The Perfect Storm for Oil Bulls: Hormuz, Bab el-Mandab, and the Sea of Azov
The Perfect Storm for Oil Bulls: Hormuz, Bab el-Mandab, and the Sea of Azov - Institute of Energy for South-East Europe About UsMission and VisionBackgroundAnnual ReportArticles of AssociationBoard of GovernorsOrganizationExecutive CommitteeScientific CommitteesResearchInternational Advisory GroupC»»»
Qatar's LNG Crisis Deepens: Why Europe's Gas Market Faces Another Shock
Qatar's LNG Crisis Deepens: Why Europe's Gas Market Faces Another Shock - Institute of Energy for South-East Europe About UsMission and VisionBackgroundAnnual ReportArticles of AssociationBoard of GovernorsOrganizationExecutive CommitteeScientific CommitteesResearchInternational Advisory GroupCo-op»»»
UN ‘alarmed’ by surge in Iran executions since March
GENEVA: UN rights chief Volker Turk said Wednesday he was “alarmed” by the surge in executions in Iran since March, with the death penalty being used by Tehran to “instil fear.” “Since March 19, 2026, at least 56 people have been executed on national security-related charges, including 27 individua»»»
Taiwan launches annual war games as pressure from China grows
Taiwan on Wednesday launched its annual "Han Kuang" military exercises. The event, which is the island's largest military drill, is meant to prepare the country for a potential Chinese invasion. China claims Taiwan as part of its territory, and has ramped up military pressure on the island in recen»»»
Search teams recover famed climber Purja’s body and 3 others from Pakistan peak
ISLAMABAD: Search teams backed by military helicopters recovered the bodies of renowned British-Nepali mountaineer Nirmal Purja and three other missing climbers on Wednesday, bringing the number of bodies recovered from Broad Peak to seven nearly a week after an avalanche swept away a 10-member int»»»
UAE tourist VAT refund system expands to 19,340 stores, Noon and 100 kiosks
Dubai: Tourists visiting the UAE can now access VAT refunds through more than 19,300 retail outlets, 100 self-service kiosks and eligible purchases made on the Noon e-commerce platform. Sign up for our daily business newsletter, Cheques & Balances.The number of stores connected to the Federal Tax A»»»
Gulf shipping traffic steady amid uncertainty of US-Iran peace talks
SINGAPORE: Shipping traffic at the key Middle Eastern maritime chokepoints of the Strait of Hormuz and the Bab El-Mandeb was little changed on Tuesday from the previous day, ship-tracking data showed. Eight vessels transited the Strait of Hormuz, including five tankers and three bulk carriers, ship»»»
DRC cobalt exports to China may have contained up to 5,000 tonnes of uranium, study finds
Cobalt hydroxide exported from the Democratic Republic of the Congo to China between 2000 and 2024 may have contained an estimated 2,000–5,000 tonnes of uranium, according to a peer-reviewed study developed alongside an investigation by Lighthouse Reports and the Financial Times. The quantitative e»»»
The Dartmouth Workshop: The $7,500 investment that gave birth to AI (2/3)
Some 70 years before the current frenzy of record-breaking fundraising by modern AI giants such as OpenAI and Anthropic, the Rockefeller Foundation made what may have been the first investment in the history of AI. With a $7,500 grant from the foundation in 1956, four eminent mathematicians organis»»»
Shandong Auto and Auto Parts matchmaking event held in Sharjah, UAE
The Shandong Quality World Wide Shandong Automotive & Auto Parts Industry Promotion Matchmaking Conference was successfully hosted at Sharjah Expo Centre in the UAE on August 4. Organised by the Department of Commerce of Shandong Province, this event marked the inaugural session of the 2026 Industr»»»
Taiwan begins military drills as China pressure grows
TAIPEI: Taiwan’s largest military drills of the year began Wednesday as the island democracy attempts to prepare its population for a potential Chinese invasion. The annual “Han Kuang” exercise, which runs from August 5-14, stages combat scenarios for troops and reservists to practice responding to»»»
Talks with Oman on Strait of Hormuz Bilateral, Not Linked to Any Third Party: Baghaei - Al-Manar TV Lebanon
Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Talks with Oman on Strait of Hormuz Bilateral, Not Linked to Any Third Party: Baghaei 05-08-2026 09:45 AM Esmaeil Baqaei, Iran’s Foreign Mi»»»
Draw the Sword! China Will Not Allow Anyone to Run Amok at Its Doorstep
From joint exercise and CCG law-enforcement operations to the issuance of measures for nature reserve management, China fired three "arrows" in defense of its sovereignty over Huangyan Dao on August 1, leaving no room for ambiguity in response to the Philippines' provocative and unlawful actions. A»»»
North Korea warns of ‘military options’ over Japan rearmament
SEOUL: The powerful sister of North Korean leader Kim Jong Un on Wednesday accused Japan of “transformation into a war state” as Tokyo beefs up its military stance in the Pacific. Japan has been gradually moving away from its post-World War II pacifist status — increasing military spending, ramping»»»
South Korea police raid Starbucks HQ over 'Tank Day' fiasco
South Korean police raided the Starbucks national headquarters Wednesday, the chain's local operator told AFP, following allegations an advertising campaign defamed activists slain in 1980 pro-democracy protests. Starbucks Korea caused an uproar this year when it launched a "Tank Day" promotion on »»»
China to supply 370 units of equipment to Kyrgyzstan's Agriculture Ministry - | 24.KG
Kyrgyzstan’s Minister of Water Resources, Agriculture and Processing Industry, Erlist Akunbekov, met with Liu Jiangping, Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Kyrgyzstan. Following the meeting, the two sides signed an executive agreement for a project to »»»
Syria’s first synthetic fur factory opens in Damascus
Damascus, Aug. 4 (SANA) The United Fur Company factory opened on Tuesday in Adra Industrial City as the first facility in Syria specializing in the production of synthetic fur, under a Syrian-Chinese partnership. The inauguration was attended by Deputy Minister of Economy and Industry Basel Abdul H»»»
Moody's warns Latin America faces hurdles in critical minerals boom - UPI.com
An aerial photograph shows the old Serra Pelada gold mine in Curionopolis, Brazil, in September. The mine, considered the largest artisanal open-pit mine in Brazil's history, aims to resume its previous operations. However, challenges such as disputes among miners, substantial debt and environmenta»»»
Groupa Azoty to increase market share in sulfuric acid market as Middle East war blocks trade
Disruptions to key Middle Eastern trade routes have turned sulfuric acid into a strategic commodity, creating an opportunity for Grupa Azoty. The closure of the Strait of Hormuz has disrupted nearly 47% of global seaborne sulfur exports, while additional export restrictions have tightened supply. S»»»
Volkswagen going through crisis
Volkswagen, long a symbol of German engineering and European industrial strength, is facing a fundamental challenge to its business model. The group employs about 680,000 people, operates more than 100 plants and generates over EUR 320 bln in annual revenue. However, high production costs, technolo»»»
Tighter supply elevates Singapore marine fuel premiums above its regional peers
SINGAPORE: Low-sulfur fuel oil supplies at Singapore have tightened on reduced output from refineries and declining sweet crude imports, trade sources and analysts said, driving up refueling costs for shippers at the world’s largest bunkering port. Spot premiums for very low sulfur fuel oil (VLSFO)»»»
US has used ‘virtually all’ of its long-range precision missiles during Iran war, sources say
NEW YORK/WASHINGTON: The US Army has used up much of its stockpile of highly accurate long-range missiles during its five-month war with Iran, according to three people familiar with the data, raising concerns about the military’s readiness for future conflicts. The missiles are principally the Ar»»»
Global textile trade's hidden water costs threaten emerging market supply chains
The global textile industry has helped transform economies from Bangladesh to Uzbekistan, creating millions of jobs and driving export growth, but the water-intensive foundations of the trade are exposing some of the world’s biggest manufacturing hubs to rising environmental and economic risks, acc»»»
