Kharg Island

US Bombs Iran’s Kharg Island, Warns Oil Facilities Could Be Next as Middle East War Escalates

The war in the Middle East has grown more serious after the United States launched airstrikes on Iran’s key oil hub, Kharg Island. The attack has raised fears that the conflict between Iran, Israel, and the United... Read more »
Asia fuel crisis

Asia Fuel Crisis Forces Four-Day Work Weeks and Work-From-Home

Many Asian countries are taking emergency steps to deal with a growing fuel crisis after oil shipments were disrupted through the Strait of Hormuz. The crisis began after tensions and conflict involving the United... Read more »
Anthropic lawsuit against US government

Anthropic Lawsuit Against US Government Gains Support From OpenAI and Google Researchers

Artificial intelligence company Anthropic has filed a lawsuit against the US government after being labelled a “supply chain risk.” The company says the decision is unfair and could harm both its business and the... Read more »
Trump Iran War Oil Prices

Trump Says Iran War May End Soon as Oil Prices and Global Stock Markets Swing

Global markets saw strong movements this week after U.S. President Donald Trump said the war with Iran may end soon. His comments caused big changes in oil prices and stock markets as investors watched... Read more »
Oil prices Iran war

Oil Prices Rise as Trump Defends Iran War; U.S. Says Energy Prices Will Fall Soon

Global oil prices have increased sharply as the war involving the United States and Iran creates fears of supply disruption. The situation has also slowed oil tanker traffic in the Strait of Hormuz, one of... Read more »