President Trump posted on social media on the 28th saying the US has reached an agreement with Venezuela to obtain 'majority control' of more than 65 billion barrels of the country's proven oil reserves through cooperation with private firms. He said the deal would cost US taxpayers nothing and would 'more than double' US oil reserves, materially boost supply and significantly lower US gasoline prices for an extended period. Trump did not disclose details and the White House has not issued an of

An Iranian media analysis says new US sanctions on Iran are part of a broader contest over the future world order, not solely an economic measure. The piece notes the US remains an economic heavyweight with substantial leverage, but the world is no longer unipolar, and a comprehensive economic blockade of Iran faces a fundamental obstacle: turning US pressure into outcomes requires wide international cooperation, which is now harder to secure. It adds that the era of using sanctions as an unconstrained weapon is nearing its end; economic power only works when paired with political legitimacy, international cooperation and recognition by other actors, and the United States is increasingly constrained by that reality.

Nepal police: Flood death toll rises to 626.