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...
A senior U.S. official said on Thursday that Ukraine’s NATO membership and a return to its pre-2014 borders remain possible, contradicting earlier remarks from the U.S. defense secretary ahead of potential peace talks.
John Coale, President Donald Trump’s deputy Ukraine envoy, stated that nothing has been ruled out regarding Ukraine’s future in NATO and its territorial claims. His comments came a day after U.S. Defense Secretary Pete Hegseth said Kyiv joining NATO was not a viable outcome.
The conflicting messages emerge as Trump pushes for negotiations to end the war. While Hegseth later softened his stance, saying “everything is on the table,” European officials expressed concerns over perceived U.S. concessions to Russia.
Coale noted that formal talks have not begun and that Washington is coordinating with Europe. Meanwhile, Trump’s Middle East envoy, Steve Witkoff, is now involved in negotiations with Russia, signaling a shift in the U.S. diplomatic approach.
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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