Ukraine asks G7 for $50 billion

Ukrainian has requested $50 billion in financial support from the G7 countries to cover a budget deficit largely created by the military conflict with Russia. The call came from government economic adviser Oleg Ustenko in a television address on Sunday.

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Iran unveils energy hub ambitions

The Islamic Republic aims to become a major regional gas trading platform to counter US sanctions Iran is seeking to create a gas hub in cooperation with the country’s Eurasian trade partners, Oil Minister Javad Owji announced on Wednesday. The move is part of Tehran’s efforts to strengthen regional cooperation and enhance its position on…

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France to propose ‘Olympic ceasefire’ in Ukraine conflict – Macron

The ancient tradition of an Olympic Truce was originally implemented to ensure safe travel for pilgrims and athletes French President Emmanuel Macron has said he will ask Russia for a ceasefire in Ukraine during the Summer Olympics, set to take place in Paris between July 26 and August 11.

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