Tehran / AFP Austrian President Heinz Fischer has said it is unclear how long it will take for the West to lift sanctions on Iran, in an interview with Iran’s state television news agency IRIB. Iran’s historic agreement with world powers went into force on January 16, ending a 13-year standoff over Tehran’s disputed nuclear programme and lifting punishing sanctions …

Jakarta / AFP Ten Indonesian sailors have been kidnapped in Philippine waters by militants who have demanded a ransom for their release, a minister said on Tuesday. The crew were travelling on two boats that were transporting coal from Borneo island to the Philippines when they were hijacked, said Indonesian Foreign Minister Retno Marsudi. It is not clear when the …

On March 24, US oil futures settled at around $39 a barrel, up nearly 50 percent on January’s 12-year low of below $27. Meanwhile, the benchmark copper price on the London Metal Exchange closed at $4,945 a ton, up 15 percent from its six-year low in January, while iron ore prices have risen by nearly 30 percent this year to …