Iran
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FTSE 100 slips as oil price hits five-month high
Oil and gas prices have risen strongly this week, adding to worries about high inflation weighing on economic growth around the world.
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Helium named a critical material by US amid worries over global supply
Helium is the 20th critical material identified by DOE
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White House ballroom construction progress seen in aerial footage
Donald Trump’s administration has released aerial footage showing the construction progress on the White House ballroom. Deputy Chief of Staff Dan Scavino shared the video on X, which he said was filmed from Marine One during a flyover on the president’s journey to Joint Base Andrews. The original East Wing of the White House was demolished in October 2025 to make way for the 90,000-square-foot facility, proceeding without congressional authorization. Trump has defended the project, arguing it will offer a secure location for state visits, official ceremonies and inaugurations. In February 2025, the ballroom’s cost was estimated at $100m. The figure later rose to $250m and has since grown to $600m.
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Six killed and 28 injured in attack during funeral in Jordan’s Karak
Such attacks are extremely rare in Jordan
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What is the state of the UK economy heading into next week’s Budget?
Next week, John Healey is expected to reveal plans for a number of cost-of-living measures while increasing taxes for banks and gambling firms.
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UK households urged to prepare for emergencies and attacks in new government guidance
Wes Streeting is urging the public to prepare for extreme weather, cyber attacks, and war
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Drones and AI on display as Milipol Qatar draws global security firms
Around 280 companies from 33 countries gathered at Milipol Qatar, displaying drones, robots and AI systems. Exhibitors discussed changing security needs, while officials examined how to protect essential services and respond to cyberattacks and emergencies.
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'Terrifying': Ukraine and Europe on edge as Trump takes Putin's side
Trump’s pivot towards Putin has reignited fears that Washington is pushing Ukraine towards capitulation, regardless of the consequences. Alarmed, Europeans are scrambling to get the peace talks back on track.
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Jim Chalmers faces a world of hard choices where the solution to one problem makes the other worse
High inflation, low growth and rising unemployment can be added to the federal treasurer’s wall of worries
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In Netanyahu stronghold, signs of fraying loyalty emerge on eve of election
Kiryat Shmona, Israel's largest commercial center in the far north, has long supported Prime Minister Benjamin Netanyahu's Likud party
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A Budapest reset, and a scramble to get Ukraine peace talks on track
Good morning. I’m Mared Gwyn. In this Friday edition: Ursula von der Leyen is set to become a headline act at Hungary’s 1956 revolution commemoration, and Europeans grapple with Trump’s “terrifying” Ukraine approach. #EuropeToday
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Oil spill hits UAE beaches as tanker attacks multiply near Hormuz
The UAE’s Ministry of Climate Change said teams were deployed to contain a spill affecting Umm Al Quwain’s beaches, days after a tanker was struck by a projectile off the UAE coast, causing a fire.
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Campaigners call for closure of RAF Menwith Hill intelligence base
CAMPAIGNERS are demanding the closure of a controversial intelligence facility
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Ukraine war live: Trump claims Kyiv’s Starlink access has been restored
Ukrainian military sources say they are yet to see any change in satellite internet speeds
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Asian shares slip as sharp drops for AI stocks overwhelm markets worldwide and oil prices jump
Asian shares are mostly lower after the latest shudder for artificial-intelligence stocks weighed on markets around the world, giving the benchmark S&P 500 its worst day since July
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Trump mocks Michigan’s progressive and calls him a ‘jihadist’
Trump went after Abdul El-Sayed, James Talarico and Ilhan Omar at his rally in Sioux City, Iowa, as he stumps for Republicans ahead of November’s midterms
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Ed Miliband set for crucial talks over Strait of Hormuz crisis and Houthi attacks
Ed Miliband will be in Turkey on Friday for the vital talks
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Streeting tackled over ‘be-ready’ plan in Question Time ‘scaremongering’ debate
Wes Streeting defended the government’s campaign urging the public to prepare themselves for emergencies. The defence secretary told BBC Question Time that he wants people to be “alert but not alarmed”, adding there was a not a “specific thing” in mind when it comes to potential emergency incidents, but said the advice might help during power cuts or if a local shop is subject to a cyberattack. Put to him by an audience member that it could be “scaremongering” and push people towards panic buying like during the Covid-19 pandemic, he said: “We did have this debate though, just to reassure … because we want people to be alert but not alarmed, and the truth is we looked around the rest of Europe, ‘what are our friends doing across the continent?’ “They are way ahead of us on some of this stuff. So actually, my reaction as Defence Secretary wasn’t, ‘Is this the right thing to do?’ It’s ‘why haven’t we done this before, and why are we playing catch up compared to lots of other European countries’?”
