World

The Hormuz Strait being closed for another month could push oil prices to the $150/barrel mark

|

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

|

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

|

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

|

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

|

The US peace proposal was rejected by Iran, tensions escalated as Washington continued to increase regional military pressure.

The assets of the former Korean First Lady before being sentenced to prison

|

The assets of the former Korean First Lady announced in court show that she owns more than 90% of the total family assets.

Russia loses strategic oil depot in Penza after UAV attack

|

The Russian oil field in Penza was confirmed to have been heavily destroyed after the UAV attack, with at least one fuel tank completely collapsed.

President Trump declares the US has solved a major problem in Syria

|

Mr. Trump has just affirmed that the US has successfully resolved a difficult issue in Syria right after a phone call with the country's leaders.

US removes Russian oil tanker captain from UK

|

The captain of the Russian oil tanker was taken out of England by the US just before the court intervened, despite the harsh accusations of "kidnapping" from lawyers.

Russia solves differential equations once considered impossible

|

A Russian mathematician has just successfully decoded the "impossible" differential equation for 190 years, opening up a major turning point for physics and economics.

US faces controversy over World Cup 2026 hosting rights

|

International observers are questioning the level of suitability of the US in the role of host of the 2026 World Cup in the face of domestic political instability.

Ukraine may have to live on generators for many years

|

The serious power shortage will force Ukrainians to live dependent on generators for at least the next 3 to 5 years.

Plane crash kills famous Indian politician

|

Plane carrying Deputy Prime Minister of Maharashtra, India crashes in Baramati constituency.

Former First Lady Kim Keon Hee sentenced to 20 months in prison

|

South Korean court sentences former First Lady Kim Keon Hee to 20 months in prison after ruling she committed the crime of receiving luxury gifts from the United Church.

Foreign affairs and international integration enhance Vietnam's position

|

The 14th National Congress of the Communist Party of Vietnam (Congress XIV) is assessed by the international community as an important strategic milestone in Vietnam's new development orientation, in which foreign affairs and international integration are established as key and regular tasks to enhance the country's position.

Venezuelan oil pipeline to be opened, US changes sanctions strategy

|

The US administration is preparing to issue a joint license to partially ease sanctions on Venezuelan oil.

Europe will have the world's largest energy center in the North Sea

|

European countries bordering the North Sea have agreed to invest on a large scale to expand offshore wind power production.

Gold price exceeds 5,200 USD, Chinese corporation spends 1 billion USD to acquire gold

|

Amidst gold prices continuously setting new records, a Chinese corporation spent nearly 1 billion USD to acquire 3 strategic gold mines in Brazil.

China is about to open a $10 billion canal connecting the mainland to Southeast Asia

|

The Pinglu Canal connecting China's interior with the Gulf of Tonkin and Southeast Asia is entering the completion phase after 4 years of construction.

The second-longest severe cold in 150 years forecast to affect February

|

Severe cold is forecast to last until Groundhog Day February 2nd and is one of the most severe cold spells in the US since the late 19th century.