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The world’s largest oil and gas companies, along with major producing states, are on track to generate an additional $234 billion in profits by the end of 2026 if crude prices remain around $100 per barrel. The projection, based on data from Rystad Energy, reflects how the conflict linked to Iran and the disruption of the Strait of Hormuz......
Europe will face elevated natural gas prices for years, even under the most optimistic scenario, the EU’s energy chief has warned, citing extensive damage to production infrastructure in the Gulf during the war involving Iran. The disruption has already tightened global supply and driven sharp increases in energy costs across the continent. European......
Bulgaria is heading into a new parliamentary election amid ongoing political instability, with former president Rumen Radev emerging as a leading figure in the race. Running on an anti-corruption platform, he has gained strong support in rural areas where frustration with years of ineffective governance remains high. The upcoming vote comes......
Swedish authorities have successfully disrupted a cyberattack targeting a thermal power plant in western Sweden, which was carried out by a pro-Russian hacking group, according to officials. The attempted intrusion occurred in spring 2025 and was aimed at disrupting operations at critical energy infrastructure. However, the attack ultimately......
Russia has pledged to continue supplying oil to Cuba as the island faces a severe energy crisis driven by supply disruptions and geopolitical tensions. The announcement was made by Foreign Minister Sergei Lavrov, who confirmed that Moscow intends to maintain its support following the recent delivery of a tanker carrying approximately 700,000......
Russian Foreign Minister Sergei Lavrov arrived in Beijing for a two-day official visit aimed at strengthening coordination between Russia and China on key international and regional issues. The visit comes at a time of heightened diplomatic activity, particularly in relation to ongoing tensions in the Middle East. Both Moscow and Beijing......
Claudio Descalzi, CEO of Italian energy giant Eni, called on the European Union Sunday to reconsider its plan to phase out Russian gas imports starting in early 2027. He warned the bloc lacks clear alternatives to replace the supplies it plans to cut. Speaking at a League party event, Descalzi questioned how Europe could substitute about 20......
Russia and Ukraine have resumed large-scale drone strikes following the end of a short Easter truce, highlighting the continued intensity of the conflict between the two countries. According to Ukrainian military sources, Russia launched dozens of drones overnight, most of which were intercepted by air defense systems. In parallel, Russian......
Political tensions in Poland have intensified as Prime Minister Donald Tusk sharply criticized his political rivals, accusing them of aligning with interests linked to Vladimir Putin. Speaking at a major political gathering, Tusk alleged that members of the opposition, including allies of President Karol Nawrocki, were contributing to what......
Ukraine and Russia have exchanged accusations of repeated violations of a temporary Easter ceasefire, highlighting the fragile nature of any pause in hostilities between the two sides. The truce, announced by Moscow, was set to last 32 hours over the Orthodox Easter period. Ukrainian authorities agreed to observe the ceasefire but warned......
Indonesia’s president, Prabowo Subianto, is expected to travel to Russia in the coming days for high-level talks with President Vladimir Putin, according to Indonesian officials. The planned visit highlights growing diplomatic engagement between Indonesia and Russia at a time of shifting global alliances and economic pressures. Discussions......
European defense stocks dropped sharply on Friday after Ukraine’s chief negotiator signaled progress toward a potential peace deal with Russia, prompting investors to shift toward construction and materials companies expected to benefit from postwar rebuilding. Kyrylo Budanov said in an interview reported by Bloomberg that talks with......
Italian banking group UniCredit S.p.A. is reportedly reconsidering its strategy in Russia and may opt to liquidate its local operations rather than proceed with a previously discussed sale, according to media reports citing unnamed sources. The bank, once among the major foreign lenders operating in Russia, has faced increasing pressure since......
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GITEX Africa: The New Frontiers Of African Innovation
Monday 06 - 13:04
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Les Impériales Week 2026: Under the Theme “Daba or Never”
Tuesday 31 March 2026 - 10:03
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Iran under the lens
Tuesday 13 January 2026 - 08:30
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AFCON 2025: Morocco at the heart of African football
Friday 19 December 2025 - 11:16
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Walaw at the Heart of the Mawazine Festival – Rhythms of the World 2025
Saturday 21 June 2025 - 15:48
