Oil futures tumbled 31% in a matter of seconds overnight on Sunday, their sharpest decline since the Gulf War in 1991. The losses are being fueled by sinking demand due to coronavirus concerns, which has in turn sparked a series of price cuts.
The Saudi crown prince has arrested two former rivals in a move that many see as an attempt to position himself to seize the throne from his 84-year-old father.
The World Health Organization declined to label the coronavirus a pandemic as the number of cases reached 100,000 over the weekend and extended its reach to 90 countries.
Russia and Turkey have agreed to a new ceasefire in northwestern Syria, the site in recent weeks of numerous clashes between Turkish and Russian-backed Assad regime forces.
Researchers in China have found that two different types of the new coronavirus could be causing infections worldwide.
Banknotes may be spreading the new coronavirus so people should try to use contactless payments instead, the World Health Organization has said.
The Greek military and police are clashing with refugees rushing to cross the border from Turkey as islanders to the south cope with hundreds of new arrivals.
Iran has nearly tripled its stockpile of enriched uranium over the last three months in violation of its deal with world powers and is refusing to answer questions about three possible undeclared nuclear sites, the UN nuclear watchdog agency said Tuesday.
Long-awaited trade talks between the European Union and Britain kicked off Monday amid deep tensions over Prime Minister Boris Johnson’s threat to walk away from the negotiations if not enough progress is made within four months.
German Chancellor Angela Merkel said Turkish President Recep Tayyip Erdogan’s decision to bus thousands of migrants from refugee camps to Turkey’s border with Greece was the wrong approach, even if Ankara ‘currently does not feel sufficiently supported’ by Europe.
Coronavirus cases surged in Italy, and France closed the world-famous Louvre Museum on Sunday as the deadly outbreak that began in China sent fear rising across Western Europe, threatening its tourism industry.
The US signed a peace agreement with the Taliban on Saturday in an effort to end 18 years of war in Afghanistan and allow US troops to return home.
The presidents of Turkey and Russia spoke by phone Friday to try to defuse tensions that rose significantly in Syria after at least 33 Turkish troops were killed in an airstrike blamed on the Syrian government, and a new wave of refugees and migrants headed for the Greek land and sea border after Turkey said it would no longer hold them back.
Turkey says its forces have retaliated against Russia-backed Syrian government forces after at least 33 of its soldiers were killed in air strikes in Idlib Province, as NATO condemned Damascus and Moscow for what it called “indiscriminate” bombing in the region.
Saudi Arabia has placed a temporary ban on Umrah pilgrims in an attempt to ensure public safety by preventing the spread of the coronavirus.
The ghastly prospect that the coronavirus outbreak could become the first truly disruptive pandemic of the globalization era is renewing doubts over the stability of the world economy.
World Health Organization (WHO) Director-General Tedros Adhanom on Monday told countries to brace for a ‘potential pandemic’ of COVID-19.
With much of China’s economy still idled as authorities try to contain an epidemic that has infected more than 75,000 people, millions of companies across the country are in a race against the clock to stay afloat.
Al Qaeda in the Arabian Peninsula (AQAP) confirmed the death of its leader, Qassim al-Raymi, and appointed his successor, a jihadist monitoring agency said Sunday.
An Iranian group is reportedly threatening to destroy what local Jews believe to be the ancient burial site of Queen Esther and Mordechai in Hamedan in retaliation for President Donald Trump’s ‘Deal of the Century’ Israeli-Palestinian peace plan.