Explosions have rocked a strategic energy hub on the Black Sea after a reported drone strike hit oil infrastructure at a major export terminal. Multiple storage tanks containing petroleum products were set ablaze, sending thick smoke into the air and raising concerns over regional and global energy security.
22 January,2026 08:08 PM ISTChina has reported a sharp surge in its trade surplus, reaching a record nearly $1.2 trillion, even as exports to the United States declined under President Donald Trump’s higher tariffs. Official data shows Chinese exports rose 5.5 percent last year to $3.77 trillion, while imports remained largely flat. The result pushed China’s trade surplus well beyond previous records, highlighting how exporters shifted away from the US market.
14 January,2026 07:29 PM ISTU.S. President Donald Trump is escalating pressure on Iran as nationwide protests continue amid a deadly security crackdown. In a series of statements, Trump tells Iranian protesters that “help is on the way,” cancels meetings with Iranian officials, and warns of consequences if demonstrators are killed.
14 January,2026 01:30 AM ISTU.S. President Donald Trump has issued a stark warning to the global trading system, signaling a 25% tariff on any country that continues commercial ties with Iran. The threat, described by Trump as “final,” has sent ripples through international markets despite the absence of a formal executive order or legal framework. Washington has indicated that trade penalties could be imposed immediately on nations doing business with Tehran, even as questions mount over how such a policy would be enforced. Analysts note that the economic burden of the proposed tariffs would largely fall on U.S. importers, given Iran’s long-standing status under international sanctions. WATCH
13 January,2026 03:37 PM ISTADVERTISEMENT