Articles

  • 4 days ago | semafor.com | Mathias Hammer

    Russian President Vladimir Putin met with Iran’s foreign minister Abbas Araqchi in Moscow Monday, as Tehran looks to its long-time ally for support following Washington’s weekend strikes on Iran’s nuclear facilities. While Moscow has condemned the US attack, Russian officials have not publicly promised concrete support beyond offering to act as a mediator in any negotiations.

  • 1 week ago | semafor.com | Mathias Hammer

    France’s leadership is preparing a proposal for a negotiated settlement between Israel and Iran, with French President Emmanuel Macron expressing growing concern that Israel may be targeting non-military and nuclear sites for strikes. The Élysée’s announcement comes as Washington appeared closer to joining Israel’s attacks on Iran’s military and nuclear facilities, although US President Donald Trump has declined to say whether he would take military action.

  • 1 week ago | semafor.com | Mathias Hammer

    Nippon Steel closed a $14.1 billion takeover of US Steel on Wednesday, in a deal that grants the Trump administration an unusual degree of power over the corporation after an 18-month push to finalize the purchase. The deal will transform Japan’s Nippon into the world’s second largest steelmaker, and give the company production facilities in the US that will help it avoid President Donald Trump’s 50% steel tariffs.

  • 1 week ago | semafor.com | Mathias Hammer

    Ukraine’s capital city Kyiv on Tuesday was hit with a barrage of Russian drones and missiles, killing at least 15 people in an overnight assault that marked the deadliest attack on the capital in almost a year. Moscow has been ramping up its aerial assaults on Ukrainian cities, using novel tactics to elude Ukraine’s defenses as the country faces a shortage of air defense missiles.

  • 2 weeks ago | semafor.com | Mathias Hammer

    Oil prices jumped nearly 7% Friday after Israel struck Iran, reaching their highest level since January. However, prices eased gradually as it became clear that the strikes did not target Tehran’s oil infrastructure. Energy analysts said the sudden spike in prices would likely be short lived: The increase “is driven more by fears than physical impacts,” a Wells Fargo analyst told clients.

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