world
Global oil markets are tightening as Brent crude prices surged past $95 per barrel. This spike follows 11 days of U.S.-Iran military exchanges, fueling investor anxiety over potential supply chain disruptions in the Red Sea and the Strait of Hormuz. Escalating Tensions and Market Volatility The energy sector is grappling with a rapid price ascent, … Read more
President Donald Trump warned Wednesday that the U.S. will destroy one bridge or power plant in Iran, including in Tehran, every time Iranian forces attack a ship in the Strait of Hormuz. The threat marks a significant escalation in the ongoing war as both nations remain deadlocked over control of the strategic waterway. The Strait … Read more
Effective July 23, Malaysia’s Ministry of Finance has increased the prices of unsubsidised RON97 and RON95 petrol by 20 sen per litre, and diesel by 35 sen per litre. These adjustments reflect rising global oil market volatility, exacerbated by escalating tensions between the United States and Iran following the conclusion of a ceasefire. Malaysian consumers … Read more
The conflict in the Middle East has widened, as two oil tankers carrying Saudi crude headed to Asia turned around in the Red Sea on Tuesday. This development follows an announcement by Yemen’s Houthis declaring a naval blockade against Saudi Arabia. The resulting closure of the Bab al-Mandeb strait, which connects the Red Sea to … Read more
To mark his 13th birthday on July 22, 2026, Kensington Palace released a new portrait of Prince George, followed by a candid video montage. The young prince, now officially a teenager, is preparing to board at Eton College this September, transitioning from his previous studies at Lambrook School. Prince George reached a significant milestone today, … Read more
President Donald Trump has formally approved a 30-year nuclear cooperation agreement with Saudi Arabia, granting the kingdom access to uranium enrichment technology. The deal, which aims to secure a central role for American firms like Westinghouse, faces significant scrutiny from Congress regarding nonproliferation safeguards and regional security implications. The Scope of the US-Saudi Nuclear Pact … Read more
Vale (VALE3) reported its strongest second-quarter iron ore production since 2018, reaching 84.255 million tons. As the company prepares for an extraordinary general meeting to elect a new chairman, investors are weighing the miner’s improved operational consistency against persistent cost pressures and a cooling global commodities environment. Vale (VALE3) iron ore production in 2026 Operational … Read more
New York City Mayor Zohran Mamdani has called on the federal government to execute an International Criminal Court arrest warrant for Israeli Prime Minister Benjamin Netanyahu, should he visit the city this September. President Donald Trump rejected the possibility on Monday, stating Netanyahu will not be arrested in the United States. Mamdani’s Call for Federal … Read more
President Donald Trump has approved a 30-year nuclear agreement with Saudi Arabia that could permit the kingdom to enrich uranium domestically. The deal, expected to be submitted to Congress, bypasses previous conditions linking nuclear cooperation to regional normalization and has drawn immediate criticism regarding nonproliferation oversight and Middle East security. Terms of the 30-Year Nuclear … Read more
Vietnam has committed to deepening the ASEAN-Russia Strategic Partnership as it prepares to serve as the country coordinator for the relationship from 2027 to 2030. During the 59th ASEAN Foreign Ministers’ Meeting in Manila, Vietnam proposed a goal of raising two-way trade between the bloc and Russia to US$45 billion by 2035. Strategic Objectives for … Read more