world
The United States has implemented new tariffs ranging from 10 to 12.5 percent on goods from 60 economies, including Nigeria, effective 12:01 a.m. Eastern Time on July 24, 2026. The administration justified the measures under Section 301 of the Trade Act of 1974, citing a failure by these nations to adequately restrict imported goods made … Read more
The U.S. and Iran edged closer to a broader regional war in July 2026, with sustained military strikes and proxy attacks threatening to destabilize global energy markets. By 23 July, U.S. Central Command had conducted 13 consecutive nights of kinetic operations targeting Iranian infrastructure, while Iran warned of “new strategies” to counter American pressure. The … Read more
President Donald Trump is considering a massive attack on Iran, signaling a potential escalation in the five-month-long conflict. As a 60-day diplomatic window reaches its halfway point, the U.S. has ramped up airstrikes, while Pakistan and China attempt to facilitate new peace talks between the warring nations. The conflict between the United States and Iran … Read more
State-run Oil and Natural Gas Corp. Ltd (ONGC) is initiating plans to establish India’s first strategic natural gas reserve. The project, which is currently in the early stages, focuses on utilizing depleted gas wells located near the company’s existing gas-producing assets in western India. ONGC Plans India’s First Strategic Natural Gas Reserve in Depleted Wells … Read more
Australian households face a dual financial squeeze as global crude oil prices climb above $US100 a barrel, threatening to push petrol costs back above $2 per litre. Markets now see an even chance of a fourth Reserve Bank cash rate increase at the August 11 meeting. The convergence of a worsening Middle East conflict and … Read more
Colombia’s incoming administration is preparing a fundamental shift in national policy as President-elect Abelardo de la Espriella readies to take office on August 7, 2026. After securing 49.66% of the vote in the June runoff election against Senator Iván Cepeda, the president-elect has signaled his intent to dismantle key components of the country’s existing peace … Read more
International Criminal Court member states voted 82-13 on July 24, 2026, to remove Prosecutor Karim Khan following allegations of sexual misconduct. The ouster, which concludes a two-year disciplinary process, occurs amid intense international pressure and U.S. sanctions against the court, though the ICC maintains that ongoing investigations remain unaffected. The Assembly of States Parties Vote … Read more
American forces disabled the merchant vessel M/T Lavine in the Gulf of Oman after the ship attempted to breach a U.S. military blockade of Iranian ports. According to Capt. Tim Hawkins, a spokesperson for Apnews, the vessel attempted to run the blockade at least four times. The military action followed a series of warnings to … Read more
President Donald Trump moved a planned Cabinet meeting from Camp David to the White House on Wednesday, citing expected bad weather. The session, originally intended to address recent successes of the administration including economy and small business wins, Task Force to Eliminate Fraud highlights, and foreign policy updates, occurs during a critical inflection point in … Read more
As the conflict between the United States, Israel, and Iran reaches the 100-day mark, the situation has devolved into a protracted war of attrition with no clear end in sight. Despite intermittent exchanges of fire and various diplomatic efforts, experts suggest that neither side has secured a decisive victory. Analysts describe the current phase as … Read more