Global crude oil prices rally up to 3 pc as US-Iran tensions escalate

Global crude oil prices rally up to 3 pc as US-Iran tensions escalate

Global crude oil prices surged up to 3 per cent on Monday as escalating tensions between the US and Iran raised fears of supply disruptions following an attack near the UAE's Barakah nuclear facility. Brent crude climbed to $111.86 per barrel, while WTI crude rose to $108.70. In India. May 18, 2026
Trump may use Taiwan arms as China leverage: US envoy

Trump may use Taiwan arms as China leverage: US envoy

Concerns are growing in Taiwan after Trump suggested future US arms sales to Taiwan could be used in negotiations with China following his Beijing summit with Xi Jinping. Taiwan's envoy to the US, Alexander Yui, said continued American military support is essential to deter rising Chinese pressure May 17, 2026
After Trump-Xi talks, Putin set for key Beijing visit to boost Russia-China ties

After Trump-Xi talks, Putin set for key Beijing visit to boost Russia-China ties

The announcement comes shortly after US President Donald Trump concluded a high-profile summit in Beijing, where discussions reportedly focused on Taiwan, Iran, artificial intelligence, trade and the Russia-Ukraine war. Trump described the talks as a "historic moment" and claimed progress on several geopolitical issues. May 16, 2026