SpaceX launches 50th Dragon spacecraft to ISS on resupply mission for NASA
SpaceX launched its 50th Dragon spacecraft mission to the International Space Station (ISS) on Sunday, delivering 5,000 lbs of supplies and scientific...
OPEC+ has agreed to raise oil production by 548,000 barrels per day in August, accelerating output increases amid geopolitical tensions and pressure from U.S. President Donald Trump to help ease fuel prices.
At its latest meeting on Saturday, OPEC+ announced it will raise oil production by 548,000 barrels per day (bpd) starting in August. This marks a significant acceleration in monthly output hikes, following increases of 411,000 bpd approved for May through July.
The decision comes after a period of volatile oil prices triggered by Israeli and U.S. strikes on Iran. OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies led by Russia, had been cutting production since 2022 to support global oil prices. But in 2025, the group shifted strategy to reclaim market share amid rising output from rival producers such as the United States.
The upcoming increase will come from eight members: Saudi Arabia, Russia, the UAE, Kuwait, Oman, Iraq, Kazakhstan, and Algeria — the same group that began unwinding 2.2 million bpd in voluntary cuts starting in April.
OPEC+ cited a stable global economic outlook and tight oil inventories as justification for the production boost. The group has now restored 1.918 million bpd of its initial 2.2 million bpd reduction, with just 280,000 bpd remaining. Additionally, the UAE has been allowed to increase production by 300,000 bpd separately.
Tensions have emerged within the group after some members, including Kazakhstan and Iraq, exceeded production targets, raising concerns among those maintaining cuts. Kazakhstan, in particular, returned to record-level output last month.
Despite this increase, OPEC+ still maintains a separate set of cuts amounting to 3.66 million bpd. The coalition will reconvene on August 3 to assess further action.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
Honduras has brought back mask mandates as COVID-19 cases and a new variant surge nationwide.
SpaceX launched its 50th Dragon spacecraft mission to the International Space Station (ISS) on Sunday, delivering 5,000 lbs of supplies and scientific experiments. The CRS-33 mission also supports critical research for future human space exploration.
Ursula von der Leyen has defended the EU-U.S. tariff agreement, calling it a "conscious decision" that prevented a trade war, while responding to Mario Draghi's criticism of the EU's influence in global trade.
Typhoon Kajiki, the 13th of the year, intensified as it struck Hainan's coastal city of Sanya on Sunday, bringing heavy rain, powerful winds, and heightened risks of flash floods and geological disasters. Authorities have activated emergency measures to ensure safety and prevent damage.
Iran's Supreme Leader, Ali Khamenei, rejected U.S. negotiations and criticized Israel in a speech on August 24, 2025, emphasizing that Iran would not bow to foreign demands and reaffirming the nation's stance on sovereignty and resistance.
On Sunday, August 24, 2025, Russia and Ukraine conducted a significant prisoner exchange, each releasing 146 prisoners of war, facilitated by mediation from the United Arab Emirates. This swap is part of ongoing humanitarian efforts amid the prolonged conflict between the two nations.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment