China blocks US sanctions against five ‘teapot’ refineries
Ministry of Commerce says sanctions against refineries accused of importing Iranian oil violate international law.
![More than 3,000 events are planned in 40 cities around the United States [Reuters/Kylie Cooper]](https://aljazeeranews.edgeone.app/wp-content/uploads/2026/05/2026-05-01T180739Z_390843763_RC2I0LAXVLNW_RTRMADP_3_MAY-DAY-USA-1777659500.jpg?resize=770%2C513&quality=80)
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EU trade deal with South America’s Mercosur bloc takes provisional effect
The long-awaited deal creates one of the world’s largest free trade areas with 720m potential consumers.
Rallies under way as workers gather for International Labour Day
Labour Day marches are being held as Iran war and rising energy prices threaten the global economy.
From: Money Works
Who profits big from the war on Iran?
Who profits big from the war on Iran?
Published On 1 May 2026
On May Day, Gaza’s workers find whatever source of income they can
Gaza’s economic collapse leaves workers in perilous jobs, with unemployment soaring amid ongoing devastation.
First US-Venezuela flight lands in Caracas after seven-year suspension
American Airlines has resumed flights as Donald Trump moves to rebuild ties following the abduction of Nicolas Maduro.
Trump says soaring US petrol prices will ‘drop like a rock’ after Iran war
Price of petrol in US jumps by nearly 30 cents in one week amid Strait of Hormuz blockade and Iran diplomatic deadlock.
Soaring fuel prices in Pakistan threaten economic and political crises
A huge increase in Pakistan’s fuel import bill from $300m to $800m is putting more pressure on the economy.
Tracking the shadow fleet: How Iran evaded the US naval blockade in Hormuz
Iran’s shadow fleet uses fake flags and dark ships to evade the US naval blockade in the Strait of Hormuz.
EDITOR'S ANALYSIS
Carney, ‘strong and resolute’ in first year, now has to deliver on promises
Canada’s prime minister has used Trump’s attacks on allies and others to refocus Ottawa’s foreign policy.
Gulf nations are resuming strategic projects to mitigate regional dangers
In the face of worsening geopolitical tensions, Gulf nations are resuming cooperative projects aimed to mitigate risks
