China, Pakistan and Bangladesh in talks to form new South Asian bloc
China, Pakistan and Bangladesh are in advanced talks to establish a new regional cooperation framework that could serve as an alternative to the South...
An oil tanker carrying one million barrels of crude oil exploded near the Libyan coast, Bloomberg reported on 30 June.
The explosion occurred on Friday in the engine room of the Vilamoura, a Marshall Islands-flagged tanker, approximately 90 nautical miles (165 kilometres) off the Libyan coast, the operator TMS Tankers confirmed.
In a statement, the company said: “There were no injuries and no pollution.”
The blast flooded the engine room, leaving the vessel disabled.
The vessel, Vilamoura, had previously called at Russian ports, including Ust-Luga and the Caspian Pipeline Consortium terminal near Novorossiysk, to load Kazakh oil.
The Vilamoura had departed from the Libyan port of Zueitina and was en route to the British territory of Gibraltar across the Mediterranean when the incident took place.
According to Bloomberg, the company operating Vilamoura said the ship is currently being towed to Greece, where experts will assess the damage. The cause of the explosion remains unknown. No injuries or environmental pollution have been reported.
This incident is part of a worrying pattern. Bloomberg cites maritime risk consultancy Vanguard Tech as saying that since the start of 2025, four other vessels which had visited Russian ports have suffered unexplained explosions.
Shipowners are now deploying divers and submersibles to inspect hulls for possible underwater mines or sabotage devices.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
The International Monetary Fund (IMF) on Monday approved the disbursement of an additional $500 million to Ukraine, following the completion of its eighth review under the country’s $15.5 billion Extended Fund Facility.
U.S. President Donald Trump on Monday publicly criticized AT&T for technical issues that disrupted a national conference call with faith leaders, urging the company’s leadership to address the situation and suggesting his administration may turn to a different carrier in future communications.
France, Spain, Kenya, and several other nations announced on Monday a joint pledge to tax premium-class airline passengers and private jet users, in a move aimed at raising billions of dollars for climate action and sustainable development.
Special envoys from Pakistan, China and Russia held an informal meeting in the Qatari capital on Monday to discuss regional cooperation on Afghanistan, Pakistani envoy Mohammad Sadiq confirmed in a post on X.
Türkiye’s leading drone manufacturer Baykar has completed its acquisition of historic Italian aviation firm Piaggio Aerospace, paving the way for a European production base for its unmanned aerial vehicles and civil jets.
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