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Streeting cites Churchill after Trump envoy calls Putin ‘humanitarian’
Defence Secretary Wes Streeting said there is a “clear line between appeasement and a peace process” after Donald Trump’s chief negotiator on the Ukraine war described Vladimir Putin as a “humanitarian”. Speaking on BBC Newsnight on Thursday (22 October), the defence secretary said: “I understand when people are undertaking, you know, the path of diplomacy, that sometimes you might feel the need to be gracious to the host sitting in front of you. “But I’ve got to say there is a very clear line between appeasement and a peace process, we should be in no doubt that Vladimir Putin is a cold-blooded killer.” Asked if he was saying this is appeasement by the US, he said: “I’m saying don’t feed the crocodile”. The phrase refers back to a comment Winston Churchill made on neutral nations during the early stages of the Second World War, most commonly cited as “an appeaser is one who feeds a crocodile, hoping it will eat him last”.
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Energy system stable for winter despite overseas gas reliance, analysis finds
The electricity system is forecast to have a surplus of 5.9 gigawatts between the end of October and the end of March next year.
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Will UK have enough gas and electricity to power winter months? What the data shows
Europe is also heading into winter with lower gas storage than normal as a result of higher prices
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Young voters are turning to Democrats after they clinched 2024 for Trump
Young voters flocked to Trump in 2024 but the tide is turning ahead of the midterms, polls suggest
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US Treasury proposes a rule to crack down on high-tech investments in China, other adversaries
The U.S. Treasury Department has proposed a rule to crack down on American high-tech investments in China, Russia, North Korea and other “countries of concern
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Pentagon whistleblowers ready to ‘spill their guts’ to oust Hegseth: report
Defense Secretary and his closest allies could quickly find themselves hit by subpoenas if opposition Democrats regain control of the House of Representatives come November
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Revealed: billionaire Reform donor was in business with foundation linked to Iranian regime
Exclusive: Sasan Ghandehari’s partnership with religious foundation raises questions about past dealings with republic criticised by Nigel Farage
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Average long-term US mortgage rate eases to 7.32% in first pullback since late August
Mortgage rates fell this week for the first time since late August, easing some of the pressure on prospective homebuyers facing higher borrowing costs on home loans
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Stocks rattled by fears over tech sell-off and rising oil prices
In London, the FTSE 100 index ended down 27.85 points, 0.3%, at 10,725.03.
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Gulf nations brace for possible return to all-out war
The volatility around the Israeli and US midterm elections is fueling fears of renewed US-Israeli strikes on Iran in a short and intensive military campaign to push Tehran into concessions, with Iran vowing a devastating response against the Gulf nations.
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Low water on the Rhine cuts German economic growth
Europe's biggest economy has shown some early signs of growth this year, after several years of stagnation. But climate-linked drought is weighing on industry, especially on the Rhine.
