World

Hungary has satellite data, confirming that the Druzhba oil pipeline is still operating. Photo: TASS

Hungary presents evidence accusing Ukraine of lying about the Druzhba oil pipeline

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Hungary affirmed that satellite data shows the Druzhba oil pipeline is still operating, accusing Ukraine of blocking oil supplies from Russia.

Canadian flag outside the Consulate in Greenland, February 6, 2026. Photo: Xinhua

Greenland and Canada join hands on strategic minerals

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Greenland and Canada sign a joint statement on important mineral and energy cooperation amid escalating tensions in the Arctic.

Closing the Strait of Hormuz, even in just a few months, could push gas prices in Europe above 600 USD/1,000m3. Photo: Xinhua

European gas prices forecast to reach $600 as Iran closes the Strait of Hormuz

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European gas prices could skyrocket to $600/1,000m3 even though Iran may only close the Strait of Hormuz for a short time.

Qatar stopped LNG production at the Ras Laffan plant on March 2nd due to Iran's attack on this facility. Photo: AFP

Iran attacks the world's largest LNG engine UAV

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The global gas market shook after Qatar was forced to close the world's largest LNG plant due to an attack by Iranian UAVs.

Smoke rises after a ship exploded at Bandar Abbas port in the Strait of Hormuz on March 2, 2026 amid Iran's declaration of blockade of the strait. Photo: Planet Labs PBC/AFP

Iran blockades the Strait of Hormuz

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The Strait of Hormuz unexpectedly fell into an unprecedented spiral of tension as Iran announced its closure and threatened to attack all ships trying to cross.