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South Korea, Japan Discuss Economic Impact of Military Logistics Support Deal

During recent discussions at a regional security forum in...

Cuban Market Affected by Delayed Russian Fuel Tanker’s Route Change

A Russian tanker, the Universal, which set sail with...

Japan-South Korea Boost Economic Ties Through Energy and Defense Initiatives

Japanese Prime Minister Sanae Takaichi recently engaged in discussions...

Xi and Putin to Enhance Economic Ties Through Extended Treaty

In a significant diplomatic move, Chinese President Xi Jinping...

Oil Prices Surge to $100 as Israel Bombs Tehran’s Fuel Storage Sites

International oil markets lurched higher after Israeli forces struck fuel storage facilities in and around Tehran, triggering a dramatic spike in crude prices above $100 per barrel. The attacks,...

Gulf Producers Warn of Total Shutdown as Oil Prices Blast Past $90 Mark

The world's major oil-producing nations are warning of an imminent total production shutdown if the Iran conflict continues, a prospect that has driven Brent crude past $90 a barrel...

Asia’s Energy Buyers Face Fierce Competition as Qatar Halts LNG Output

Energy buyers across Asia are facing a serious supply crisis after Qatar — one of their most important suppliers of liquefied natural gas — suspended production at its major...

Trump Raises Tariffs to 15%, Ignites New Legal and Diplomatic Storm

President Trump escalated his trade war Saturday with the announcement of a 15% universal tariff on all imports, triggering a wave of legal uncertainty and diplomatic tension just one...

From Scunthorpe to Ankara: British Steel’s Rail Travels Thousands of Miles for Turkish Project

Steel produced at the Scunthorpe plant is set to travel thousands of miles to form the backbone of Turkey's newest high-speed railway, in a deal that has injected fresh...

Trade Policy Drives Energy Shift: India Increases US Crude While Cutting Russian Imports

India's crude oil procurement strategy underwent a notable transformation in 2025, influenced by both market forces and international trade policies. Official figures show that crude imports from the United...

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Energy Giants Uncommitted as Trump Touts Venezuelan Oil Investment Plans

Major American oil companies have responded with notable caution to President Trump's claims that they're ready to invest billions in Venezuela's oil sector. The...

EasyJet Warns EU Free Luggage Laws Will Recreate Historic Boarding Problems

EasyJet has cautioned European Union legislators that their proposed baggage regulations risk recreating operational inefficiencies that the aviation industry spent decades overcoming. The European Parliament's...

Crude Prices Experience Historic Three-Year Slide

Oil markets concluded 2025 with their worst performance since the pandemic crisis, dropping nearly 20% in annual value. The industry confronts an unprecedented situation...

Legal Questions Surround Venezuela Supplying Oil to US Indefinitely

China's foreign ministry declaration that arrangements for Venezuela supplying oil to the US indefinitely "violate international law, infringe upon Venezuela's sovereignty, and harm the...

Oil Prices Surge to $100 as Israel Bombs Tehran’s Fuel Storage Sites

International oil markets lurched higher after Israeli forces struck fuel storage facilities in and around Tehran, triggering a dramatic spike in crude prices above...