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Defence Industries Secretariat head Haluk Görgün has stated that stronger defence cooperation between Türkiye and Romania will enhance joint capabilities and contribute to NATO collective security. He cited the delivery of the CAm. Roman corvette to the Romanian Navy as a reflection of growing strategic ties.Türkiye's Vice President Cevdet Yilmaz met Iranian President Masoud Pezeshkian in Tehran on Friday to attend funeral ceremonies for late Supreme Leader Ali Khamenei, saying Ankara "deeply shares the pain" of the Iranian people and pledging to support regional stability efforts.Prime Minister Shehbaz Sharif said the Islamabad MoU takes immediate effect, with Iran reopening the Strait of Hormuz and the US lifting its naval blockade ahead of Friday's official signing ceremony in Switzerland.Fidan told the prestigious MGIMO university — which counts Russian Foreign Minister Sergey Lavrov among its alumni — that the honor recognized the deep bond between Türkiye and Russia, calling diplomacy the only effective tool for resolving regional disputes amid shifting global power dynamics and warning against strategic miscalculation during the transition to a multipolar order.Türkiye's national team is focused on securing a crucial victory against Paraguay in its second Group D match as it seeks to recover from an opening defeat to Australia. Goalkeeper Uğurcan Çakır said "the first match was not a final" and the team still has six points to play for.

Defence Industries Secretariat head Haluk Görgün has stated that stronger defence cooperation between Türkiye and Romania will enhance joint capabilities and contribute to NATO collective security. He cited the delivery of the CAm. Roman corvette to the Romanian Navy as a reflection of growing strategic ties.Türkiye's Vice President Cevdet Yilmaz met Iranian President Masoud Pezeshkian in Tehran on Friday to attend funeral ceremonies for late Supreme Leader Ali Khamenei, saying Ankara "deeply shares the pain" of the Iranian people and pledging to support regional stability efforts.Prime Minister Shehbaz Sharif said the Islamabad MoU takes immediate effect, with Iran reopening the Strait of Hormuz and the US lifting its naval blockade ahead of Friday's official signing ceremony in Switzerland.Fidan told the prestigious MGIMO university — which counts Russian Foreign Minister Sergey Lavrov among its alumni — that the honor recognized the deep bond between Türkiye and Russia, calling diplomacy the only effective tool for resolving regional disputes amid shifting global power dynamics and warning against strategic miscalculation during the transition to a multipolar order.Türkiye's national team is focused on securing a crucial victory against Paraguay in its second Group D match as it seeks to recover from an opening defeat to Australia. Goalkeeper Uğurcan Çakır said "the first match was not a final" and the team still has six points to play for.

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Brent oil rises over 3% as US revokes Iranian oil sales waiver

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09:38, 08/07/2026, WednesdayU: Update: 09:39, 08/07/2026, Wednesday

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Brent oil rises over 3% as US revokes Iranian oil sales waiver

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Brent crude jumped more than 3% on Wednesday after the US revoked a waiver allowing Iranian oil sales and launched fresh strikes in Iran. Renewed tanker attacks near the Strait of Hormuz have revived global energy supply concerns, with Brent now trading above $76 per barrel.

Oil prices surged on Wednesday as the United States revoked a sanctions waiver that had permitted Iran to sell crude on global markets, following fresh US military strikes against Iranian targets. The international benchmark Brent crude rose over 3.3% to $76.6 per barrel as of 0600GMT, extending weekly gains to more than 6%.

The US Treasury Department's Office of Foreign Assets Control (OFAC) revoked Iran-related General License X, which had authorised the production, delivery, and sale of Iranian oil under Washington's interim agreement with Tehran. The move came after a series of attacks on vessels transiting the Strait of Hormuz, including a Qatari LNG carrier and a Saudi oil tanker, raising fears that shipowners and regional producers may avoid the vital waterway.

Titles :Brent oil Iran US Hormuz

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