Oil Prices to Swing Wildly In $95-$120 Loop Amid US-Iran Standoff - Investor
WASHINGTON (Sputnik) - Global oil prices will fluctuate between $95 and $120 per barrel in the near future due to the Middle East conflict, Kyle Shostak, director of Navigator Principal Investors, told RIA Novosti. "My reading of the situation is that the Trump administration is hopeful that the bl»»»
Mideast Chaos May Boost Northern Sea Route's Value - Korea Arctic Shipping Association
WASHINGTON (Sputnik) - The conflict in the Middle East, combined with the United States' blockade of the Strait of Hormuz, may ramp up interest in the Northern Sea Route, Subeom Choi, secretary general of the Korea Arctic Shipping Association, told RIA Novosti. "This crisis may strengthen global in»»»
US-Israeli war on Iran may spark global famine, charity founder warns
Disruptions to fertilizer supplies caused by the US-Israeli war on Iran risk triggering a multi-year food crisis globally, World Central Kitchen (WCK) founder Jose Andres has warned. Tensions around the Strait of Hormuz have already driven up energy prices and rattled the global economy, disrupting»»»
UAE sends 100 tonnes of aid to Gaza via 'Humaid Air Bridge'
The United Arab Emirates, as part of “Operation Chivalrous Knight 3,” continues its ongoing humanitarian efforts through the Humaid Air Bridge, delivering 100 tonnes of urgent relief aid to the people of the Gaza Strip, in line with its sustained support and commitment to alleviating humanitarian s»»»
First South Korean tanker transits alternative Red Sea route
Seoul: A South Korean oil tanker has transited the Red Sea for the first time since the effective closure of the Strait of Hormuz, Seoul's oceans ministry said on Friday. South Korea had taken steps to mitigate the risks to its energy supplies since US-Israeli attacks on Iran in late February promp»»»
13 killed in Israeli strike on Tyre just before Lebanon truce
Israeli strikes on Tyre in southern Lebanon killed at least 13 people just before the 10-day ceasefire with Israel took effect at midnight, a city official said on Friday. The official, who asked not to be identified, said another 35 people were injured, and emergency workers were still searching t»»»
Paris conference to discuss formation of international force to secure navigation in Strait of Hormuz
Paris: French President Emmanuel Macron and UK Prime Minister Keir Starmer are set to discuss on Friday, April 17, 2026, in Paris, with leaders of allied countries, a proposal to form a multinational force to ensure security and freedom of navigation in the Strait of Hormuz, following the consolida»»»
Japan rallies Asian nations with $10b plan to counter supply risks
Dubai: In a move to address the growing concerns over global energy security, Japan has announced a major regional initiative aimed at protecting Asian economies from supply disruptions, particularly those linked to key shipping routes such as the Strait of Hormuz. During an online meeting held on »»»
China’s “Petroyuan” Gains Traction Amid Gulf Tensions
Escalating geopolitical tensions in the Gulf region are breathing new life into China’s long-standing ambition to expand the role of the yuan in global energy trade, reviving discussions around the so-called “Petroyuan” as an alternative to the Dollar-dominated system. Recent developments surroundi»»»
Egypt Targets Near 5% Growth as Government Balances Reform and Global Pressures
Cairo — Egypt expects its economy to grow between 4.8% and 5% in the third quarter of the current 2025/2026 fiscal year, reflecting continued resilience despite global uncertainty, according to Ahmed Kouchouk in statements reported by Asharq Bloomberg. Speaking on the sidelines of the Spring Meetin»»»
Electricity benefits extended in Kyrgyzstan until 2027 - | 24.KG
President of Kyrgyzstan Sadyr Japarov signed a decree introducing amendments to support measures for low-income citizens in paying for electricity in Kyrgyzstan. According to the document, electricity benefits have been extended until January 1, 2027. At the same time, the support mechanism will be»»»
No flight? No problem. Step inside Abu Dhabi airport
Abu Dhabi: Zayed International Airport has opened its doors to the public, allowing citizens and residents to explore its facilities without the need to travel. The initiative, running for eight weeks, invites visitors to step inside the airport’s usually restricted areas to enjoy its retail outlet»»»
Fragile calm in Lebanon as truce holds and families head home
A fragile calm settled over parts of Lebanon on Friday as a 10-day ceasefire brokered by the United States took hold between Israel and Hezbollah, prompting thousands of displaced families to begin the journey home — even as uncertainty, destruction and Israeli warnings against going back to parts »»»
