Citi has raised its third-quarter Brent crude forecast to $80 per barrel from $75 as the U.S.-Iran war drags on and repeated attempts at a deal fail to restore normal oil flows through the Strait of Hormuz. The bank still...
The world’s biggest sovereign wealth fund, Norway’s $2.3-trillion Government Pension Fund Global, does not support the U.S. Securities and Exchange Commission’s (SEC) proposal to scrap requirements for climate-related risks and disclosures. The SEC in May requested input from investors about...
The total number of active drilling rigs for oil and gas in the United States stayed the same overall this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US staying...
“They say driving is only for men. But women have proved that they, too, can drive.” Credit: Learning Together. By External Source KABUL, Aug 7 2026 (IPS) The Taliban’s rise to power robbed Mehrmaa of her husband, her job and her chance to...
Re-reading Richard Pipes’ “The Formation of the Soviet Union” Branko Milanović is an economist specialised in development and inequality. His latest book, The Great Global Transformation: National Market Liberalism in a Multipolar World , was published November 2025. Cross-posed from Branko Milanović’s...
How the United States is using oil, technology, transportation and the dollar system to rebuild its declining global power. #Glenn Diesen Welcome back. Professor Michael Hudson joins us today, and I would advise everyone to follow his work. I’ve left a link...
What actually causes inflation? There are a number of theories. Michael Roberts is an Economist in the City of London and a prolific blogger . Guglielmo Carchedi is Senior Researcher in the Department of Economics and Econometrics at the University of Amsterdam Cross-posted...
In this episode, we sit down with the brilliant writer and poet Abigail George to talk about storytelling, creativity, and the power of words. Abigail shares insights into her journey as a writer, the inspiration behind her work, and how...
Conflicting signals from Washington and Tehran keep oil markets on edge as Iran weighs a permanent Hormuz shipping ban while Trump insists a deal is within reach. Friday, August 07, 2026 The oil market’s very own schizophrenia – trying to...
Ukraine's Ministry of Defense rarely misses an opportunity to showcase another new piece of military equipment entering service. Judging by the pace of such announcements, however, July marked a noticeable slowdown in new additions. Only four new systems were officially...
Abu Dhabi National Oil Company said attacks on its vessels and employees are having a significant impact on operations as the company tries to keep crude, gas and refined products moving through the Strait of Hormuz. Fifteen ADNOC vessels have...
The Biden-Trump transition period has not slowed Washington’s offensive against Havana. By blacklisting eight Cuban officials—including key military attaches stationed in Moscow and Beijing—the United States has signaled that Cuba is no longer merely a regional ideological adversary, but a...
Photo by Nik Shuliahin 💛💙 on Unsplash I hate how American politics feels like every election is an existential threat to the nation you, personally, want to see. I don’t trust Democrats to lead us well, and they don’t trust people...
Libya's National Oil Corporation (NOC) is confident the country could raise oil production to 2 million barrels per day (bpd) by early next decade from about 1.4 million bpd now, NOC chairman Masoud Suleman told Bloomberg in an interview published...
Journalists and civil society are increasingly being silenced by accusations of copyright infringement, says senior researcher Alberto Fittarelli in a report by the OCCRP. Unlike bot comments, falsely reporting videos for copyright infringement is “virtually invisible,” and leaves the burden of...
Intel and TSMC are pursuing the same objective—manufacturing smaller, faster, and more energy-efficient semiconductors—but they have adopted different strategies for advanced lithography. Intel moved early to develop High-Numerical-Aperture Extreme Ultraviolet lithography, commonly called High-NA EUV, while TSMC… com/semiconductor-manufacturers/tsmc/371838-intel-and-tsmc-take-different-paths-to-high-na-euv/">Intel and TSMC...
The latest Saudi oil route looks absurd on a map. Crude moves west across Saudi Arabia to Yanbu, north through the Red Sea to Egypt, across the SUMED pipeline from Ain Sokhna to Sidi Kerir, then west through the Mediterranean...
FIFA has now abandoned its controversial plan to sell a stake in World Cup commercial rights, after opposition from Europe and other football confederations turned what appeared to be an investment dispute into a wider challenge to Gianni Infantino’s leadership....
ADNOC has bought 11 very large crude and gas carriers for $1.3 billion as the national oil company of Abu Dhabi continues to expand its fleet of supertankers to boost crude and LNG exports. ADNOC’s unit ADNOC Logistics & Services...
Ukraine's failure to intercept a single Russian missile during a large-scale overnight attack this week has raised fresh concerns over Kyiv's dwindling supply of air-defense interceptors as Moscow escalates its ballistic missile strikes on the nearly defenseless capital and other...
While Kenya-UK relations are presented as glossy, a close evaluation reveals layers of British neocolonialism perpetuated through unequal agreements and the maintenance of secrecy networks and tax havens that encourage corruption and launder proceeds of corruption from Kenya. Kenya-UK Relations...
The informal, prisoner-led writing club at South Central Correctional Facility in Tennessee has a dozen or so members. Earlier in 2026 we were huddled around a table discussing that week’s reading when 78-year-old Dave rolled up in his wheelchair . “Y’all...
This article originally appeared on Inside Climate News , a nonprofit, non-partisan news organization that covers climate, energy and the environment. Sign up for their newsletter here . Matthew Kincanon spent Saturday drinking coffee from his favorite mug and planning an...
This article was originally published by The Lever, an investigative newsroom. If you like this story, subscribe to The Lever today . Weeks after he launched his war with Iran, President Donald Trump began releasing millions of barrels of oil from the...
