Location · 70 stories from 178 outlets in the last 7 days · 2,265 published stories all time · All places
AI summaryKremlin spokesman Dmitry Peskov warned that Ukrainian attacks on Russian energy infrastructure, particularly oil depots, could lead to a further rise in global oil prices. He also commented on reports of Western requests for Ukraine to cease such strikes, noting oil prices have already reached $120 per barrel.
AI summaryThe UK government has relaxed slot rules to allow airlines to cancel or consolidate flights to conserve jet fuel, following concerns over supply disruptions from the Middle East. While officials say there is no current shortage, measures are in place to minimize disruption and protect passengers' rights.
AI summaryAfrica's largest oil refinery, built by Aliko Dangote in Nigeria, has emerged as a key fuel supplier for the continent. The $20 billion project, constructed with Chinese engineering support, overcame entrenched interests and now plans to double its capacity.
AI summaryUS President Donald Trump says he will review Iran's new peace proposal but doubts it will be acceptable, as Israeli airstrikes kill civilians in Lebanon and tensions remain high over the Strait of Hormuz. Iran's deputy foreign minister says the ball is in Washington's court, ready for talks or war.
AI summaryAccording to Axios and a Pakistani source cited by Reuters, the United States and Iran are close to signing a one-page memorandum to end their armed conflict, potentially including a 15-year moratorium on uranium enrichment and the transfer of Iran's highly enriched uranium stockpile abroad. The report indicates that talks on the nuclear program would follow a separate 30-day negotiation period, with key details still pending.
AI summaryMiddle Eastern governments are reviving proposals for overland pipelines and new rail-sea corridors as wartime disruptions threaten the Strait of Hormuz and Red Sea. Led by Saudi Arabia, Turkey, and the UAE, these efforts aim to link the Indian Ocean to the Mediterranean, with Syria positioning itself as a potential energy hub.
AI summaryA senior Iranian military officer said renewed conflict with the United States is likely, hours after President Trump expressed dissatisfaction with Tehran's latest negotiating proposal. The war has been on hold since April 8, with one failed round of talks in Pakistan, while tensions remain high over nuclear issues and regional hostilities.
AI summarySpirit Airlines has shut down after failing to secure a $500m bailout from the Trump administration, citing rising fuel costs from the US-Israeli war on Iran as a key factor. The collapse left about 17,000 employees jobless and thousands of passengers stranded, with refunds partially processed and other airlines stepping in to help.
AI summaryIraq has resumed sending oil tanker convoys through the Rabia–Yarubiyah border crossing into Syria, with the first batch of 70 trucks transporting crude to Baniyas port for shipment to Europe. The route offers a costly but crucial alternative as the Strait of Hormuz remains effectively blocked amid regional tensions, according to multiple reports.
AI summaryAmid the ongoing US-Israel conflict, Iran has intensified its crackdown on dissent, executing at least 21 people and arresting over 4,000 on national security charges since February, according to UN human rights chief Volker Türk. Reports also detail a sharp rise in executions in 2025 and the imprisonment of Nobel laureate Narges Mohammadi, while exiled opposition figures like Reza Pahlavi seek to rally international attention.
AI summaryUS President Donald Trump described US Navy operations seizing Iranian oil tankers as 'like pirates,' calling it 'a very profitable business.' Iran's UN envoy accused Washington of 'state piracy,' and Tehran's military adviser warned of consequences. The US maintains a blockade of Iranian ports, while Iran has blocked the Strait of Hormuz.
AI summaryJapanese Prime Minister Sanae Takaichi visited Hanoi, signing six agreements with Vietnam focused on energy, critical minerals, and technology. Takaichi pledged $10 billion for energy security and set a target of $5 billion in annual investment, as both nations seek to diversify supply chains amid regional tensions.
AI summaryIran's president says the US naval blockade is 'doomed to fail' while the US military calls it 'highly effective.' Reports indicate Iran has lost nearly $5 billion in oil revenue, with over 40 vessels redirected and 31 tankers stuck. Oil prices remain volatile, hovering around $110 per barrel.
AI summaryPakistan's consumer inflation climbed to nearly 11% year-on-year in April, the first double-digit reading in 21 months, driven by sharp increases in transport and perishable food prices amid rising energy costs. Analysts warn that inflation could exceed 11% if oil prices remain elevated, while the central bank has raised its policy rate to 11.50%.
AI summaryAmid conflicting signals from the Trump administration about the end of military operations in the Middle East, US President Donald Trump has rejected Iran's latest peace proposal. Meanwhile, Australia announced a $10 billion fuel security package as the economic impact of the war continues to be felt.
AI summaryPresident Trump formally notified Congress that hostilities with Iran have terminated due to a ceasefire, arguing he does not need congressional authorization. The move comes as the 60-day War Powers Resolution deadline passed, with the administration rejecting the law as unconstitutional and facing criticism from Democrats.
AI summaryThe Trump administration is ratcheting up pressure on Iran through a naval blockade and a new UN Security Council resolution, seeking to cut off oil revenue and force concessions. Naval traffic in the Strait of Hormuz has plummeted by over 95%, while Iranian officials warn of sharp production declines. The two sides remain at a ceasefire, but the path to a negotiated settlement remains uncertain.
AI summaryU.S. President Donald Trump has expressed dissatisfaction with Iran's latest proposal to end the two-month war, rejecting it as 'totally unacceptable' and warning the ceasefire is on 'massive life support.' The proposal, which reportedly defers nuclear talks until after the conflict ends, has failed to meet U.S. demands, according to officials and reports.
AI summaryKenya has approved a six-month waiver on fuel sulphur limits to ensure continued supply amid global disruptions tied to Middle East tensions and the closure of the Strait of Hormuz. The move follows requests from the energy ministry and industry players, with reviews planned if conditions improve.
AI summaryThe CEO of Yara International, the world's largest fertiliser company, warns that the war in Iran could lead to a global fertiliser shortage, reducing crop yields by up to 50% and costing 10 billion meals a week globally, with the poorest countries in Africa and Asia hit hardest. The UK is unlikely to face shortages but may see higher food prices.