World

World oil prices fall for 2 consecutive days

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Signs of cooling Middle East conflict pull oil prices down, market expects supply to be restored soon.

US suspends efforts to escort ships in the Strait of Hormuz

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President Donald Trump said that the US will temporarily stop the escort operation of ships across the Strait of Hormuz.

El Nino could be strongest in 30 years, no longer according to old rules

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A strong El Nino wave may be about to appear. Climate change is changing the impact of this phenomenon.

Iranian oil tanker appears in Lombok Strait, Indonesia says it does not violate maritime law

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Indonesia affirms that Iranian oil tankers have the right to pass through its waters under international law of the sea.

Russia declares destruction of Ukraine's Damba electronic warfare station

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Forces of the Northern Task Force of Russia destroyed a Damba electronic warfare station of Ukraine in the Sumy region, Ukraine.

Large factory fire in South Korea, many people jump out of building to escape

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The fire occurred at about 1:18 pm on the 20th, local time at 3 am at a car parts factory in Daejeon, South Korea.

Iranian general killed in airstrike after statement about missile capability

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Iranian General Ali Mohammad Naeini was killed after speaking about missile capabilities, increasing tensions in the conflict in Iran.

Middle East may lag 20 years behind due to Iran's unprecedented attack on Qatar

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Iran's attacks on Qatar on March 18-19 caused heavy damage, disrupted LNG supplies and could cause the Middle East to decline for up to 20 years.

EU loan to support Ukraine continues to be blocked

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The EU is seeking to disburse a 90 billion euro loan to Ukraine despite Hungary's continued veto, raising concerns that Kiev may soon run out of money in the next few weeks.

US sanctioned oil tanker transported 5 million barrels of oil out of the Gulf

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Amidst more than 540 international ships stranded due to war, 3 oil tankers on the US blacklist successfully transported 5 million barrels of oil out of the Gulf.

Kim Jong Un and his daughter sit in North Korea's new tank for military exercises

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North Korean President Kim Jong Un shows off new tanks in a large-scale exercise, emphasizing combat and modern defense capabilities.

US reveals the fate of 140 million barrels of Iranian oil adrift at sea

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US Treasury Secretary Scott Bessent revealed plans to lift temporary sanctions on 140 million barrels of Iranian oil stuck at sea to cool down energy prices.

Mr. Trump recalls Pearl Harbor event in talks with Japanese Prime Minister

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In a meeting at the White House, Mr. Trump frankly shared the reasons why the US keeps its military plan in Iran secret from partner countries.

EU avoids being deeply drawn into direct confrontation in Iranian conflict

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The European Union (EU) summit has just concluded without making any military support commitments for the military campaign in Iran.

Russia announces the time to send nuclear power plant to the Moon

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The nuclear power plant with a capacity of at least 5kW and a lifespan of up to 10 years will be put on the Moon by Russia in the mid-2030s.

Russian gas pipeline in the Black Sea attacked by UAVs continuously

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Russian gas pipeline to Turkey attacked by drone.

Trump asks Israel to stop attacking Iranian energy sources

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Escalating conflict shakes the energy market, Trump seeks to limit attacks on Iran's oil and gas infrastructure.

Hungary opens new gas route, joins hands with neighbors to build 115km pipeline

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Hungary will build a gas pipeline with Slovenia to import gas from Italy.

Happy workers in Indonesia

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A new survey shows that Indonesia ranks first in Asia-Pacific in terms of work happiness. But behind that 82% figure is not only the simple joy in the office, but also the story of how workers find joy in very small things and learn to live with pressure.

Saudi Arabia avoids Hormuz, saves half of global oil exports

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Saudi Arabia unexpectedly recovers more than half of oil exports despite the almost paralyzed Hormuz Strait.