Thursday, November 12, 2026

Mercedes-Benz to freeze all investments in production in Germany

German automaker Mercedes-Benz has decided to freeze all further investment in its production facilities within Germany, reports the DPA news agency, citing a statement made by Jörg Burzer, a member of the board of management responsible for production, during an internal company interview.

Saudi-led coalition says Houthi drone launched towards Riyadh destroyed

The Saudi-led coalition says a drone launched by the Houthis towards the Riyadh region has been intercepted and destroyed.

Energy prices rise after Trump says US does not need 'a deal with Iran'

 Global energy prices rose on Thursday after US President Donald Trump said Washington no longer needs an agreement with Iran.

"We don't need a deal with Iran. Those days have long since passed," Trump said.

European natural gas surged 6.7% to €92.50 ($102.20) per megawatt-hour as of 1645 GMT, swinging to a 2.15% weekly gain, according to market data.

International benchmark Brent crude climbed 1.1% to $93.80 per barrel, though prices remained 4.9% lower for the week.

US benchmark West Texas Intermediate (WTI) crude rose 0.55% to $87 per barrel, still down 4.5% on a weekly basis.

Trump said Washington secured Iranian financial assets and control of the Strait of Hormuz.

"We've got their money, Hundreds of Billions of Dollars, and we've got their Strait!" he said.

ℹ️ Content Notice: This text is an English translation and factual adaptation of news events, edited for clarity, neutrality and objective reporting.
Source of information: Global News Agencies including REUTERS / TASS / AFP / AP / ANADOLU / INT.RU / Al Jazeera / CNN

New round of trilateral talks agreed after Putin meeting in Moscow; EU will also join

US real estate developer Steve Witkoff says a new round of trilateral negotiations was agreed following his meeting with Russian President Vladimir Putin in Moscow, and that progress was made during the conversation.

Death toll from building collapse in New York rises to eight

At least eight people died and another 17 were injured as a result of a building collapse in the Brooklyn neighborhood of New York, Mayor Zohran Mamdani said.

Trump threatens Mexico with another major tariff hike over migrant "caravans"

On November 12, U.S. President Donald Trump threatened to impose new, immediate tariffs on Mexico if its government fails to stop the migrant caravans attempting to reach U.S. territory.

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