Middle East oil production recovery to pre-crisis levels could take two years: IEA
Paris: Executive Director of International Energy Agency (IEA), Fatih Birol, said restoring energy production in the Middle East following the recent regional tension could take around two years. In press remarks on Friday, Birol noted that recovery timelines would vary from country to country, wit»»»
Dusty winds and mild conditions to continue across UAE until Monday
Dubai: Fair to partly cloudy weather is expected across the UAE on Friday, with light to moderate northwesterly winds picking up at times and raising dust, according to the National Centre of Meteorology (NCM). Get updated faster and for FREE: Download the Gulf News app now - simply click here.Wind»»»
Military Personnel, Equipment to Move Across Bulgaria for Exercises on April 19-20
Military personnel and equipment from units of the Bulgarian Land Forces will move along the national road and rail network on April 19 and 20 to participate in planned exercises, the Ministry of Defence said on Friday. On April 19 and 20, troops and equipment will travel from Pleven and Shumen to »»»
GERB Leader Borissov: We Want to Govern Because We Have Proven Ourselves
“We are not fighting for power. We want to govern because we have shown what happens during our governance - construction, construction, construction, including in Haskovo,” said GERB leader Boyko Borissov during a meeting with mayors, municipal councilors, activists, and supporters from the Haskov»»»
Denis Kitaev: Education, Career and Vesper
Denis Kitaev is a property developer, a co-founder and shareholder of Vesper, a firm specialising in premium residential construction and renovation. Born in Moscow on 3 February 1977, Denis Vladimirovich Kitaev attended Secondary School No. 622, where he developed a marked interest in drawing and »»»
India wealth shake-up: Gautam Adani becomes Asia’s richest, overtakes Mukesh Ambani
Gautam Adani has emerged as Asia’s richest individual, with his net worth rising to $92.6 billion, according to the latest Bloomberg Billionaires Index. He is now ranked 19th globally. Get updated faster and for FREE: Download the Gulf News app now - simply click here.Ambani slips to second in Asia»»»
'I Read Sputnik Every Day': Cuban President Visits Sputnik’s Booth at Patria Colloquium
The 5th “Patria” International Colloquium which opened on Thursday in Havana will run for three days until April 18. The media forum brings together around 150 journalists, analysts, academics, and media specialists from over 20 countries. Sputnik has its own booth in the colloquium’s exhibition ar»»»
Russian Troops Liberate Settlement of Zybino in Kharkov Region
MOSCOW (Sputnik) - The Russian armed forces have liberated the settlement of Zybino in the Kharkov region, the Russian Defense Ministry said on Friday. "Over the week, as a result of decisive actions by units of the Sever battlegroup, the village of Volchanskie Khutora in the Kharkov region was lib»»»
UAE banks offer loan relief, 0% transfers: Who benefits and how
Dubai: UAE banks are rolling out a series of relief measures — from free loan deferrals to zero-interest payment plans — as residents navigate mounting financial pressures amid the ongoing crisis. In return, lenders are widening support across housing, healthcare and everyday expenses. Banks are in»»»
Oil prices to remain as they are or go down: PM
Skopje, 15 April 2026 (MIA) - The situation with the oil derivatives is stable and unchanged, with not a liter from the oil reserves spent, said Prime Minister Hristijan Mickoski on Wednesday, adding that fuel prices would remain as they are or go down considering oil stock prices. Regarding the pi»»»
Body of Athens teenager found in Corinth Canal, investigation underway
The body of a young woman was found floating Friday morning in the waters of the Corinth Canal, authorities said. According to initial information, the victim is a 17-year-old resident of Athens district Psychiko, whose disappearance had been reported Thursday night at the local police station. Sea»»»
Pleven Gets First Toxicochemistry Lab Outside Sofia
The first toxicochemistry laboratory outside Sofia was opened in Pleven by caretaker Minister of the Interior Emil Dechev on Friday. The facility will speed up drug and alcohol testing in pre-trial proceedings involving drivers and crime suspects. Dechev cut the ribbon in the presence of his deputy»»»
US envoy Barrack says ceasefire with Hezbollah is 'beginning of a road'
Tom Barrack, the U.S. special envoy to Syria and ambassador to Turkey, told a diplomacy conference Friday that the “brilliance” of the Israel-Hezbollah ceasefire in Lebanon was that it ended “senseless killing.” “The brilliance of what happened yesterday is it stopped senseless killing and Presiden»»»