$500 million oil bets placed minutes before Trump delays Iran strikes, prices plunge
Traders placed more than $500 million in oil bets minutes before Donald Trump announced a delay to planned strikes on Iran, ...
Global temperatures in 2024 exceeded the crucial 1.5°C threshold above pre-industrial levels for the first time, marking a serious warning for the world’s climate goals under the Paris Agreement, scientists said.
The World Meteorological Organization confirmed that average global temperatures in 2024 exceeded 1.5°C above pre-industrial levels after analyzing data from the U.S., U.K., Japan, and EU researchers. This milestone highlights the accelerating impact of climate change as extreme weather events worsen worldwide.
Scientists warn human-driven climate change is increasing the frequency and severity of extreme events, which will worsen without major fossil fuel cuts.
Heatwaves are becoming hotter and more common globally. What was once a rare event now occurs nearly three times as often and is on average 1.2°C warmer.
Last year, severe droughts affected Italy and South America, while floods devastated regions in Nepal, Sudan, and Europe.
Heatwaves in Mexico, Mali, and Saudi Arabia claimed thousands of lives, and powerful cyclones struck the U.S. and the Philippines.
Wildfires have also intensified, with the blazes in Los Angeles in January destroying thousands of structures. Scientists said that hot, dry conditions fuelled by climate change dry out vegetation, making fires easier to ignite and spread.
Storms and heavy rainfall are worsening as a warmer atmosphere holds more moisture. In 2024, there were record levels of atmospheric water vapor and it became one of the wettest years on record in the U.S.
The Philippines experienced an unprecedented six typhoons within a month, marking a record Pacific storm season.
Scientists agree that without significant greenhouse gas reductions, extreme heat, wildfires, floods, and droughts will continue to worsen.
The pilot and co-pilot of an Air Canada Express regional jet were killed after it collided with a fire truck while landing at New York's LaGuardia airport late on Sunday, in an incident that closed the airport, authorities and U.S. media said.
Trump says U.S. found “major points of agreement” with Iran and has paused strikes on Iranian power plants, but Tehran denies any direct talks or negotiations, contradicting U.S. claims - latest on Middle East conflict.
Pakistan has offered to host talks between the U.S. and Iran to bring an end to the conflict, while Lebanon has ordered the Iranian Ambassador to leave the country. Meanwhile, oil prices continue rising as the fallout from the Middle East conflict continues.
Violent clashes broke out between police and opposition protesters in Tirana on Sunday (22 March) as demonstrators were demanding the resignation of the Albanian government following corruption allegations against the deputy prime minister.
FinaFinal results from Slovenia’s parliamentary elections indicate a near tie between the Slovenian Democratic Party (SDS) and the liberal Freedom Movement Slovenia (GS), leaving neither side with a clear path to power.
The death toll from heavy rains and flooding in Brazil’s Minas Gerais state has risen to 46, authorities said, with 21 people still reported missing. The storms triggered landslides and widespread flooding, displacing thousands across Juiz de Fora and Uba.
The administration of U.S. President Donald Trump on Thursday (12 February) announced the repeal of a scientific finding that greenhouse gas emissions endanger human health, and eliminated federal tailpipe emissions standards for cars and trucks.
Tropical Cyclone Gezani has killed at least 31 people and left four others missing after tearing through eastern Madagascar, the government said on Wednesday, with the island nation’s second-largest city bearing the brunt of the destruction.
Rivers and reservoirs across Spain and Portugal were on the verge of overflowing on Wednesday as a new weather front pounded the Iberian peninsula, compounding damage from last week's Storm Kristin.
Morocco has evacuated more than 100,000 people from four provinces after heavy rainfall triggered flash floods across several northern regions, the Interior Ministry said on Wednesday.
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