May 1, 2026

Trump Announces Tariffs on EU Cars and Trucks

Washington: US President Donald Trump announced today that he would raise US tariffs on cars and trucks imported from the European Union next week.

According to Qatar News Agency, the US president wrote in a post on the Truth Social platform, “base…

Jerusalem Authorities Warn of Escalation at Al-Aqsa Mosque

Beirut: Officials in Occupied Jerusalem have warned of what they describe as a “serious and systematic escalation” at the Al-Aqsa Mosque, citing increased activity by settler groups in recent weeks.

According to Qatar News Agency, the Jerusalem Gove…

Nikkei Edges Higher on Tech Gains

Tokyo: Japan’s Nikkei index closed slightly higher on Friday, supported by gains in technology stocks. The Nikkei 225 rose 0.38% to finish at 59,513.12 points, while the broader Topix index edged up 0.04% to 3,728.73, posting a weekly gain of 0.3%.

Oil Gains on Hormuz Shipping Disruptions, Stalled US-Iran Talks

Manama: Oil prices climbed on Friday as persistent disruptions to shipping through the strategic Strait of Hormuz and stalled US-Iran talks heightened concerns over global supply. Brent crude futures for July delivery rose 89 cents, or 0.8%, to $111.2…