israeli cooperation in all areas'

Eurasia’s Middle Corridor: An Atlanticist frenzy to stifle Europe-Asia integration

Geopolitical interests between the Anglo-American establishment and the Sino-Russian-led axis will clash over the Trans-Caspian International Transport Route.

European judiciary to investigate Lebanon’s central bank governor in Beirut

The US is not interested in joining the investigation, as long as the country remains compliant with the US sanctions regime against Hezbollah and Syria

Majority of Israelis dissatisfied with new government lineup: Report

Despite widespread dissatisfaction with the ascension of supremacist officials to key positions, a large portion of citizens say they would not change their vote

Israel outraged after leaked EU document to defend Palestinian land

According to the leaked six-page document, the EU aims to provide legal aid to Palestinians in areas under Israeli control

Cyprus considers plan to import Israeli gas for European energy need

The plan is expected to anger Ankara, which has recently shown a desire to export Israeli gas into Europe

Qatari official says EU graft scandal could negatively affect ties

Brussels has accused Qatar of bribing officials as part of an influence peddling campaign

EU suspends Qatar-related activities due to corruption scandal

The Belgian Federal Prosecutor announced an 'inspection operation' targeting the offices of the European Parliament in Brussels

Iran imposes reciprocal sanctions on European individuals and media outlets

Among the media outlets sanctioned is Radio Farda, which is funded by the Washington-based US Agency for Global Media

Iranian currency slides to historic low as EU threatens ‘very tough sanctions package’

The new round of sanctions against the Islamic Republic will be implemented just days after the execution of two protesters

Qatar-related scandal topples European Parliament vice-president

Lobbying efforts by Qatar and UAE of US and EU officials has recently come under intense scrutiny for interfering in internal politics

Can Hungary act as a bridge between Iran and Europe?

As Budapest actively implements its own “Look to the East” policy, Tehran will find a potentially useful partner in Europe.

EU suspends intelligence cooperation agreement with Israel

The draft agreement was initially finalized in September, and ensures the facilitation of information between Europol and Tel Aviv

European firms invest $171 billion in Israel’s illegal settlements: Report

Israel has illegally expanded its territory since the 1967 Arab-Israeli war and built settlements in the occupied West Bank and East Jerusalem for over 700,000 settlers

Israel plans to block visit of UN Special Rapporteur on Palestine: Report

Francesca Albanese's outspoken support for Palestine has turned her into a new target for Israel's decades-old policy of silencing critics

European parliament severs ties with Iran over sanctions against EU

In response to continuous European sanctions against Tehran, the Islamic Republic has responded with its own in the hopes of countering foreign hostility

Egypt cuts domestic gas usage to help Europe survive winter

Europe is facing down the barrel of a gun mere weeks before an embargo on Russian fuel is put into effect