World
US-Iran 14-point agreement reveals $300 billion reconstruction package and nuclear commitment
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The US-Iran agreement consists of 14 points, called a memorandum, stating that Iran will never possess nuclear weapons.
Finland passes bill supporting complete abolition of nuclear weapons ban
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Finnish lawmakers voted 125 to 61 on June 17, local time, to lift the ban on nuclear weapons.
IEA forecasts large global oil surplus in 2027
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The International Energy Agency (IEA) believes that the oil market may have significant oversupply in the coming year.
US reveals remarkable concessions on Iran's uranium
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The US announced the full text of the agreement with Iran, which includes many noteworthy clauses on the nuclear program, frozen assets and operations in the Strait of Hormuz.
US and Iran sign peace agreement sooner than expected
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The US and Iran have remotely signed a memorandum of understanding on ending the conflict and reopening the Strait of Hormuz. The agreement is now in effect.
Russia keeps gas prices low for a European country amid supply shortages
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Russia agreed to extend the gas supply contract to Serbia at a low price, according to Serbian President Aleksandar Vucic.
The Hormuz Strait being closed for another month could push oil prices to the $150/barrel mark
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The world is facing the risk of crude oil prices soaring to the threshold of 150 USD/barrel if the maritime route in the Strait of Hormuz is not soon cleared.
Arab countries face the risk of having to fund billions of USD in war expenses for the US military
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The US government is planning to ask Arab countries to share the financial burden for the military campaign targeting Iran.
EU oil and gas has lifebuoys: African super refinery gets involved
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A "new player" from Africa - the super oil refinery Dangote - suddenly emerged as a "cooling down" option for the EU on oil and gas.
Diesel tankers simultaneously change direction, warning of shortages in Europe
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Oil tankers that once transported diesel to Europe have changed direction right at sea, in the context of the Iranian conflict pushing prices up and increasing supply competition.
Iran faces new risks after rejection of US peace proposal
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The US peace proposal was rejected by Iran, tensions escalated as Washington continued to increase regional military pressure.
France convicts captain of Russian oil tanker
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French court convicts Chinese captain of Russian oil tanker.
Oil tanker hit by mysterious artillery shell, burning fiercely off the coast of UAE
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A tanker has just been attacked by artillery shells and caught fire fiercely off the coast of Dubai amidst the tightening of the Middle East's vital maritime route.
Russia announces control of 2 more settlements in Ukraine
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Russian forces have taken control of the two settlements of Novoosinovo in Kharkov and Lugovskoye in Zaporizhzhia in the past 24 hours.
North American expansion strategy and increasing US influence in the Middle East
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The expanded North American strategy announced by the US is receiving much attention and multi-dimensional discussion from experts.
Hormuz suffocated: Why Iran holds the upper hand amidst oil tensions
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Mines, UAVs, missiles and treacherous terrain are turning the Strait of Hormuz into a closed "damage zone", in which Iran still holds the upper hand.
Ukrainian allies urge to stop oil attacks on Russia
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The Ukrainian President revealed that many allied countries are constantly urging Kiev to reduce attacks targeting Moscow's energy system.
Iran announces shocking plan on the Strait of Hormuz
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Amidst the storm of Middle East conflict, Iran announced a plan to collect tolls through the Strait of Hormuz - the world's most important oil transport route.
US deploys thousands of paratroopers to the Middle East
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The US move to increase troops in the Middle East increases concerns about the possibility of expanding the war.
US signals end to Iran war, ignores Hormuz problem
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The US has just issued a surprise signal: Hormuz is no longer a mandatory condition to declare the end of the Iran war.
