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.

Related articles

Editor's choice
News
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.
Editor's choice
News
Stumbling blocks for Armenia and Azerbaijan on the Road to SCO Membership

Stumbling blocks for Armenia and Azerbaijan on the Road to SCO Membership

The Shanghai Cooperation Organisation (SCO) Summit, held on August 31–September 1, 2025, in Tianjin, China, brought together leaders of the 10 member states, as well as representatives from over 20 countries and 10 international organisations. The summit resulted in the adoption of the Tianjin Declaration and the SCO Development Strategy until 2035, outlining key directions for cooperation and security. Armenia officially announced its intention to join the SCO on July 3, 2025, emphasising its commitment to the organisation’s core principles, territorial integrity, non-use of force, and inviolability of borders. Azerbaijan submitted its application later, in August. Currently, the process of admitting Armenia and Azerbaijan to the SCO is in the preliminary co-ordination stage, involving the attainment of partner status with the prospect of transitioning to full membership in the future.

Popular

Editor's choice
News
Stumbling blocks for Armenia and Azerbaijan on the Road to SCO Membership

Stumbling blocks for Armenia and Azerbaijan on the Road to SCO Membership

The Shanghai Cooperation Organisation (SCO) Summit, held on August 31–September 1, 2025, in Tianjin, China, brought together leaders of the 10 member states, as well as representatives from over 20 countries and 10 international organisations. The summit resulted in the adoption of the Tianjin Declaration and the SCO Development Strategy until 2035, outlining key directions for cooperation and security. Armenia officially announced its intention to join the SCO on July 3, 2025, emphasising its commitment to the organisation’s core principles, territorial integrity, non-use of force, and inviolability of borders. Azerbaijan submitted its application later, in August. Currently, the process of admitting Armenia and Azerbaijan to the SCO is in the preliminary co-ordination stage, involving the attainment of partner status with the prospect of transitioning to full membership in the future.