Donald Trump is hastily negotiating with Iran, offering a $300bn rebuilding fund and an end to sanctions, after a catastrophic war sparked with Israel's influence. Despite claiming a "major win", the move follows widespread criticism of the war's justification and methodology, which has killed over 3,300 Iranians, including more than 100 children.
The US Treasury Department has imposed sanctions on Cuban President Miguel Diaz-Canel, his family, members of the Castro family, and several Cuban institutions, escalating pressure on the communist-led government.
The Trump administration announced sanctions on Friday against Hengli Petrochemical's Dalian refinery and roughly 40 shipping companies for transporting Iranian oil. The Treasury Department alleges the Chinese refinery has received Iranian crude since 2023, generating hundreds of millions in revenue for Iran's military. The move comes as the US also imposed a blockade on the Strait of Hormuz and before a planned Trump-Xi meeting in China.
The EU Council has been returning to the topic of EU economic sanctions against Israel regularly over the past two years
Arabica coffee prices hit a record level, as traders digested the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia.
