Global News

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    Oil tycoons deny paying bribes to former Nigerian minister

    Two oil executives have denied paying bribes to former Nigerian oil minister Diezani Alison-Madueke, a court has been told. Statements made by Kevin Okyere and Igho Sanomi to UK investigators were read out in Southwark Crown Court on Tuesday. The men are part of a group of industry insiders who are alleged to have bankrolled spending sprees and luxury home…

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    Nigeria’s commercial capital Lagos bets on local power as grid falters

    Lagos is betting that Nigeria’s chronic electricity shortages can be addressed outside the national grid, scaling up state-backed power generation and distribution after securing 400 megawatts of new supply, the state’s energy commissioner said. Africa’s largest city is pressing ahead under reforms that allow sub-national governments to regulate power as Nigeria’s grid struggles. At least 22 other states are also…

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    Five takeaways from the King’s historic address to Congress

    King Charles III’s visit to the US was meant to be a celebration – of America’s 250th anniversary, of enduring Anglo-American ties and of the “special relationship”. But it has also been billed as a rescue mission. The current state of US-UK relations is strained – a reflection of British reluctance to fully back the joint US-Israeli war against Iran.…

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    Mali leader says situation under control in first speech since attacks

    The leader of Mali’s military government, Assimi Goita, on Tuesday made his first public appearance since insurgents launched coordinated attacks over the weekend, vowing in a televised address to “neutralize” those responsible. West Africa’s al Qaeda affiliate and a Tuareg-dominated separatist group hit Mali’s main army base and the ‌area near Bamako’s airport in the attacks on Saturday, while also…

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    Third Ukrainian strike hits Russian oil refinery and prompts evacuations

    A major Russian oil refinery on the Black Sea has been hit for the third time this month by Ukrainian drones, causing a “massive fire” and forcing the evacuation of people living nearby, local officials have said. Earlier strikes in the past two weeks at the Tuapse refinery caused a big oil spill in the sea and residents reported “black”…

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    America’s special relationship ‘probably Israel’, says UK ambassador to US

    The UK’s ambassador to the US has said the only country that has a “special relationship” with the United States is “probably Israel”. “My advice to my prime minister is ‘I can’t just put my hands on my ears and say it’s special, it’s going to be fine’,” Sir Christian Turner told a group of students of the transatlantic relationship…

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    Gulf leaders meet in Saudi Arabia to discuss response to Iranian strikes

    Saudi Crown Prince Mohammed bin Salman chaired a consultative meeting of the Gulf Cooperation Council in Jeddah on Tuesday, state media said, the first in-person meeting of Gulf leaders since their states became a front in the Iran war two months ago. A Gulf official, speaking on condition of anonymity, said the meeting aimed to craft a response to the…

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    Iran offers Hormuz deal without nuclear talks, as it seeks broader buy-in

    Iranian Foreign Minister Abbas Araghchi has discussed with regional interlocutors a proposal aimed at reopening the Strait of Hormuz while deferring talks with the United States on Tehran’s nuclear programme for later, during a 72-hour diplomatic sprint across three countries seemingly aimed at securing broader support for the plan. Araghchi on Monday met Russian President Vladimir Putin in St Petersburg…

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    Russian superyacht sails through Strait of Hormuz despite blockade

    The multi-deck luxury boat valued at more than $500m (£370m) transited the Gulf waterway at the weekendA superyacht linked to one of Russian President Vladimir Putin’s key allies has sailed through the Strait of Hormuz, despite the ongoing blockade of the critical shipping channel. The 142m-long (465 ft) multi-deck luxury boat, named Nord, is linked to sanctioned Russian billionaire Alexei…

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    UAE leaves OPEC in major blow to global oil producers’ group

    The United Arab Emirates said on Tuesday it was quitting oil-producers’ group OPEC, as an unprecedented energy crisis triggered by the Iran war exposes discord among Gulf ​nations. The loss of the UAE, a longstanding OPEC member, could create disarray and weaken the group, which has ‌usually sought to show a united front despite internal disagreements over a range of…

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