IEA: Oil market tighter than it seems despite forecast surplus
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising ref...
Philippine President Marcos plans to meet U.S. President Trump to discuss immigration and the Typhon missile system, amid ongoing tensions with China over the South China Sea.
Philippine President Ferdinand Marcos Jr. announced plans to meet with U.S. President Donald Trump to discuss issues, including immigration, which he believes could affect many Filipinos in the U.S. While no date was given, Marcos aimed to influence U.S. immigration policy.
Marcos also addressed the U.S. Typhon missile system, deployed in the Philippines as part of military exercises. He stated he would return it to the U.S. if China ceased its "aggressive and coercive" behaviour in the South China Sea, including territorial claims and harassment of Filipino fishermen.
Tensions between the Philippines and China have escalated due to territorial disputes. The Chinese embassy in Manila has not commented on Marcos' remarks.
The Typhon missile system, deployed in April 2024, remains in the Philippines, with launchers recently relocated to an undisclosed location.
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.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
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