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World
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Region
7/16/2026 11:03:55 PM
A drone struck a ship off the port in Iraq's southern province of Basra on Thursday, a security official told AFP, while the country's oil ministry said an unspecified object fell near a tanker.
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Business
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Markets & Companies
7/16/2026 7:57:30 PM
Computer chipmakers and other winners of the artificial-intelligence boom are slumping again on Thursday and weighing on stock markets worldwide. They're drowning out strength for most of the rest of Wall Street, leaving US stock indexes mixed.
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Business
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Economy
7/15/2026 1:58:09 PM
A combination of weaker global demand, higher oil production outside the Gulf, and sharp inventory drawdowns has temporarily shielded the global economy from a catastrophic oil price spike following the closure of the Strait of Hormuz, but global oil buffers are now running dangerously low, the International Monetary Fund (IMF) has warned.
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World
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Region
7/15/2026 10:32:58 AM
Iran's Revolutionary Guards said on Wednesday that the Hormuz Strait would remain closed until the United States ends its "acts of aggression," while warning that other regional oil export routes could also become targets.
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Business
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Markets & Companies
7/14/2026 10:07:06 PM
Stocks are holding steadier on Tuesday after a report showed US inflation was not as bad last month as economists expected. That was even though oil prices continue to jump on worries that the United States and Iran may return to all-out war.
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Egypt
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Foreign Affairs
7/14/2026 9:00:40 PM
Egypt has strongly condemned a series of attcks targeting Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Bahrain, Oman and Jordan, warning that such actions threaten regional security, international navigation and global energy supplies while reaffirming its full solidarity with the affected Arab countries.
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World
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Region
7/13/2026 5:54:37 PM
Iran's Islamic Revolutionary Guard Corps accused the United States on Monday of jeopardising global oil and gas supplies by interfering in the strategic Strait of Hormuz, as renewed hostilities flared.
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World
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Region
7/13/2026 5:32:45 PM
World oil prices surged Monday as a fresh flare-up between the United States and Iran rattled investors, while a selloff in chipmakers sent South Korea's stock market plunging.
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Business
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Energy
7/13/2026 5:06:18 PM
Nigeria's crude production reached a 74-month high last month, authorities said over the weekend, hitting an average of 1.56 million barrels per day, or 104 percent of its OPEC quota.
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Business
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Economy
7/13/2026 11:49:37 AM
Oil prices surged over 4 percent on Monday after fresh US-Iran attacks linked to tensions over Hormuz raised concerns about supply disruptions and the future of a fragile truce.
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World
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War in Ukraine
7/12/2026 12:26:46 PM
A Ukrainian attack in southwest Russia killed one person and wounded three more, local officials said Sunday, as Kyiv’s forces continued to bombard Russia’s oil facilities.
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World
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War in Ukraine
7/10/2026 4:18:10 PM
Ukrainian drone strikes Friday hit southern Russian oil refineries and the port of Taganrog on the Azov Sea, where authorities declared an emergency and evacuated some residents, officials said.
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World
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International
7/10/2026 1:29:59 PM
The United Nations warned Friday that at least one million women and girls had lost access to critical support due to dramatic cuts to foreign aid spending since January 2025.
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Business
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Energy
7/10/2026 1:15:35 PM
The International Energy Agency said Friday that "a recovery" in global oil demand had started as supplies tentatively start moving through the strategic Strait of Hormuz again and prices ease.
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Business
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Markets & Companies
7/9/2026 7:01:22 PM
Wall Street and oil prices are holding steady on Thursday in the wait to see what will come next after President Donald Trump raised doubts about the temporary truce in the war with Iran.
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World
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War in Ukraine
7/9/2026 2:35:07 PM
Ukrainian drones on Thursday hit more Russian oil facilities and set two oil tankers ablaze in the Sea of Azov, a day after U.S. President Donald Trump pledged to grant Ukraine a license to manufacture the Patriot air defense systems.
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World
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Region
7/8/2026 5:23:03 PM
Global markets and oil prices have lurched again after the United States and Iran traded new strikes and U.S. President Donald Trump mused that fragile negotiations between the countries might be “over.”
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Business
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Markets & Companies
7/8/2026 5:13:41 PM
Wall Street stocks dropped Wednesday after US President Donald Trump said a ceasefire with Iran was "over," with oil prices soaring on the back of renewed fighting in the Middle East.
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Business
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Economy
7/8/2026 12:36:30 PM
World oil prices soared more than five percent Wednesday after US President Donald Trump said the ceasefire with Iran was over, following fresh strikes in the Middle East.
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Business
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Energy
7/7/2026 11:04:33 PM
The US Treasury Department on Tuesday revoked a license that temporarily lifted oil sanctions on Iran, calling Tehran's actions in the Strait of Hormuz "wholly unacceptable."
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