FRANKFURT, Germany (AP) — Oil markets currently closed for the weekend are set to see price swings next week as the impact from the U.S. and Israeli strikes on oil supplies from the Middle East remains unclear.
Some large oil companies and top trading houses have suspended crude oil and fuel shipments via the Strait of Hormuz amid ongoing US and Israeli attacks on Iran and Tehran's retaliation in the region, four trading sources said on Saturday.
The International Atomic Energy Agency (IAEA) confirmed in a Friday announcement that a local ceasefire between Ukraine and Russia is in effect around the Zaporizhzhia Nuclear Power Plant to urgently allow crews to restore the facility's backup power supply.
MANILA, Philippines — A Catholic bishop called for the new leadership of the Department of Environment and Natural Resources (DENR) to seek justice for the oil spill in the Verde Island Passage (VIP), following Malacañang's announcement that Undersecretary Juan Miguel Cuna will serve as acting DENR secretary.
NEW YORK — US stocks sank Friday as Wall Street kept punishing companies that could become losers in the artificial-intelligence revolution. A surprisingly discouraging update on inflation also hurt the market, while oil prices climbed with worries about tensions between the United States and Iran.
U.S. stocks sank as Wall Street kept punishing companies that could become losers in the AI revolution. A surprisingly discouraging update on inflation also hurt the market Friday, while oil prices climbed along with worries about tensions between the United States and Iran.
Kiev has no interest in resuming the flow of Russian crude through the Druzhba (Friendship) oil pipeline, Slovak Prime Minister Robert Fico has concluded after a phone call with Ukraine’s Vladimir Zelensky.
President Trump told reporters on Friday afternoon that the U.S. could pursue a "friendly takeover" of Cuba, a comment from the president that comes as his administration moves to secure the Western Hemisphere and intensifies pressure on the communist regime in Havana through a crude-oil blockade.
A multibillion dollar surge in data centre proposals across Melbourne’s north-west has triggered a high-stakes stand-off over the bill for the expected power grid overhaul required to run the energy hungry developments.
Some of Iran's most highly enriched uranium was stored in an underground area of its nuclear site in Isfahan, according to a report from UN nuclear watchdog the International Atomic Energy Agency (IAEA). The report was sent to member states on Friday, according to Reuters.
St. Petersburg police said Friday that they arrested a top manager at Gazprom Neft, one of Russia’s biggest oil producers, on suspicion of accepting bribes in his previous role at the company’s investment division.
St. Petersburg police said Friday that they arrested a senior manager at Gazprom Neft, one of Russia’s biggest oil producers, on suspicion of accepting bribes in his previous role at the company’s investment division.
Hungary and Slovakia have agreed to establish a joint investigation to examine damage to the Druzhba oil pipeline supplying crude from Russia, Hungarian Prime Minister Viktor Orban said on Friday. The two countries have accused Ukraine of halting crude flows from Russia for political reasons.
The flag of the International Atomic Energy Agency flies in front of its headquarters during an IAEA Board of Governors meeting in Vienna, Austria, on Feb. 6, 2023. (AP Photo/Heinz-Peter Bader, File)
WASHINGTON — The Justice Department has filed a complaint to legally take ownership of a sanctioned tanker and nearly 2 million barrels of petroleum seized off the coast of Venezuela in December, another step by President Donald Trump's administration to assert power over the country's oil sector after capturing lea…
The rollercoaster continues: US equity futures are in the red again, trading near session lows, and set to extend Thursday's losses with as stocks underperform after yesterday's spectacular plunge in the momentum trade as NVDA's post record-breaking earnings/guidance plunge spooked markets that nothing is resolved a…
The EU is desperately attempting to engineer “regime change” against Hungarian Prime Minister Viktor Orban in next month’s parliamentary election, employing tactics such as poll manipulation and energy blackmail, German opposition leader Alice Weidel has claimed.