Ukraine’s attacks on Wildberries will hit foreign traders for tens of millions, says company CEO
Ukraine’s drone strikes on Wildberries depots in Russia have run up losses equivalent to tens of millions of dollars for traders from across Central Asia, Belarus, Armenia, China and other countries, according to the founder and CEO of the company known as “Russia’s Amazon”, Tatyana Kim. Kyiv has i»»»
Ukraine’s attacks on Wildberries will hit foreign traders for tens of millions, says company CEO
Ukraine’s drone strikes on Wildberries depots in Russia have run up losses equivalent to tens of millions of dollars for traders from across Central Asia, Belarus, Armenia, China and other countries, according to the founder and CEO of the company known as “Russia’s Amazon”, Tatyana Kim. Kyiv has i»»»
China draws up safety rules for autonomous vehicles
Beijing: China has drawn up new safety rules for the growing number of autonomous vehicles on its roads, including a mandatory deactivation override, the government said Tuesday. The standards taking effect July 1, 2027 will cover autonomous vehicles that require a human back-up driver, as well as »»»
Cabinet Chairman names two key projects for Kyrgyzstan’s future - | 24.KG
Kambar-Ata Hydropower Plant 1 and China—Kyrgyzstan—Uzbekistan railway are the country’s largest strategic projects, Chairman of the Cabinet of Ministers of Kyrgyzstan Adylbek Kasymaliev said in an interview with Kabar news agency. According to him, the launch of Kambar-Ata HPP 1 will allow Kyrgyzst»»»
Kyrgyzstan's debt to China decreases to $1.4 billion - | 24.KG
Kyrgyzstan’s debt to China has decreased from approximately $1.7 billion to $1.4 billion. The Chairman of the Cabinet of Ministers of Kyrgyzstan Adylbek Kasymaliev said in an interview with Kabar news agency. According to him, the Kyrgyz Republic has not received new loans from China in recent year»»»
Adylbek Kasymaliev warns of further gasoline price increases - | 24.KG
Gasoline and diesel fuel prices in Kyrgyzstan will gradually increase. Chairman of the Cabinet of Ministers of Kyrgyzstan Adylbek Kasymaliev stated in an interview with Kabar news agency. According to him, the country imports over 90 percent of its fuel and lubricants, so the domestic market is dir»»»
Russia and Ukraine trade record missile and drone barrages in another weekend of destruction
Russia and Ukraine's tit-for-tat missile and drone war escalated further over the weekend of August 1-2, with another brutal Russian attack on Kyiv that is driving tens of thousands residents into the metro stations every weekend. This attack killed at least nine people and injured dozens more. "Ru»»»
China and Arab states expand cooperation in the green Hydrogen sector
Beijing, August 4 (SANA) Cooperation between China and Arab states has entered a new phase in the green hydrogen sector, driven by the accelerating global transition toward clean energy and the complementarity between China’s industrial and technological capabilities and the natural resources and i»»»
S. Korea 'strongly' protests Japan's renewed claim to Dokdo, urging 'immediate withdrawal' - UPI.com
South Korea's Foreign Ministry lodged a protest Tuesday over Japan's territorial claim to the Dokdo islets. This photo, taken Tuesday, shows a model of Dokdo at the Times Square shopping complex in Seoul. Photo by Yonhap The foreign ministry lodged a "strong" protest Tuesday after Japan again laid »»»
Chinese investments in Egypt exceed US$ 10 billion
Egyptian Prime Minister Mostafa Madbouly confirmed that Chinese investments in Egypt have surpassed US$ 10 billion, RT reported on Monday. During the third meeting of the Ministerial Committee for China Affairs, he explained that a large number of companies operating in various economic sectors rep»»»
Japan says combat drones key to adapting to new warfare as tension rises in the region
Tokyo: Japan needs to adapt to the new methods of warfare like drones and artificial intelligence (AI) used in Ukraine and the Middle East and strengthen its defense industry, the government said Tuesday. Japan has bolstered its military capability and spending in recent years and has started deplo»»»
Iran's power struggle: Is Mojtaba Khamenei sidelining Pezeshkian over the Strait of Hormuz, dispute over approach to US?
