Trump announces 25% tariffs on Japanese and South Korean goods
US President Donald Trump has declared a 25% tariff on imports from Japan and South Korea starting August 1, urging both nations to shift production t...
Israel launched a strike on Saturday targeting Iran’s energy sector for the first time in its current military campaign, hitting installations at the South Pars gas field, a major fuel depot in Tehran, and a nearby oil refinery.
The attack marked a significant escalation in Israel’s efforts to curtail Iran’s nuclear and military capabilities, as Tehran partially suspended gas production from one of the world’s most strategic natural gas reserves.
Below is an overview of Iran’s oil and gas infrastructure, key export data, and the broader impact of international sanctions on its energy industry.
South Pars: The heart of Iran’s gas production
Oil production and refining capacity
Main export routes and infrastructure
Sanctions and resilience
China’s role in sustaining exports
Market impact and OPEC dynamics
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
Following a deadly glacier collapse in Blatten, near the Swiss Alpine village of Kandersteg, the town is on high alert as melting permafrost and shifting rock threaten another potential disaster after it was buried a month ago.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
Russian politician Roman Starovoit, who was dismissed from his post as the country’s transport minister by President Vladimir Putin on Monday morning, has been found dead in the Moscow region.
President of the Kyrgyz Republic Sadyr Zhaparov will pay a state visit to Dushanbe, Tajikistan on Tuesday, 8th July.
The Association of Football Federations of Azerbaijan (AFFA) has announced that Azerbaijan and Uzbekistan have officially submitted a joint bid to host the FIFA U-20 World Cup in 2027.
The United Nations Refugee Agency (UNHCR) calls on the international community to urgently increase funding to protect more than 1.4 million people who have returned or been forced to return to Afghanistan so far this year, including more than 1 million from Iran.
Israeli Prime Minister Benjamin Netanyahu is set to meet U.S. President Donald Trump in Washington on Monday to discuss a possible Gaza ceasefire and broader regional issues, including Iran.
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