Global oil prices surged on Sunday as the Israel-Iran conflict continued to rattle markets, with Brent crude rising 3.9% to $80 per barrel and U.S. crude climbing 4.3% to $77 per barrel.
The ongoing tensions have caused sharp fluctuations in oil prices over the past week, fueling volatility in the U.S. stock market. Futures for the S&P 500 fell 0.6% on Sunday, and treasury yields dipped slightly amid investor concerns.
The Strait of Hormuz, a critical chokepoint for global crude supply, has become a focal point due to Iran's position as a major oil producer and its proximity to the waterway. Fears of disruptions to crude flow have driven markets to react strongly to developments in the conflict.
Analysts warn that further escalation in the Middle East could significantly impact global energy supplies and financial markets.
President Volodymyr Zelenskyy has claimed that Russian forces are suffering battlefield losses nearly three times higher than those of Ukraine, even a...
French President Emmanuel Macron has formally acknowledged that France waged a war in Cameroon during the country’s struggle for independence - mark...
President Ilham Aliyev has signed an order allocating funds from Azerbaijan’s 2025 state budget to support humanitarian aid for Ukraine....
Ukrainian President Volodymyr Zelenskyy met German Chancellor Friedrich Merz in Berlin on Wednesday before joining a German-hosted virtual conference ...
Starlink has officially started operations in Kazakhstan, making satellite internet available to the public for the first time. Citizens can now legal...
President Volodymyr Zelenskyy has claimed that Russian forces are suffering battlefield losses nearly three times higher than those of Ukraine, even as Moscow maintains a significant numerical advantage in manpower and artillery.
French President Emmanuel Macron has formally acknowledged that France waged a war in Cameroon during the country’s struggle for independence - marking the first time Paris has used the term “war” for its actions in that period.
President Ilham Aliyev has signed an order allocating funds from Azerbaijan’s 2025 state budget to support humanitarian aid for Ukraine.
Ukrainian President Volodymyr Zelenskyy met German Chancellor Friedrich Merz in Berlin on Wednesday before joining a German-hosted virtual conference with U.S. President Donald Trump, NATO and European leaders, two days ahead of Trump’s first meeting with Russian President Vladimir Putin since 2021.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
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.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
President Volodymyr Zelenskyy has claimed that Russian forces are suffering battlefield losses nearly three times higher than those of Ukraine, even as Moscow maintains a significant numerical advantage in manpower and artillery.
Ukrainian President Volodymyr Zelenskyy met German Chancellor Friedrich Merz in Berlin on Wednesday before joining a German-hosted virtual conference with U.S. President Donald Trump, NATO and European leaders, two days ahead of Trump’s first meeting with Russian President Vladimir Putin since 2021.
Starlink has officially started operations in Kazakhstan, making satellite internet available to the public for the first time. Citizens can now legally purchase, use, and register Starlink terminals in line with national regulations.
One of the world’s leading companies in the ski industry, Pas Grau International Management from Andorra, is coming to Kazakhstan. The company has registered a subsidiary in the Astana International Financial Centre as part of a large project to build a resort in the Kok Zhailau area.
Firefighters are tackling multiple wildfires across Greece, with blazes threatening towns near western city of Patras and on the islands of Chios and Zakynthos, forcing thousands of residents and tourists to evacuate from their homes.
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