Iran's wartime leadership is showing a united front toward the US, but behind that facade, a potentially consequential struggle is emerging over who controls Iran's strategy — and how far Tehran should go in using the Strait of Hormuz as leverage against Washington. The latest sign came Monday (Aug»»»
Denmark targets August 21 for second Security Council UN chief poll
The United Nations Security Council is expected to hold another informal poll this month as it selects the next UN secretary-general, the council president said on Monday, while indicating that a decision is still some way off. Portugal’s Antonio Guterres steps down as head of the world body at th»»»
Chinese investments in Egypt exceed $10bn amid push to deepen economic cooperation
Egyptian Prime Minister Mostafa Madbouly said on Monday that Chinese investments in Egypt exceeded $10bn, highlighting growing confidence among Chinese businesses in Egypt’s investment climate as the government reviewed new opportunities to deepen economic cooperation with Beijing. Madbouly made th»»»
Emerging-market ratings have absorbed the Iran war so far, but the buffers are thinning - Fitch
Emerging-market sovereign ratings have proved largely resilient to the US-Iran war in the first half of 2026, Fitch Ratings finds in its Global Emerging Markets Credit Brief for 3Q26, even as the conflict pushed roughly a third of EM sector outlooks to "deteriorating" following the agency's mid-yea»»»
Trump’s declassified election documents fall short of primetime claims - UPI.com
1 of 2 | President Donald Trump delivers an address on election security from the East Room of the White House in Washington, D.C., on July 16. Pool Photo by Saul Loeb/UPI | License Photo Aug. 3 (UPI) -- The 2026 midterm elections are fast approaching and President Donald Trump has launched a multi»»»
China's stalling car market masks a record global EV surge - IEA
Global electric car sales rebounded sharply in the second quarter of 2026, rising 35% quarter-on-quarter to record levels in 50 countries, even as overall car sales fell around 5% y/y in the first half of the year on weaker demand in China and the US, according to the International Energy Agency's »»»
5th Middle East Tyre, Auto & Spare Parts Expo opens in Sharjah
The 5th Middle East Tyre, Auto & Spare Parts Expo (METAS 2026) officially opened today at Expo Centre Sharjah, with 44 Chinese enterprises from 8 provinces joining 7 international exhibitors from the UAE and Jordan for three days of trade, matchmaking, and investment discussions. Opening ceremony w»»»
China’s birth crisis threatens Xi’s superpower dream - UPI.com
Falling population puts China's ambition to surpass the United States at risk 1 of 2 | A woman walks along a street in front of buildings at the Central Business District (CBD) in Beijing, China, 31 July 2026. China’s General Purchasing Managers’ Index in July fell from 50.6 to 49.3. Photo by ANDRE»»»
US faces new pressure to build weapons without China's rare earth magnets
A giant American flag hanging on the wall of a warehouse in New Hampshire hints at the national importance of the elements bound inside the mining waste stored in 1-ton bags. The company uses electrolysis to separate the key critical elements President Donald Trump's administration desperately want»»»
Trump says Iran talks are back on, but Tehran denies negotiations: What to know
US President Donald Trump said talks with Iran would resume Monday, claiming a deal on the Strait of Hormuz and Iran’s nuclear programme could be close. Iran, however, denied that direct negotiations with Washington are underway, saying its current discussions are with Oman over a temporary route t»»»
Railway from China: Kyrgyzstan places special focus on environmental protection - | 24.KG
Kyrgyzstan is paying special attention to environmental protection during the construction of China—Kyrgyzstan—Uzbekistan railway. Azamat Sakiev, director general of the state enterprise Kyrgyz Temir Zholu, said on Birinchi Radio. According to him, the project is technically one of the most challen»»»
UAE airlines expand global network: 10 new international routes added, 14 more planned by 2027
Dubai: UAE national airlines have accelerated their global expansion this year by launching 10 new international destinations, with plans to add another 14 routes over the coming months and into the first quarter of 2027, reinforcing the country's position as a global aviation hub linking East and »»»
On This Day, Aug. 3: Astronauts carry out first emergency repair spacewalk - UPI.com
On Aug. 3, 2005, in the first emergency repair conducted in space, astronauts fixed a potentially dangerous problem by removing two strips of protruding cloth from the underside of the space shuttle Discovery. 1 of 7 | Mission Specialist Soichi Noguchi traverses along the Destiny laboratory of the »»»
Chinese Engineers Developing Nuclear Bomb-Based Asteroid Destruction Technology - Reports
BEIJING (Sputnik) - A group of Chinese scientists is developing a method for destroying large asteroids with nuclear weapons, the South China Morning Post reported. A team of scientists from the China Rocket Research Institute in Beijing is working on a method for destroying large asteroids that th»»»
China to Expand Cross-Border Yuan Payments - Central Bank
BEIJING (Sputnik) - The People's Bank of China (PBC) said on Sunday it will develop the system of cross-border payments in yuan and expand international cooperation in this area in the second half of 2026. China "will promote the development of the cross-border yuan payment system, expand internati»»»
Rubio says Iran more open to nuclear talks after U.S. pressure
Washington, Aug. 2 (SANA) U.S. Secretary of State Marco Rubio said on Sunday that Iran has become more willing to negotiate over its nuclear program and maritime security following sustained U.S. pressure. In an interview with Fox News, Rubio said U.S. military strikes ordered by President Donald T»»»