Breaking 17:30 Scotland: Ex-husband of former first minister pleads guilty to embezzlement 17:15 Aurora Ventures launches platform to support women entrepreneurs in emerging markets 17:00 Turkey’s pro-Kurdish party condemns ousting of main opposition leadership 16:45 Trump urges Saudi Arabia and Qatar to sign Abraham Accords amid US–Iran peace talks 16:30 Sweden reaches its target with fewer than 5% daily smokers 16:20 Morocco gaming expo 2026 positions Morocco as video game industry 16:15 Brazil’s Lula starts preventive radiotherapy after skin lesion removal 16:14 Morocco faces rising concerns over insect proliferation outbreaks 16:00 Russian Orthodox cleric denies link to white substance found in car by Czech police 15:50 Nawal Sfendla completes Everest and Lhotse double ascent feat 15:45 Nigeria economic growth slows slightly in first quarter of 2026 15:32 Nestlé faces criticism in Morocco over sugar in infant cereals 15:30 Bolivia president cuts salary by 50% amid national protests 15:20 WUF13 in Baku reshapes global urban development agenda 15:15 Global companies in India rethink hiring strategies as AI transforms skill demand 15:00 New IMA President praises Morocco’s cultural momentum under HM King Mohammed VI 14:50 Rubio says India commits to massive $500 billion US imports 14:45 Ghana reviews Gold Fields Tarkwa mining lease under new conditions 14:30 Eni and partners approve new development phase for Ivory Coast energy project 14:27 Mehdi Tazi urges Moroccan diaspora shift to productive investment 14:18 Morocco’s dam reserves climb to nearly 76 percent capacity 14:15 HM King Mohammed VI congratulates Jordan on the 80th Anniversary of independence 14:00 Two French nationals missing at sea near Tangier after Catamaran incident 14:00 BTR New Material expands Morocco ambitions with major industrial projects 13:45 Moroccan lemon exports head toward a record-breaking season 13:43 Morocco maintains stable position in Africa’s tech investment market 13:37 Buterin defends Ethereum Foundation neutrality amid token price criticism 13:30 Deadly train bombing in Pakistan leaves more than 30 dead 13:16 Japan and South Korea face worsening naphtha shortages amid Hormuz disruption 13:15 Moroccan government advances regional health reform in Souss-Massa 13:05 Palestinian death toll surpasses 900 during Gaza ceasefire 13:00 Attijariwafa Bank launches “Simple”, Morocco’s first neobank 12:45 Portugal flag carrier TAP’s loss shrinks 63%, warns of fuel price pressure ahead 12:30 Aïd Al-Adha: The CGEM calls on private sector companies to declare May 29 a holiday 12:15 OMPIC reports 25,520 new businesses created in Morocco in three months 12:00 Trump and Warsh’s fates are now tied, for better or worse 11:45 Greek police arrest 20 in Crete over suspected EU farm subsidies fraud 11:30 Over one million muslims begin Hajj in Mecca amid extreme heat and Middle East tensions 11:25 Ukraine demands urgent UN meeting after massive Kyiv strike 11:20 Xi Jinping backs Pakistan mediation in US Iran war talks 11:15 Jardine Matheson to acquire Australia’s I-MED for $2.4 billion in major healthcare expansion 11:00 Belarusian opposition leader Sviatlana Tsikhanouskaya visits Kyiv in a symbol of solidarity 10:55 Ferrari unveils Luce as its first fully electric supercar 10:45 RFI launches Armenian-language service ahead of legislative elections to combat disinformation 10:30 Around twenty injured after man sprays unknown substance in Tokyo shopping mall 10:28 Oil and gas shipping resumes in Strait of Hormuz 10:15 China’s President receives Pakistan’s prime minister in Beijing for high-level talks 10:04 EU coalition urges tougher trade measures against China 10:00 Schneider Electric sees India data center business outpacing core growth on AI boom 09:57 Pope Leo urges the world to slow down on artificial intelligence in first major manifesto 09:54 Kostyuk wins Roland Garros match amid Kyiv missile strike tension 09:45 DGSN open days in Rabat attract over 3 million visitors in record attendance 09:41 Bitcoin surge above 78000 triggers 180 million shorts liquidation 09:30 Latvia’s Kulbergs moves to form four-party coalition government 09:25 Africa receives only a tenth of required climate finance 09:15 Prison protest in Venezuela raises new concerns over human rights conditions 09:00 Deadly mine explosion in China leaves 82 dead as rescue operations continue 08:53 Measles outbreak in Bangladesh surpasses 500 deaths as hospitals struggle 08:45 India becomes net importer of finished steel as domestic demand rises 08:33 Chinese vessel withdraws after 33-hour Pratas Islands standoff 08:30 Delivery Hero shares surge after reports of possible Uber acquisition bid 08:18 Finland’s Stubb signals readiness to lead EU talks with Russia 08:15 Myanmar military intensifies operations in rare earth and border regions 08:00 Italy’s state investor CDP moves to increase stake in payments giant Nexi 07:56 Indian sailor recounts deadly missile strike on tanker near Hormuz Strait 07:45 Rubio warns U.S. could pursue “Another Way” if Iran talks collapse 07:39 Huawei unveils chip architecture targeting 1.4 nm performance by 2031 07:30 Huawei’s “Chip Queen” becomes a symbol of China’s technological ambitions 07:20 Five NATO allies block military aid spending target for Ukraine 07:15 Global tensions overshadow Singapore’s major defence summit 07:00 Senegal faces political uncertainty after resignation of National Assembly speaker 06:59 DR Congo Ebola outbreak surpasses 1,000 cases amid rapid spread fears

