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Egypt’s President Abdel Fattah al-Sisi on Monday urged U.S. President Donald Trump to intervene in the escalating Gulf conflict, warning that...
China has raised the retail prices of petrol and diesel after global oil prices climbed sharply. The country’s top economic planning body, the National Development and Reform Commission (NDRC), announced the move after reviewing international oil market trends.
Under the latest adjustment, petrol prices will increase by about 695 yuan (approximately $100) per metric tonne, while diesel prices will rise by around 670 yuan per tonne. The new prices have already taken effect across the country. China operates a pricing system that adjusts fuel prices when global crude oil prices rise or fall significantly over a certain period.
Officials said the increase mainly reflects higher international oil prices in recent weeks. Global energy markets have been affected by geopolitical tensions and supply concerns, pushing crude oil prices higher. Because China is one of the world’s largest buyers of oil, changes in global prices often lead to adjustments at home.
Although the price increase is largely linked to global market changes, it comes at a time when China is also trying to reduce its reliance on fossil fuels over the long term. The government has been encouraging cleaner and more efficient forms of transport as part of its economic and environmental plans.
During the 2026–2030 period under the country’s 15th Five-Year Plan, China plans to promote smarter and greener transport systems. This includes expanding electric vehicles, building more charging stations and using digital technologies to make transport networks more efficient.
China is already the world’s largest market for electric vehicles, with companies such as BYD and Tesla selling millions of electric cars each year in the country. The government hopes that improving charging networks and transport technology will make it easier for people to switch from petrol-powered vehicles to cleaner alternatives.
In the long term, the push for smart and green transport forms part of China’s broader plan to cut pollution and reduce carbon emissions. While petrol and diesel will still be widely used for years to come, the government is gradually guiding the transport sector towards cleaner energy and more advanced technology.
U.S. President Donald Trump has said that the U.S is in talks with the new Iranian regime. He said this in a post on his Truth Social account but warned that the U.S. will "Obliterate" Iran's electric and oil facilities if no deal is reached, especially regarding the Strait of Hormuz closure.
Cuba and the United States have been at odds for more than six decades, with tensions rooted in the 1959 revolution that transformed the island’s political and economic system. Renewed focus on relations comes as Donald Trump’s rhetoric intensifies and conditions on the island worsen.
NASA is aiming to launch its Artemis 2 mission on Wednesday (1 April), sending astronauts on a 10-day journey around the Moon, officials confirmed. According to the Space Administration, the launch window is due to open at 23:24 GMT, with additional opportunities to 6 April if delays occur.
The four astronauts selected for NASA’s Artemis II mission have arrived in Florida, entering the final phase of preparations for the first crewed journey towards the Moon in more than five decades
Iranian Military Spokesman Lieutenant Colonel Ibrahim Zulfiqari has warned that American soldiers will become 'food for sharks' if U.S. President Donald Trump launches ground attacks against Iran. The threat comes after the U.S. military said it was deploying thousands of Marines to the region.
Stock markets across Asia fell on Monday as escalating conflict involving Iran drove oil prices sharply higher, fuelling fears of inflation and a potential global recession, with investors reacting to disruption risks in the Strait of Hormuz and prolonged hostilities.
World Trade Organization (WTO) talks broke up with no agreement on Monday on a plan for reform or even on extending a moratorium on e-commerce, piling more pressure on the trade body that finds itself increasingly sidelined by economic nationalism.
Petrol price spikes triggered by the war in Iran are boosting used electric vehicle sales across Europe, online car platforms told Reuters, in an early sign that pain at the pump is pushing consumers away from combustion engines.
Meta Platforms is increasing compensation for top executives, including its first-ever offer of stock options, as it tries to fend off competition in the artificial intelligence (AI) race and incentivize leaders to stay with the company for several years.
The French government’s bid to suspend the marketplace of Chinese online retailer Shein in the country has been overruled by a Paris Court of Appeal.
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