World

US officials believe that rising prices caused by the Iranian conflict could last for months, especially as fighting in the Middle East escalates and crossing the Strait of Hormuz is still almost impossible. Photo: NASA

US lifts 140 million barrels of Iranian oil sanctions to save global oil prices

|

The US is issuing a temporary license to Iran to sell oil stored on oil tankers.

Iranian President Masoud Pezeshkian. Photo: Xinhua

Iran reaffirms nuclear policy amid new leader's open stance

|

The late Iranian Supreme Leader Ali Khamenei has repeatedly warned against the development of nuclear weapons, emphasizing that nuclear weapons are banned for religious reasons.

More Russian oil tankers seized by France in the Mediterranean. Photo: Account X President Emmanuel Macron

Oil tanker departing from Russia seized by French Navy

|

France seizes Denya oil tanker flying Mozambique flag, departing from Murmansk, Russia.

In La Nina years, the Atlantic Ocean usually records about 21 storms, including 7 strong storms. Pictured are storms Imelda (left) and Humberto (right) on September 29, 2025. Photo: NOAA

La Nina recedes, super El Nino may stir up unpredictable storm season 2026

|

La Nina is weakening, the risk of super El Nino appearing is increasing rapidly, which could disrupt the storm season 2026 in an unpredictable way.

Shale oil rig in Xinjiang Autonomous Region, China. Photo: Xinhua

China holds the trump card amid global energy shock

|

As many Asian economies falter due to energy shocks from the Middle East, China emerges as a rare exception.