2 February: The price of Brent crude oil rose above $111 per barrel yesterday, gaining for a second straight session on fears that tensions between Iran and the West may escalate further.Parliamentary speaker Ali Larijani again underlined that threat yest

In the meantime the Iranian Parliament yesterday discussed the country's budget for next year which sees Iran more than doubling its budget on defence in the coming year.

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Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.

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