Browsing Tag

30day

Somalia Parliament Mandate Expires as President Faces 30-Day Deadline

MOGADISHU, Somalia — Somalia was thrust into a constitutional deadlock on Tuesday after the Federal Parliament’s mandate formally lapsed, prompting a string of resignations from lawmakers even as President Hassan Sheikh Mohamud began his final 30 days in office. The four-year terms of both the House of the People and the Upper House expired on April 14. Yet Speaker of the House Adan Madobe had already announced that Parliament would remain in place for another year, a decision meant to support the federal government’s push…

U.S. allows 30-day at-sea sale of Iranian oil to ease oil prices

A sudden policy shift from Washington is sending ripples through global energy markets, as the Trump administration moves to counter surging oil prices amid escalating conflict with Iran. The United States on Friday issued a 30-day waiver allowing the purchase of Iranian oil at sea, a step officials say is aimed at easing supply pressures driven by nearly three weeks of U.S. and Israeli strikes on Iran. Treasury Secretary Scott Bessent said the measure could release roughly 140 million barrels of oil into global…