EU intends to use Russian assets as compensation of loan for Kiev

The European Union has reserved for itself the right to use frozen Russian assets to compensate the "reparation loan" worth 90 bln euro that was extended to Ukraine, the EU Council said in its regulation posted on the EU Official Journal.

Russia to respond to new EU Sanctions after reviewing them

 Russia's response to the latest round of EU sanctions will follow a careful review of its contents, Russian Deputy Foreign Minister Alexander Grushko said on Thursday.

Trump says Strait of Hormuz ‘sealed up tight’ by US until Iran agrees to make "deal"

 US President Donald Trump said the Strait of Hormuz is completely blocked by the United States and will remain so until Tehran agrees to a deal with Washington.

Iran releases video of IRGC capturing ship in Strait of Hormuz

 Iran has released a video said to show its forces capturing a container vessel in the Strait of Hormuz.

Iran reports seizing 2 ships in Strait of Hormuz hours after Trump’s ceasefire extension

Iran’s Islamic Revolutionary Guard Corps seized two foreign ships traveling through the Strait of Hormuz on Wednesday, according to a semiofficial state news agency, a major escalation coming just hours after President Donald Trump announced he was extending a ceasefire between Washington and Tehran.

Lufthansa cuts 20,000 summer flights as fuel prices surge

German airline Lufthansa will cut 20,000 European short-haul flights over the summer, saying soaring fuel prices have made many journeys "unprofitable" for the firm.

Trump extends Iran ceasefire

Donald Trump has extended his ceasefire with Iran just hours before it was due to expire, but key disputes between the US and Iran remain unresolved.

Iran refutes Trump’s allegations about eight women set to be executed

Iran has refuted US President Donald Trump’s allegations that eight women were set to be executed in the republic.