The wheat is being procured from Europe, North and South America, and Australia, and will arrive in Saudi Arabia from September to November this year.

Iranian foreign ministry spokesman Saeed Khatibzadeh said that the country's negotiators would not return to Vienna, the site of the year-long talks to restore the nuclear deal — formally called the Joint Comprehensive Plan of Action (JCPOA) — until Washington settles outstanding issues.

Inflation was up from 54.4% in February to 61.14% in March.

Suez Canal posted twenty percent increase in revenue in the first quarter of 2022 despite the Russian-Ukraine war disturbing the global supply chain.

Iran has been engaged in negotiations to revive the deal, known formally as the Joint Comprehensive Plan of Action (JCPOA), with France, Germany, Britain, Russia and China directly, and the United States indirectly.

Diamonds shine brightly at this year's Geneva watch fair but the sanctions slapped on Russia could soon force the Swiss watch industry to produce more subdued designs.

Ukrainian authorities said Saturday the body of a well-known photographer, Maks Levin, had been found near a village in the region around Kyiv that had been caught up in the fighting. Levin became the sixth journalist killed in the war, according to Reporters Without Borders.

Peace talks between Kyiv and Moscow resumed via video amid evacuations from Ukraine, but the Kremlin warned that what it described as a helicopter attack on a fuel depot would hamper the negotiations. The airstrike hit energy giant Rosneft's fuel storage facility in Belgorod, around 40 kilometers from the border...

Marta Ortega on Friday took the reins of Zara-owner Inditex.

The package includes laser-guided rocket systems, drones, ammunition, night-vision devices, tactical secure communications systems, medical supplies and spare parts

Developing and import-dependent countries have been heavily impacted by Russia's invasion of Ukraine -- the two countries that account for more than a quarter of the world's annual wheat sales.

Russia threatened Thursday to turn off its gas taps to Europe if the continent fails to pay in rubles, opening up a new front amid its war in Ukraine, where NATO and Kyiv warned that Russian troops were regrouping for new attacks. Over a month into Russia's invasion of its...

The 13 members of the Saudi-led OPEC and 10 countries spearheaded by Russia backed an increase of 432,000 barrels per day in May, marginally higher than in previous months.

The Egyptian and Saudi governments have signed a draft agreement for Saudi investments in the country totaling a projected $10 billion, according to a statement by the Egyptian cabinet.

Vladimir Putin’s pledge to scale down military activity was met with skepticism in Ukraine and Western capitals, with the Pentagon saying Moscow had merely repositioned a ‘small number’ of forces near Kyiv, but could be preparing a ‘major offensive’ elsewhere.

Russia's Ukraine invasion, which has already exacerbated food woes in parts of Africa and the Middle East, is marring preparations for the holy month of Ramadan and forcing a turn to frugal iftar sunset meals. From Lebanon to Tunisia and Somalia, Muslims who traditionally break a dawn-to-dusk fast with lavish...

Hard-pressed to prop up the economy and stem steep price hikes if the Ukraine war continues, Khaled Osaily, Economy Minister of the Palestinian Authority, is praying for peace.

Volatility on oil markets sparked by Russia's invasion of Ukraine would be worse without OPEC+, the Saudi energy minister said on Tuesday, insisting the alliance that includes Russia deserves credit.

Activists in Arab Spring countries now lament how the platforms they once lauded have been retooled to serve the powerful. In Burma, people recount how Facebook was used to incite violence against minorities.

Five countries, including Saudi Arabia, South Korea, Italy, Ukraine and Russia are in the reckoning for the 2030 World Expo.

Ukrainian troops "liberated" the suburban town of Irpin, Interior Minister Denys Monastyrsky said, wresting a key gateway to the capital's northwest from Russian control, even as its negotiators prepared to meet Russian counterparts for face-to-face talks in Istanbul on Tuesday.

Blinken held talks with Abbas on the first full day of a trip that includes a meeting with the foreign ministers of Israel and four Arab countries.

International powers must keep talking with Russia's President Vladimir Putin until he is ready to end his invasion of Ukraine, France's Foreign Minister Jean-Yves Le Drian said Sunday.

The nickel market is dominated by a handful of players, including Tsingshan, founded by Xiang Guangda.

Turkey’s Foreign Minister Mevlut Cavusoglu has said Russia's oligarchs can continue to do business in his country so long as they respect national and international law.

