oil

107 Articles
Crime & conflict

Ukrainian Drones Target Russian Oil Refinery and Petrochemical Plant

Ukrainian drones executed a significant attack on the Kirishi oil refinery in Russia’s Leningrad region, operated by Surgutneftegas, which processes about 355,000 barrels...

Economy

French equities and bonds decline as government faces possible collapse

France’s financial markets faced considerable upheaval due to escalating political instability. The CAC 40 index, a benchmark for the nation’s major corporations, dropped...

World

U.S. Cancels Scheduled Trade Talks with India Amid Tariff Dispute

The United States has canceled scheduled trade talks with India that were set to take place in New Delhi from August 25-29, 2025....

Economy

Global Reactions to Trump’s New Tariffs

In August 2025, President Donald Trump intensified his protectionist trade policies by imposing new tariffs on several major trading partners, including India, Brazil,...

Economy

U.S. Implements Historic Import Tariffs, Affecting Over 60 Countries

United States implemented a series of unprecedented import tariffs, marking a significant escalation in global trade tensions. These tariffs, ranging from 10% to...

Economy

UAE’s non-oil sector growth slows to 52.9 in July amid geopolitical tensions

In July 2025, the United Arab Emirates (UAE) experienced a notable slowdown in its non-oil business sector, with the S&P Global Purchasing Managers’...

Economy

Thailand’s Finance Minister announces new 19% tariff rate with U.S., aiming to boost global competitiveness and attract investor confidence

Thailand’s Finance Minister, Pichai Chunhavajira, announced a new 19% tariff rate on imports from the United States, effective August 7, 2025. This rate...

Crime & conflict

Sudan’s military regains control of Khartoum, prompting thousands of displaced citizens to return from Egypt

In July 2025, the Sudanese military successfully regained control of Khartoum, leading to a significant return of displaced citizens from Egypt. Following the...

Politics

Suriname’s parliament elects Jennifer Geerlings-Simons as first female president amid economic challenges

Suriname’s National Assembly elected Jennifer Geerlings-Simons as the country’s first female president, marking a historic milestone in the nation’s political landscape. The 71-year-old...

Economy

President Trump confirms August 1 deadline for 25% tariff on Indian goods over Russian oil purchases

President Donald Trump announced the imposition of a 25% tariff on Indian imports, effective August 1. This decision was driven by concerns over...