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AFP

AFP

Oil jumps on Hormuz tensions, stocks mostly retreat

US-Israel war on Iran, launched on February 28, has roiled global energy and equities markets, sending oil prices skyrocketing after Tehran virtually closed the key Strait of Hormuz. PHOTO: AFP/ LOIC VENANCE

US and European stocks reversed Monday as oil prices surged over fears hostilities could resume in the weeks-long Middle East war after Iran closed the Strait of Hormuz following its brief reopening. Investors were on edge approaching the end of…

Cuba confirms recent talks with visiting US delegation

Cubans unload avocados for sale, next to a mural showing the late Cuban leader Fidel Castro. FILE PHOTO AFP/ YAMIL LAGE

A senior Cuban diplomat on Monday confirmed recent talks in Havana with US officials, as the communist-led island faces a deep crisis over President Donald Trump’s pressure campaign. “I can confirm that a meeting between delegations from Cuba and the…

US sanctions two children of Nicaraguan presidential couple

Daniel Edmundo (center) and Maurice Ortega Murillo (right) in exchanges with Chinese journalists on September 10, 2024. Photo/ Presidency.

The United States on Thursday announced sanctions against two sons of Nicaragua’spresidential couple, both of whom hold government posts, as well as several enterprisesinvolved with gold mining in the Central American country. Washington has branded the government of President Daniel…

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