Global commodity markets have seen significant volatility, with crude oil and gold prices soaring due to escalating tensions in the Middle East and the ongoing Ukraine-Russia conflict. This surge reflects rising investor concerns about potential supply disruptions and a heightened demand for safe-haven assets amid geopolitical uncertainty, News.Az reports citing Business Times.
Italy is preparing for another extreme heat wave, with the Health Ministry issuing a "red alert" for 22 cities nationwide, indicating the highest risk level due to rising temperatures, News.Az reports citing Anadolu agency.
On Tuesday, the State Department asserted that the US is "not engaged" in any part of Ukraine's incursion into Russia, News.Az reports citing Anadolu Agency.
The Indian Defense Research and Development Organization (DRDO) has successfully test-fired the domestically developed 'Man-Portable Anti-Tank Guided Missile' (MPATGM), News.Az reports referring to Times of India.
Russia has trained its navy to target sites deep inside Europe using nuclear-capable missiles in a potential conflict with Nato, according to secret files seen by the Financial Times.
Azerbaijan's Deputy Minister of Defense, Agil Gurbanov, has met with a Turkish delegation headed by Haluk Gorgon, Chairman of Turkey’s Defense Industry Committee, said the Defense Ministry.
Iran has dismissed Western calls to refrain from retaliating against Israel for the recent killing of Hamas political leader Ismail Haniyeh in Tehran, News.Az reports citing The Guardian. a
The Biden administration is reportedly sending senior diplomats to the Middle East this week to convince Israel and Hamas to agree to a cease-fire deal, aiming to de-escalate the conflict in Gaza and prevent a broader multi-front war, News.Az reports citing Al-Monitor.
