Russian Oil Prices Rise, But Shipping Costs Devour the Gains
The price of Russian Urals oil has increased significantly due to the ongoing war in Iran, even as many buyers continue to avoid it...
‘The Crisis Has Arrived’: Putin Opens Door to European Energy Talks
Russian President Vladimir Putin stated that the ongoing U. S.-Israeli war against Iran has led to a global energy crisis, warning that oil production...
Iran’s New Leader Solidifies Hardline Base, Fueling Economic Uncertainty
Iran's hardliners demonstrated their support for the new Supreme Leader Mojtaba Khamenei on Monday, indicating that the ongoing conflict in the Middle East will...
No end in sight? Why a peace deal in Ukraine remains elusive
In the initial phase of the war, Ukraine successfully repelled the Russian offensive near Kyiv and regained significant territory. However, subsequent Ukrainian counteroffensives faltered,...
Who really wins in Venezuela’s oil fields?
Venezuela's crude oil output is unlikely to see significant increases for years, despite President Trump's promises of U.S. oil investments following Nicolas Maduro's capture....
Why is Europe taking on social media giants?
European nations are ratcheting up the pressure on social media companies, responding to a public outcry over child safety fears but risking a backlash...
Iran anoints Khamenei’s son as successor as Israel ramps up strikes
Iran has indicated that Mojtaba Khamenei, the son of the late Ayatollah Ali Khamenei, will be his successor. This announcement comes after Israel's military...
Saudi Arabia warns Iran against attack, threatens retaliation
Saudi Arabia has communicated to Iran that while it prefers a diplomatic resolution to their conflict with the United States, ongoing attacks on its...
China stresses need for US dialogue as Trump targets key Beijing allies
U. S.-China dialogue is crucial to avoiding harmful misunderstandings, as stated by China's top diplomat, Foreign Minister Wang Yi, before an expected summit between...
US urges Sri Lanka not to return Iranian crew from sunken ship
The U. S. is urging Sri Lanka not to send back survivors from an Iranian warship that was recently sunk, along with the crew...