The UK government has nationalized British Steel, citing the need to secure jobs and maintain steel…
Day: July 16, 2026
Iran Directs Houthis to Prepare for Red Sea Shipping Attacks
Iran has instructed Yemen's Houthi movement to prepare for potential attacks on shipping in the Red…
Iraq’s Khor Mor Gas Field Shut Amid Security Threats
Dana Gas has halted operations at the Khor Mor gas field in Iraq due to credible…
India’s Refined Oil Exports Surge to 1.4 Million BPD in July
India is poised to export approximately 1.4 million barrels per day (bpd) of refined oil products…
US approves nearly $2bn arms sale to Saudi Arabia
The U.S. Department of State has approved a potential $1.96 billion weapons sale to Saudi Arabia,…
Somalia’s Curad-1 Well Drilling Could Uncover Oil Reserves
Somalia's offshore oil exploration is gaining attention as the Curad-1 well drilling commenced this week. The…
Armenia’s Election Strengthens Trade Routes, Weakens Russia
Armenia's parliamentary election results in June have significantly weakened Russia's influence in the South Caucasus, according…
EU Aims to Double Electrification Rate by 2040 Amid Crisis
The European Union has announced the Electrification Action Plan, targeting a rise in electricity's share of…
Matson Projects Strong Q2 Earnings Amid Shipping Demand
Matson Inc. (NYSE: MATX) reported preliminary second-quarter 2026 earnings that exceeded market expectations, driven by robust…
Aurum PropTech acquires Housing.com in Rs 458 crore deal
Aurum PropTech announced the acquisition of Housing.com in a share-swap deal valued at Rs 458 crore.…