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UK households urged to prepare for emergencies and attacks in new government guidance
Wes Streeting is urging the public to prepare for extreme weather, cyber attacks, and war
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‘Nobody believes you!’ Megapastor destroys GOP senator’s wild gas price excuses
Kansas Republican Sen. Roger Marshall said Wednesday that Ukraine’s war with Russia — and not the U.S. war with Iran — was to blame for high diesel prices
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Trump orders diplomats to leave Middle East amid fears US could strike Houthis
Houthi attacks in Saudi Arabia killed at least two people at an airport in Damman on Wednesday
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Iran says 7 tankers on fire or damaged overnight in the Strait of Hormuz, and other Mideast news
Iran's state television has reported that seven oil tankers caught fire and were damaged overnight after either being targeted or striking naval mines in the Strait of Hormuz
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John Healey vows to be a chancellor ‘who backs business’ ahead of Budget
Chancellor says he is seeking to rebuild the damaged relationship between Labour and business
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Oil prices jump to five-month high as attacks threaten global supply
Iran’s IRGC says it hit four vessels in the northern Gulf and three more struck mines near the strait of Hormuz
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EU Parliament awards Sakharov Prize to ICC in rebuke of US sanctions
The European Parliament awards the Sakharov Prize to the International Criminal Court in a show of support after the US imposed sanctions on the institution. #EuropeNews
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Global race to update computers as AI discovers most disruptive hack yet
More than two thirds of the world's websites are vulnerable to a hack that was first theorised in 2024, which AI has now made very real
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A truckers’ protest halts the production of Italy's famed buffalo mozzarella
A truckers' protest in southern Italy has halted the production of buffalo mozzarella, blocking an estimated 3 million euros in just 24 hours
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Interest rate hike ‘firmly on table’ after inflation rises to 11-month high
Experts have said the latest official inflation data has reinforced expectations of a rate hike in November.
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Trump says Google refused request to rename Atlantic ‘American Ocean’
Donald Trump has claimed that Google has turned down his request to rename the Atlantic Ocean the “American Ocean.” The US president told supporters at a rally in South Carolina on Wednesday (21 October) that the company’s CEO, Sundar Pichai, had refused his suggestion. Trump says he called Pichai, who told him, "Oceans are different, sir. You know, they cover, they cover a lot of, they cover really a lot of countries." "So I'll probably pass... I think let's keep it the Atlantic Ocean, right? Pacific Ocean, we're gonna call it the American Ocean,” Trump added.
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Refusing to cross, cannot escape: Seafarers recount Hormuz dangers
Euronews spoke to a crew member of a cargo vessel anchored off Pakistan for weeks and an Iranian maritime manager about dangers in the vital waterway — where traffic has fallen 90% since the war began and at least 95 seafarers in commercial roles have died.
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Sainsbury’s boss delivers warning to government ahead of Budget
Sainsbury’s said it saw shoppers buying greater volumes of products this year
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Venezuela claims to have 300 billion barrels of oil in the ground. But experts say that's a stretch
One figure sets Venezuela apart from the rest of the world: 303 billion barrels of so-called proven oil reserves
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Argentina’s president rules out military action over Falkland Islands
Milei’s remarks mark first time he has ruled out military intervention on the territory since Trump said he would review US support for British sovereignty
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Asian shares retreat after strong profits lead a rally on Wall Street
Asian shares and U.S. futures are broadly lower after U.S. stocks climbed, lifted by strong profit reports from SpaceX, Capital One Financial and other big companies
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17 Russian trawlers logged mapping undersea cables connecting the US and Europe — over 500 incidents of Russian vessels loitering over critical communications cables reported in under 5 years
The Russians are apparently scouting the exact locations of this critical infrastructure.
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Israel using US-made electroshock weapons on Palestinian detainees
An American company is still supplying Taser weapons linked to prisoner abuse by Israeli forces
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Sainsbury’s improves profit outlook as grocery sales grow
But boss Simon Roberts stressed that ‘many households are finding things tough at the moment’ amid pressure on consumer budgets.
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Trump’s war and tariffs have battered Alaska. A pro-oil Democrat could flip the key Senate seat
Democrats believe circumstances have aligned for them to win a slew of competitive elections in the state
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Iran says 7 oil tankers are on fire or damaged in a key strait as fears grow of a return to war
Iran's government says seven oil tankers have caught fire or were been damaged in the strategic Strait of Hormuz