Breaking 16:23 Africa Forward summit positions Morocco at heart of economic alliances 16:04 Trump announces talks with Cuba as Washington signals shift 15:49 Africa secures record World Cup representation for the 2026 tournament 15:26 Africa seeks greater control over critical minerals value chains 15:09 Spanish meat exports decline as global demand shifts sharply 14:49 Morocco and Ecuador deepen trade and investment ties in Rabat 14:30 Italian companies target Morocco’s expanding glass manufacturing sector 14:20 France charges Tunisian man over alleged Louvre attack plot 13:54 Trump and Xi face pressure to protect AI market rally 13:39 Amazon employees inflate AI usage metrics through unnecessary token activity 13:27 Hermes Agent overtakes OpenClaw in global AI agent usage race 13:18 Super El Niño threat grows as Pacific Ocean temperatures surge 13:05 Grok downloads fall as rivals widen artificial intelligence lead 12:45 Egyptian actor Abdel Rahman Abou Zahra dies at the age of 92 12:30 French National Assembly excludes AI copyright bill from parliamentary agenda 12:15 Germany must pull itself together, Merz tells unions amid growing political tension 12:00 Japan’s bank regulator launches forum to address cyber threats linked to advanced AI systems 11:45 Zelenskiy meets Palantir CEO as Ukraine expands artificial intelligence use in war 11:30 Hungary urged to revise anti-LGBTQ laws after EU court ruling 11:25 Dior transforms Nanjing pop-up store into giant cake installation 11:15 South Korea considers sharing “super-profits” from semiconductor boom 11:08 Morocco U17 squad intensifies preparations ahead of CAN opener 11:00 Canada to invest in Philippines economic corridor backed by allies 10:54 Google Gemini becomes technology sponsor of Iraq and Morocco national football teams 10:53 Morocco begins new leadership term at global chemical weapons body 10:45 Former Philippine drug war chief urges president not to surrender him to ICC 10:36 Police custody lifted for roommate after man found dead in Pontoise apartment 10:30 Indian Prime Minister Narendra Modi to visit UAE and Europe from May 15 to 20 10:27 Macron praises Morocco education reforms during Nairobi economic summit 10:19 Norway raises oil and gas revenue forecast to $78 billion for 2026 amid rising energy prices 10:15 Chinese automotive supplier Ningbo Gaofa chooses Morocco as its future industrial base 10:11 New statistical method could help identify extraterrestrial life signatures 10:04 French national exams cancelled in Lebanon and several Middle Eastern countries amid exceptional circumstances 10:00 Waymo recalls nearly 3,800 robotaxis over software safety issue 09:56 TikTok challenges EU ‘gatekeeper’ status at Europe’s top court over Big Tech rules 09:54 Biometric and DNA technologies raise new data protection concerns 09:45 Meta loses EU court battle over compensation for Italian publishers 09:38 Dembélé retains Ligue 1 player award after strong PSG season 09:30 Germany’s financial watchdog steps up AI inspections over rising cyber risks 09:23 Experts push AI and mobility investment strategy in Rabat region 09:15 EU plans stricter social media rules to protect children 09:04 Moroccan government highlights record response rate to parliamentary questions 09:00 African leaders call for fairer credit access at Nairobi summit 08:58 Morocco and US seek to rebalance trade partnership in Rabat 08:45 Morocco adopts new regional governance reform law 08:39 Turkey receives first emergency US oil shipment amid Hormuz crisis 08:30 Investors compete for Jardines’ KFC and Pizza Hut operations in Asia 08:15 Australian court orders Fortescue to compensate Indigenous community 08:12 Sol Borelli and Lukas Skinner win Morocco Mall Junior Pro Casablanca 08:00 India evaluates pressure on fuel retailers amid rising global oil prices 07:52 Morocco's Young Moroccan Architecture Awards launch third edition with 19 categories 07:45 KBC reports lower-than-expected profit amid geopolitical uncertainty 07:40 Le Poulet aux Olives heads to Rabat after two sellout nights in Casablanca 07:30 Washington increases sanctions to curb Iranian oil sales to China 07:21 Morocco's Young Moroccan Architecture Awards launch third edition with 19 categories 07:15 EU moves to strengthen supply of essential medicines 07:02 US naval blockade redirects 62 ships linked to Iranian trade 07:00 Starmer under pressure as resignation calls intensify in the UK

Keywords: Oil


Iran war: Donald Trump refuses deal with Tehran despite rising costs

More than two weeks after the outbreak of the Middle East conflict, U.S. President Donald Trump has ruled out any agreement with Iran for now, stating that the terms offered are “not good enough.” In an interview with NBC, Trump emphasized that a deal must be “very strong” and......

US strikes Iran’s Kharg island as Revolutionary Guards threaten UAE bases

United States forces struck Iran’s Kharg Island, the country’s primary oil export hub, as the conflict involving Iran entered its third week, while Iran’s Islamic Revolutionary Guard Corps warned that US military positions in the United Arab Emirates are now legitimate targets. The......

Oil shock from Iran conflict spreads surcharges across global economy

Companies around the world are rapidly introducing energy surcharges as the oil shock linked to the Iran conflict pushes costs higher across transport, manufacturing, agriculture, and consumer industries. Economists warn that the combination of rising inflation and slowing economic growth is reviving......

Bitcoin miners face greater risk from falling BTC price than oil surge

Bitcoin mining companies are more vulnerable to fluctuations in the price of Bitcoin than to rising electricity costs triggered by higher oil prices, according to a new analysis examining the impact of the Iran related oil shock on the cryptocurrency industry. A report released this week by Luxor Technology’s......

Iraq faces salary crisis as oil exports collapse during Iran conflict

Iraq is confronting a severe economic shock as the near collapse of its oil exports threatens the government’s ability to pay public sector salaries as early as next month. Officials warn that the country’s oil dependent economy is approaching a fiscal crisis after the disruption of its main......

European stocks record first consecutive weekly drop of 2026 amid Iran war

European equity markets posted their first back to back weekly decline of the year as the military confrontation involving Iran pushed oil prices higher and deepened economic uncertainty across the region. While energy producers and utilities gained from the surge in crude prices, banks, airlines, and......

MOL files complaint to EU over Croatian pipeline fees

Hungarian energy group MOL Group has lodged a complaint with the European Commission regarding the pricing policy of Croatian pipeline operator Jadranski Naftovod. The complaint concerns what the company describes as excessive transportation fees applied to crude oil shipments through the Adriatic pipeline......

Sugar prices rise as Middle East oil shock threatens Brazilian supply

Raw sugar futures climbed this week, trading above 14 cents per pound and rising roughly 7 percent over the past month as the escalating war involving Iran pushes oil prices higher and raises concerns about sugar production in Brazil. The rally follows a surge in crude prices after the conflict effectively......

Euro falls to 2026 low as Middle East oil crisis pressures Europe

The euro weakened for a fourth consecutive session on Thursday, sliding to its lowest level of 2026 as the U.S. and Israeli military campaign against Iran continued to disrupt global energy markets and weigh on Europe’s energy dependent economy. The European Central Bank’s reference rate......

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