BHP Group said Brandon Craig will become chief executive on July 1, succeeding Mike Henry after more than six years in the role, signaling continuity in the mining company’s long term strategy. Craig currently serves as president of BHP Americas, where he has overseen growth initiatives across Canada, the United States and South America......
The United Arab Emirates briefly shut its airspace on Tuesday as missile and drone exchanges between Iran and Israel intensified, with explosions reported in several Gulf cities and new strikes launched across multiple fronts. Residents in Dubai and Doha reported hearing blasts as air defense systems intercepted incoming projectiles. UAE......
Oil prices rose sharply on Tuesday as renewed concerns over the Strait of Hormuz erased the previous day’s relief rally, highlighting ongoing disruption in one of the world’s most critical energy corridors. Brent crude climbed nearly 3 percent to around $103 per barrel, while US benchmark West Texas Intermediate rose to about......
Commercial shipping through the Strait of Hormuz has halted completely as the conflict involving Iran enters its third week, marking one of the most severe disruptions to global energy supply chains in decades. Maritime analytics firm Windward reported that vessel traffic through the strategic waterway fell to zero on March 14 and 15. These......
Asian financial markets opened lower Monday as investors prepared for another volatile week, with oil prices remaining above 100 dollars per barrel and no clear end to the conflict between the United States and Iran that has effectively disrupted shipping through the Strait of Hormuz. Futures tied to United States equities also signaled a......
Australia and Japan have ruled out sending warships to the Strait of Hormuz despite calls from United States President Donald Trump for allied nations to help secure the vital maritime route amid rising tensions with Iran. Canberra confirmed Monday that it will not deploy naval vessels to the strait, even as Washington seeks to form a multinational......
A growing diesel shortage triggered by disruptions to global energy supplies is threatening agricultural activity across multiple continents, raising concerns about rising food prices in the months ahead. Two weeks after the start of the US Israeli conflict involving Iran, the effective closure of the Strait of Hormuz has disrupted shipments......
An Australian charter airline owner has appeared in court accused of organizing a clandestine flight that allegedly helped two fugitives escape the country and reach Indonesia. According to the Australian Federal Police, the 43-year-old businessman is suspected of coordinating an illegal charter operation that transported the two men......
Nintendo shares jumped as much as 10.5 percent on Tuesday, marking the company’s largest daily gain since April 2025, after the unexpected success of the new game Pokémon Pokopia boosted investor confidence and eased concerns about rising memory chip costs. Pokémon Pokopia, a life simulation title inspired by the gameplay......
Shell, TotalEnergies, and several companies in Asia have declared force majeure on downstream contracts linked to Qatari liquefied natural gas deliveries, according to a Reuters report citing sources familiar with the matter. The move follows Qatar’s own force majeure declaration earlier in March after disruptions triggered by attacks......
Australian mining giant Rio Tinto has secured a $1.175 billion financing package from four international lenders to support the development of its Rincon lithium project in Salta province, Argentina. The funding comes from the International Finance Corporation, IDB Invest, Export Finance Australia, and the Japan Bank for International Cooperation. The......
Engineers at RMIT University in Australia have developed a remote controlled mini robot shaped like a dolphin designed to remove oil from the surface of water using a filter inspired by the spiny structure of sea urchins. The prototype, called the Electronic Dolphin, is roughly the size of a sneaker and is intended to provide a safer and......
Researchers from Australia and India have completed what they describe as the world’s first commercial scale trial using agricultural waste to partially replace coal in steel production, offering a potential pathway to reduce emissions in one of the most carbon intensive industries. The trial, announced on March 10 by Australia’s......
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Iran under the lens
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Les Impériales Week 2025: The Paradigm Shift – Business. People. Tech
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