The Design Automation Conference in Long Beach was a pleasant surprise. It drew strong attendance from leading companies across the semiconductor ecosystem, along with an impressive number of newcomers. AI-focused EDA companies came out in force—and delivered. Intel Foundry also made...
Saudi Arabia, Pakistan, and Turkey are expected to sign on Friday a joint defense cooperation agreement amid the Middle East’s turmoil triggered by the war in Iran, Reuters reports, citing sources familiar with the plans. On Friday, Turkey’s President Recep...
This article discusses the orderly transitions from gas vehicles to hybrid vehicles, and ultimately into EVs. Pros of Relying on Hybrids First Resource Efficiency: The raw materials needed for one full electric vehicle battery can build up to 90 hybrid...
The Trump administration marked the two-hundred-and-fiftieth anniversary of U.S. independence with a series of statements in support of American empire. Despite the fact that Trump campaigned against endless war and the White House issued a National Security Strategy that rejected “global...
Despite a decline in dependence on primary energy imports, India remains highly dependent, at a massive 90%, on crude oil imports for its consumption, a new industry report has shown. India’s dependence on primary energy imports fell to 42% in...
September WTI crude oil futures are trading at $78.08 early Friday, down $8.72, or 10.05%, for the week. The market opened at $80.10, traded as high as $82.33, and fell to $74.24. With Friday’s session still ahead, the weekly result...
Politics, Geopolitics & Conflict Eight Arab and Muslim countries have accused Israel of violating the Gaza ceasefire as Israeli strikes continue more than nine months after the U.S.-mediated “truce” took effect. Saudi Arabia, the UAE, Qatar, Egypt, Jordan, Turkey, Pakistan...
Iran and Oman appear close to an agreement on reopening the Strait of Hormuz, but the remaining issues are substantial. Tehran would control inbound traffic while Oman would oversee outbound shipping, and Iran is seeking sanctions relief in exchange for...
Right wing lawyer Abelardo De La Espriella will be sworn in as Colombia’s new president on Friday, marking a dramatic political shift after campaigning on promises to restore security, revive the economy and reverse many of former President Gustavo Petro’s...
The incredible events at Leipzig airport involving drones and An-24 aircraft confirm the provocation hypothesis. Tourists stepped onto the airfield and the driver knocked down a drone with his foot Panic reigns in Germany after a drone carrying explosives was knocked down...
India’s crude oil production fell for the third consecutive financial year in 2025/2026, the government said as it launches a push to boost offshore oil and gas exploration. India’s crude output fell by 3% in the 2025/2026 fiscal year ended...
The Trump administration has suffered another major legal setback in its campaign to obtain state voter registration records, marking its 21st court defeat this year as it seeks to expand federal oversight of U.S. elections ahead of the November midterm...
Artificial intelligence is rapidly evolving beyond simple chatbots into autonomous systems capable of making decisions and carrying out complex tasks with minimal human oversight. As these AI agents become more powerful, they are also creating new legal challenges. Recent disclosures...
Vessel traffic through the Strait of Hormuz has declined this week from the prior week amid uncertainty about the U.S.-Iran talks and the potential reopening of the Middle East’s key oil and LNG chokepoint. Between Monday and Thursday, a total...
For Masayoshi Son, the AI boom has been both a blessing and a curse for a conglomerate that had lost its way. In June, AI returned SoftBank Group to the top. For the first time in 22 years, Son’s conglomerate...
Choe Son-hui, the Minister of Foreign Affairs of the Democratic People’s Republic of Korea, has concluded a four-day visit to Moscow. This marks her second trip to the Russian capital in less than a year. The agenda of the visit...
Investors Await Key US Employment Data Amid Strong Earnings Season Global financial markets traded cautiously on Friday as investors awaited the release of the closely watched United States jobs report, while rising oil prices driven by renewed Middle East tensions...
China’s crude oil imports reversed an earlier decline, rising by 22% from June to an average daily of 8.45 million barrels, or a total of 35.73 million tons, Bloomberg reported today, citing customs data. China slashed its total crude oil...
Three Regional Powers Strengthen Security Cooperation Saudi Arabia, Turkey and Pakistan are set to sign a landmark joint defence agreement on Friday, deepening military cooperation among three of the Muslim world’s most influential powers at a time of heightened instability...
AI Spending Shifts Investor Focus from Earnings to Cash Flow The artificial intelligence boom is transforming how investors evaluate corporate earnings, pushing Wall Street beyond its long-standing fixation on earnings per share (EPS) toward a greater focus on cash flow....
The Iliad and Odyssey have shaped Western ideas of heroism for nearly three millennia. Yet despite centuries of debate over whether they reflect historical reality or poetic fantasy, the Homeric world remains an internally consistent universe worth studying on its...
The Iran war has fundamentally reshaped global energy security calculations, forcing fuel importing nations to confront an uncomfortable reality. The disruption of the Strait of Hormuz, one of the world’s most important energy corridors, has exposed the vulnerability of countries...
Young people facing Hiroshima’s Atomic Bomb Dome as storm clouds give way to morning light—a metaphor for humanity’s choice between living under the nuclear shadow and building a world without nuclear weapons. Credit: INPS Japan By Katsuhiro Asagiri HIROSHIMA, Japan, Aug 7...
Extreme Heat Intensifies Europe’s Prison Crisis As record breaking heatwaves continue to sweep across Europe, prisons in France, Italy and Belgium are facing mounting pressure from overcrowding, ageing infrastructure and inadequate cooling systems, exposing what prison officials, inmates and rights...
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