News

Hungarian election outcome may do little to ease EU funding deadlock for Ukraine

bne IntelliNews April 7, 2026

Ukraine’s access to tens of billions of euros in European Union support may remain uncertain regardless of the outcome of Hungary’s closely contested election this month.

US strikes hit Kharg Island defences as Iran says oil exports intact

bnm Tehran bureau April 7, 2026

US forces struck military targets on Iran’s Kharg Island, as Iranian sources insisted the country’s main oil export hub remained fully operational despite heavy bombardment.

Iran synagogue destroyed in airstrike as Jewish community condemns US-Israeli attacks

bnm Gulf bureau April 7, 2026

A synagogue in central Tehran was destroyed in an overnight airstrike with Iran blaming Israel. Tehran's Jewish community condemned the attack. Israel denied targeting the site but made no formal comment on the incident.

Trump warns Iranian civilisation could 'die tonight' as US signals major escalation

bnm Gulf bureau April 7, 2026

Trump warns "a whole civilisation will die tonight" as his deadline for Iran to reopen the Strait of Hormuz approaches. US struck 50+ targets on Kharg Island as oil tops $115 a barrel on day 39 of the war.

Trump-led Gaza Board of Peace sets deadline for Hamas disarmament

bnm Tel Aviv bureau April 7, 2026

The US-led Gaza Board of Peace has submitted a disarmament proposal to Hamas, demanding a response by the end of the week.

Meloni visits Gulf to cement Italy's energy ties as European rift with US over Iran widens

bne IntelliNews April 7, 2026

Italian PM Giorgia Meloni concluded a two-day tour of the Persian Gulf on April 4, meeting the leaders of Saudi Arabia, Qatar and the United Arab Emirates in an effort to shore up Italy's energy security as Iranian attacks on GCC countries continue.

Bosnian lawmakers set to fast-track gas pipeline amendments despite transparency concerns

bne IntelliNews April 7, 2026

Southern Gas Interconnection pipeline faces scrutiny over planned fast-track law changes in Bosnia to enable Trump-linked investor to take over project.

Hungary urges end to Russian energy sanctions as energy crisis builds

Ben Aris in Berlin April 7, 2026

Hungary has called for the lifting of sanctions on Russian oil and gas imports, as Prime Minister Viktor Orban warned that Europe faces a potential energy crisis and ordered military protection for a key pipeline.

Somalia poised to begin its first offshore oil drilling operations with Turkey’s help

bne IntelliNews April 7, 2026

Somalia is preparing to begin its first offshore drilling campaign with Turkey’s deepwater drillship "Çağrı Bey", a milestone in efforts to test a frontier basin estimated to hold 30bn barrels of prospective oil.

Russia evacuates 175 Rosatom staff from Iran's Bushehr nuclear plant via Armenia

bnm Tehran bureau April 7, 2026

Russia evacuates 175 Rosatom nuclear workers from Iran's Bushehr plant via Armenia after April 4 strike near the facility killed a guard and damaged an auxiliary building.

UK hosts allied military planners at Northwood as Trump's Iran deadline looms

bnm Gulf bureau April 7, 2026

UK military planners will meet allied officers at Northwood to discuss post-war Hormuz security as Trump's deadline for Iran looms, with the US president calling NATO a "paper tiger" and comparing Starmer to Chamberlain.

Saudi development fund signs first-ever $15mn loan with Pacific island nation Palau

bnm Gulf bureau April 7, 2026

Saudi Arabia's development fund signed its first-ever $15mn loan with Pacific island nation Palau, financing local business and climate-resilient housing as Riyadh expands its footprint in the region.

Russia shares Israel key power sector targeting intelligence for a possible Iranian Power Day retaliation

Ben Aris in Berlin April 7, 2026

With US President Donald Trump’s Power Day deadline looming, where he has promised to do “irreversible damage” to Iran's power grid, Russia has reportedly provided Iran with intelligence of the weaknesses of Israel’s power system.

Heaviest daytime raids since war began pound Tehran and Qom in morning blitz

bnm Gulf bureau April 7, 2026

Tehran residents reported the heaviest daytime bombardment since the war began on April 7.

Leaked memo claims Iran's Supreme Leader Mojtaba Khamenei unconscious in Qom

bnm Gulf bureau April 7, 2026

A leaked US-Israeli intelligence memo claims Iran's Supreme Leader Mojtaba Khamenei is unconscious in Qom and unable to govern.

Iran pushes to denominate Hormuz tolls in rials

bnm Gulf bureau April 7, 2026

An Iranian official has called for Hormuz transit fees to be charged in rials rather than yuan, citing Russia's rouble gas model as an example.

Iran and US-Israeli coalition trade tit-for-tat missiles strikes as Trump’s Power Plant Day deadline looms

Ben Aris in Berlin April 7, 2026

The clock is running down on US President Donald Trump’s “Power Day” deadline, where he has threatened to destroy Iran’s entire power sector, that could lead to major escalation in the Gulf war.

Slovak PM Fico to visit Moscow for Victory Day

Albin Sybera in Prague April 7, 2026

Robert Fico was the only EU leader to attend the Moscow parade commemorating the 80th anniversary of the end of WWII last year.

Taiwan opposition leader Cheng travels to China on 'peace mission'

bno - Kaohsiung Office April 7, 2026

Cheng, who leads Taiwan’s largest opposition party, is visiting a number of cities in China, as Chinese military pressure on the island reaches new heights.

Indian court sentences cops to death over custodial torture and killing

bno Chennai Office April 7, 2026

The victims were allegedly stripped, beaten and tortured overnight by the policemen in the station, while also being sodomised with bamboo batons seen as ubiquitous in the hands of police officers in India as a weapon used in crowd control.

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