Oil Prices Surge Amid U.S.-Iran Tensions and Supply Cuts

Escalating tensions in the U.S.-Iran conflict and supply chain disruptions are significantly impacting global oil prices.…

Kazakh President Urges Putin to Freeze Ukraine Conflict

Kazakhstan's President Kassym-Jomart Tokayev called for a freeze of the ongoing war in Ukraine during a…

Iran-Oman Talks Progress Amid US Strike Pause on Iran

Iran and Oman have made significant progress in negotiations aimed at reopening the Strait of Hormuz,…

Trump Halts Major Iran Military Escalation Amid Concerns

U.S. President Donald Trump has decided to pause plans for a significant escalation of military operations…

US and UK Plan Coalition Amid Ongoing Hormuz Tensions

The United States and the United Kingdom are reportedly planning to convene a high-level conference next…

China fines Trip.com $765 million for market dominance abuse

Chinese regulators imposed a fine of 5.18 billion yuan (US$765 million) on Trip.com Group for abusing…

Fed Rate Hike Bets Rise as Iran Conflict Escalates

Federal Reserve interest rate hike expectations increased this week as tensions in the Iran conflict escalated,…

ASEAN and China Seek Energy Cooperation Amid Middle East

Southeast Asian nations are pushing for closer energy cooperation with China as tensions in the Middle…

Philippines Accuses China of Water Cannon Attack on Vessels

The Philippine Coast Guard (PCG) accused the China Coast Guard of firing water cannons at its…

India’s Fuel Exports to Reach 1.55 Million bpd in July

India is set to export approximately 1.55 million barrels per day (bpd) of refined petroleum products…