In an impassioned speech from the Royal Castle in Warsaw, delivered after meeting top Ukrainian ministers in Poland and earlier conferring with NATO and EU allies on the conflict, US President Joe Biden plainly warned Russia: ‘Don't even think about moving on one single inch of NATO territory.’

EU foreign policy chief Josep Borrell said Saturday that a new deal on Iran's nuclear program would be sealed within days.

The Russian hackers tried their exploits on thousands of computers at hundreds of companies in 135 countries between 2012 and 2018, which included energy-sector targets such as a US nuclear power operator and a Saudi petrochemical facility, the US Justice Department has said.

The targeted persons and organizations are accused of “transferring sensitive items to North Korea’s missile program,” the State Department said in a statement.

The vote comes after 141 countries approved a previous non-binding resolution on March 2 that similarly demanded that Russia immediately cease the use of force against Ukraine. In that vote, five states, including Russia, voted against and 35 abstained.

President Joe Biden leaves Wednesday for Europe on a mission to bolster Western unity, ramp up unprecedented sanctions against Russia over its invasion of Ukraine and attempt to upset the post-Cold War balance of power. The conflict with Russian President Vladimir Putin is redefining Biden's 14-month old presidency as he...

The plea by Japan's Foreign Minister Yoshimasa Hayashi came during meetings with Emirati officials which coincided with a visit by Germany's economy minister.

Most Gulf Cooperation Council countries took no maximalist position on the conflict and stressed on a diplomatic approach for its resolution.

A surprise visit by Syria's Bashar al-Assad to the oil-rich United Arab Emirates opens the door to his isolated regime's return to the embrace of the Arab world, analysts say. The president's trip also showed that a more assertive UAE is willing to upset its ally Washington with a rapprochement...

Russia's claim on Saturday to have unleashed its new hypersonic Kinzhal missile would mark a new escalation of its campaign to force Ukraine to abandon hopes of closer ties with the West, even as Volodymyr Zelensky urged Vladimir Putin for presidential-level talks.

The amplifying factors include sanctions against Russia’s aviation sector, which cast a global pall over the aviation industry.

Ukraine's leader Volodymyr Zelensky made a fresh appeal for talks with Moscow on Saturday, even as the two sides have been already holding negotiations remotely. But so far, as in previous rounds, the talks have yielded little progress, with both sides blaming the other.

The Palestinian Authority is already engaged in ongoing national efforts to diversify international markets that supply Palestine with basic commodities.

Indian government officials on Friday defended the continued buying of Russian oil, saying European countries were still purchasing hydrocarbons from Moscow and that high crude prices left New Delhi with little choice.

The Nova Poshta courier company in Lviv handled millions of parcels before the war. Now, most of the 100,000 daily parcels are food, medicine and clothing.

The ministers of UAE and Russia discussed cooperation between the two countries and ways to enhance the bilateral strategic partnership in various fields. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met today with Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, in...

Markets are expecting a total of seven rate hikes this year, and while the US Federal Reserve’s Open Market Committee typically moves in quarter-point steps, Fed Chair Jerome Powell has said it could be more aggressive if needed.

The International Energy Agency cut its world oil demand forecast for 2022 on Wednesday, warning that sanctions against Russia over its invasion of Ukraine could spark a global supply "shock". "Faced with what could turn into the biggest supply crisis in decades, global energy markets are at a crossroads," the...

Ninety-six out of 134 lawmakers present voted in favour of the move on Tuesday, while 15 voted against. .

World War II still looms large in Germans' living memory and public discourse, shaping the perception of the Ukraine invasion.

Moscow is currently recruiting thousands of fighters in Syria, from the regular army and from militia groups, to be put on standby for possible deployment in Ukraine.

Russia has drawn up lists of 40,000 fighters from Syrian army and allied militia ranks to be put on standby for deployment in Ukraine, a war monitor reported Tuesday.

With Russia threatening to take ‘full control’ of several major cities in Ukraine, the fourth round of talks failed to deliver a breakthrough on the 19th day of the invasion, even as the US tried to talk down China from helping its neighbor.

Ten months of talks in Vienna have brought major powers close to renewing a landmark 2015 agreement on regulating Iran's nuclear program. But the negotiations were halted again after Russia demanded guarantees that Western sanctions imposed following its invasion of Ukraine would not damage its trade with Iran.

The move comes after Facebook and Twitter were blocked in early March as part of sweeping efforts by Moscow to control information available to Russians.