The EU is desperately attempting to engineer “regime change” against Hungarian Prime Minister Viktor Orban in next month’s parliamentary election, employing tactics such as poll manipulation and energy blackmail, German opposition leader Alice Weidel has claimed.
Oil prices rose on Friday but were on track to post a weekly decline after Iran and the US decided to extend their nuclear talks to next week, with focus also on the upcoming Opec+ meeting on Sunday.
Iran's loading of oil onto shipping vessels rose to nearly three times its weekly average in recent days, amid ongoing tensions and peace talks with the US, The Wall Street Journal reported on Tuesday.
SEOUL, South Korea, Feb. 27, 2026 /PRNewswire/ -- RIMAN, a premium Korean skincare and wellness brand, announced its ICD Dermatology Line, featuring boosters, serums, and creams, has received the iF DESIGN AWARD 2026 in the Packaging Design category. The packaging reimagines RIMAN's signature ingredient, Giant BYoun…
Venezuela's oil ministry has suspended 19 oil production-sharing contracts with private companies signed under the administration of president Nicolas Maduro, four sources with knowledge of the move told Reuters on Thursday.
SINGAPORE, Feb. 27, 2026 /PRNewswire/ -- Cynosure Lutronic, a global leader in energy-based medical aesthetic devices, announced today that Clarity II, its dual-wavelength long-pulse laser platform, has received regulatory approval in China and Japan. This marks a significant expansion of the company's clinically ap…
SEOUL, Feb. 27 (Yonhap) -- The government on Friday advised the Korea Electric Power Corp. (KEPCO) and the Korea Hydro & Nuclear Power Co. (KHNP) to settle their legal dispute over payments involving a United Arab Emirates (UAE) power plant project domestically.
SEOUL, Feb. 27 (Yonhap) -- Hanwha Aerospace Co., South Korea's leading defense systems manufacturer, has entered the global liquefied natural gas (LNG) distribution business by signing a 20-year purchase deal with a supplier in the United States, the company said Friday.
Above two deep coal mine shafts stands the most significant transformation of the NSW regional art landscape in more than a decade. After a four-year closure, Newcastle Art Gallery officially reopens this Saturday, its $48 million expansion more than doubling its footprint to house a world-class $145 million collect…
MANILA, Philippines — Gasoline and diesel prices are projected to increase for the seventh consecutive week, as tensions between the US and Iran continue to influence global oil market prices, local oil industry sources said on Friday.
Energy Secretary Ed Miliband has said the impact of the rapid expansion of data centres on the UK's efforts to lower carbon emissions to net zero is "inherently uncertain".
Iran is loading almost three times the amount of oil it normally does onto tankers in the Persian Gulf in a sign it is anticipating a US attack that could prevent its oil from hitting the market.
Ukraine saw renewed overnight Russian strikes as drones and missiles hit the eastern region of Kharkiv, injuring at least 14 people, including a seven year old boy, according to regional authorities. Residential districts were targeted across several parts of the city, damaging apartment buildings and local infrastr…
Australia’s leading environmental legal service could be stripped of Commonwealth funding as Resources Minister Madeleine King warns taxpayers deserve a “higher standard of conduct” following a second high-profile courtroom defeat against oil and gas giant Santos.
Last night’s discussion featuring Rick Rule, Bill Fleckenstein, and Erik Townsend covered the macro landscape from hard assets to energy markets and nuclear policy.
Workers repair the destroyed DTEK company’s power plant after a Russian missile attack on the country’s energy system in an undisclosed location in Ukraine, Monday, Feb. 9, 2026. (AP Photo/Sergei Grits)
US equity futures managed to erase overnight losses and were trading flat after Nvidia and Salesforce failed to assuage fears about an overheated AI economy while traders awaited color from today's round of US / Iran talks. As of 8:00am S&P futures were unchanged and nasdaq futures were down 0.1%, with NVDA up 1% pr…
MANILA, Philippines — As Capital1 head coach Jorge de Brito sat down behind the mike for the post-game presser on Thursday, sports writers heard metallic clinking coming from under his shirt.