Zelensky Warns Ukraine Talks Can’t Wait for Iran War to End Ukrainian President Volodymyr Zelensky has urged that peace negotiations over his country’s war with Russia must not be delayed until a U.S. involvement in conflict with Iran ends. In a recent interview, he stressed this urgency, noting that Ukraine faces ongoing tragedy. He called … Read more
US Waives Iran Oil Sanctions to Ease Price Surge The Trump administration has temporarily waived sanctions on certain Iranian oil shipments for 30 days. It happened with the aim to the ease soaring global energy prices that were triggered by the ongoing US-Israeli conflict with Iran. The decision was announced by the Treasury Secretary Scott … Read more
Iran Missile Strikes Hit Qatar LNG Hub, Raise Fears Qatar’s state-owned energy giant has said that Iranian missile strikes caused “extensive damage” to its key liquefied natural gas facilities at Ras Laffan. As a result, it intensified regional tensions and raised concerns about global energy supplies. Officials confirmed that the attack, which struck the heart … Read more
Trump Postpones China Trip Amid Iran War Tensions US President Donald Trump said on Monday that he is planning to postpone his high-stakes visit to China by about a month. He cited that he needs to remain in US as the Iran war has intensified. Although, his meeting with Chinese President Xi Jinping had been … Read more
Sri Lanka Imposes Weekly Holiday Amid Fuel Crisis Sri Lanka has announced a weekly public holiday on Wednesdays for government institutions. It happened because authorities have moved swiftly to conserve fuel amid mounting concerns over global supply disruptions that is linked to the tensions involving United States, Israel, and Iran. “We must prepare for the … Read more
Oil Prices Surge Despite Record Reserves Release Amid Iran War Oil prices have surged sharply on Thursday, despite a coordinated effort by major countries to release a record amount of oil from their emergency reserves. The International Energy Agency (IEA) who represents 32 nations has announced the plans to release 400 million barrels of oil … Read more