World
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.
Russia clarifies the motive for the Nord Stream sabotage
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Russia says the Nord Stream sabotage is to sever the mutually beneficial energy relationship between Russia and Europe.
Vietnam is forecast to achieve economic growth miracle, a bright spot in the gray picture
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The IMF assessed Vietnam as a bright spot in the "gray picture" with a "mitigating" growth rate this year forecast to reach 7%.
Decoding the latest move of Russian President Putin on Ukraine
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Russian President Vladimir Putin publicly confirmed the evacuation of civilians from areas in Kherson province, southern Ukraine on November 4.
EU, Germany seem to be on fire over gas
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The energy crisis in the EU could last until 2024, as gas reserves run out - IEA and Germany warned.
Chinese veteran archaeologist visits the tomb of the late Qin Shi Huang
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Xing Shibang, a pioneering Chinese archaeologist, publicly excavated the mausoleum of Qin Shi Huang, who passed away at the age of 99.
In response to the news that Russia may withdraw from Kherson, Ukraine is skeptical and cautious
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There are signs that Russia seems to be retreating from Kherson, southern Ukraine, but Kiev suspects that this is a Moscow trap already set up in the city.
Why is Russia determined not to lose Kherson?
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In Kherson, soldiers preparing for a major battle could become the largest in the Russia-Ukraine conflict.
Mr. Trump hinted at re-electing US president in 2024
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After the midterm election, former President Donald Trump may make a decision on whether to re-elect in 2024 or not.
Sakhalin-1 oil and gas project issues first shipment after Russia takes over
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Sakhalin-1 oil exports are rising rapidly after Russia took control of the giant project from Exxon Mobil.
A giant piece of broken rockets fell freely on Earth today
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The 23-ton Chinese missile fragment is expected to make landfall on November 4, but no one knows exactly when and where it will land.
Russia becomes the largest gas supplier to the EU
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Norway and the US have become the first and second largest gas suppliers to the EU, respectively.
The world is buying gold at the most intense rate in 55 years
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Central banks around the world are buying gold at a "too fast, too dangerous" pace compared to the last fierce time 55 years ago when the USD was still supported by gold.
The world has no way to get rid of dependence on Russian gas
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The world's efforts to escape dependence on Russian gas seem to be at a standstill as Russian exports continue to increase.
How does China internationalise the yuan?
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Promoting the localization of the yuan has been on China's agenda for many years.
The new EU's bilateral situation on gas
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The EU is facing a new dividend in gas as many companies are losing money and only 10% of Europe's gas reserves are considered national reserves.