Keywords: Oil reserves


G7 pledges action as energy crisis drives inflation surge in Europe

Finance and energy ministers from the Group of Seven met virtually on Monday alongside central bank governors as Europe faced mounting economic pressure from the energy shock linked to the conflict involving Iran. New data showed German inflation rising to its highest level in over a year, underscoring......

Japan requests additional coordinated oil stockpile release amid Middle East tensions

Japanese Prime Minister Sanae Takaichi met with International Energy Agency (IEA) Executive Director Fatih Birol on Wednesday to request an additional coordinated release of oil stockpiles. The move aims to safeguard Japan against potential disruptions from the ongoing Middle East conflict. Japan had......

Pakistan cancels military parade as oil crisis triggers austerity across Asia

A severe energy crisis linked to the war in Iran is forcing governments across Asia to impose emergency austerity measures, as disruptions in the Strait of Hormuz choke vital oil and gas supplies to heavily import-dependent economies. Pakistan announced it would cancel its annual Pakistan Day military......

Hormuz traffic partially resumes as oil prices surge on Gulf attacks

Global oil prices climbed sharply on Tuesday as renewed Iranian attacks on energy infrastructure in the Gulf reversed a brief decline, with Brent closing above 100 dollars per barrel and US crude gaining nearly 3 percent on the day. The rally comes as the conflict involving the United States and Israel......

Spain approves release of oil reserves to ease supply disruptions

The government of Spain has approved the release of up to 11.5 million barrels of oil from its strategic reserves in response to ongoing supply disruptions affecting global energy markets. The decision comes amid concerns over reduced oil flows linked to the partial closure of the Strait of Hormuz,......

Oil prices exceed 100 dollars as Strait of Hormuz crisis deepens

Oil prices climbed above 100 dollars per barrel at the start of the week as the conflict involving the United States, Israel, and Iran entered its third week, raising concerns about prolonged disruption to global energy supplies. West Texas Intermediate, the main United States benchmark, rose to around......

UN climate chief warns fossil fuel dependence threatens Europe’s security

The head of the United Nations climate body warned that Europe’s reliance on imported fossil fuels undermines the continent’s security and economic stability, urging policymakers to accelerate the shift toward renewable energy. Simon Stiell, executive secretary of the United Nations Framework......

Japan begins releasing oil reserves in largest IEA stockpile draw

Japan began releasing strategic oil reserves on Monday as part of what the International Energy Agency described as the largest coordinated drawdown of emergency stockpiles in its more than 50 year history. The move forms part of a joint effort by 32 countries to counter the supply shock triggered by......

G7 Countries release strategic oil reserves ahead of leaders’ meeting

Several G7 nations have announced the release of strategic oil reserves in response to rising energy prices, ahead of a scheduled leaders’ meeting. Japan and Germany took the initiative to ease market pressures caused by the ongoing Middle East conflict, signaling coordinated action among the world’s......

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