Breaking 07:15 France's inflation rises to 2.1% in July as energy and services drive consumer prices higher 17:30 Ford prepares for possible Chinese auto competition in the United States 17:15 UEFA threatens World Cup boycott over FIFA private investment plan as football power struggle intensifies 17:00 SNCF strike disrupts train services in normandy through August 2 16:45 Scale AI appoints former Google Cloud executive Francis DeSouza as CEO 16:30 Xiaomi unveils SkyNomad SUV family as EV maker targets growth before Europe expansion 16:15 Hundreds of migrants break through security controls in Ceuta amid renewed border pressure 16:00 Morocco cuts forest fire damage by 31% as faster response limits burned areas 15:45 Ferrari boosts second-quarter profitability as premium models and customization drive growth 15:30 Houthi fighters allegedly launched Saudi Arabia attack from Iraq, sources say 15:15 Morocco's long-term development strategy earns praise from Japanese academic 15:00 Cyanide poisoning suspected in deaths of 15 elephants at Kenya's amboseli national park 14:45 Morocco and Spain agree to return all migrants who entered Ceuta irregularly 14:30 Argentina moves to bar foreigners accused of spreading anti-Argentina hate speech 14:29 HM King Mohammed VI presides over Throne Day reception in M’diq to mark 27th anniversary of accession 14:15 Spain wildfire destroys more than 11,000 hectares near Portugal border as hundreds evacuate 14:00 Japan slashes food consumption tax to 1% in bid to ease inflation pressure 13:45 Severe El Niño threatens Latin America as UN warns of mounting agricultural risks 13:30 US economy cools in second quarter as consumer spending and AI investment sustain growth 13:15 Amazon's Zoox secures historic US approval for steering-wheel-free robotaxis 13:00 Bank Of England holds rates steady as growing Hawkish bloc signals inflation concerns 12:45 ASE Technology boosts 2026 investment by $2 billion as AI demand accelerates chip packaging growth 12:30 Vedanta Aluminium triples quarterly profit as soaring metal prices fuel strong debut 12:15 Noma returns with micro-season menus as René Redzepi steps away from daily leadership 12:00 MTU warns Franco-German fighter split could jeopardize Safran engine alliance 11:45 Sterling edges higher against euro before Bank of England decision as dollar gains on geopolitical tensions 11:30 Casino reports stronger first-half profitability as debt restructuring advances 11:22 The Royal Speech… a message of continuity and confidence in achievement 11:15 L’Oréal targets 2028 debut for Gucci Beauty as luxury partnership enters new era 11:14 Prada grows first-half revenue as Americas demand offsets luxury market challenges 11:07 Bombardier returns to positive free cash flow as private jet demand strengthens 11:00 China’s Communist Party schedules October leadership meeting to strengthen internal governance 10:50 Meta’s massive AI investment strategy exposes growing pressure over computing costs 10:45 Amazon and Walmart AI tools detect false ‘Made in USA’ claims but fail to act, study finds 10:45 China rebukes New Zealand after parliamentary remarks trigger diplomatic dispute 10:41 China signals broader deployment of YJ-20 hypersonic anti-ship missile across naval fleet 10:30 Capgemini raises 2026 growth outlook as agentic AI fuels business momentum 10:15 Germany approaches 10,000 heat-related deaths as extreme temperatures intensify 10:00 FC Barcelona moves closer to Morocco friendly as Tangier prepares for August showdown 09:45 Samsung’s AI-driven chip boom fuels 19-fold surge in second-quarter operating profit 09:30 Bernard Cazeneuve sets sights on France’s 2027 presidential election 09:15 Crete wildfires force evacuation of 8,000 people as deadly blaze threatens tourist resort 09:00 France's private-sector employment slips again in second quarter despite economic growth 08:45 Stellantis returns to profit as second-quarter revenue jumps 13%, reaffirming 2026 outlook 08:30 Australia takes Telegram to court over alleged failure to remove terrorist content 08:15 BTS to boycott 2027 Grammy Awards over new Asian pop category 08:00 Drax first-half profit falls 39% as lower UK electricity prices weigh on earnings 07:45 Gillette India reports higher quarterly profit as grooming business fuels revenue growth 07:30 Spain's economy outperforms forecasts as second-quarter growth accelerates

Keywords: Crude prices


US naval blockade redirects 62 ships linked to Iranian trade

The United States Central Command said more than 20 American warships are enforcing a naval blockade targeting Iran, with 62 commercial vessels redirected and four others neutralized since operations began on April 13. The campaign forms part of the Trump administration’s “Operation Economic......

Oil price surge threatens Germany with $46 billion economic hit, warns IW

Rising oil prices driven by escalating tensions in the Middle East are sending shockwaves through global economies, raising concerns about slower growth, higher inflation, and tighter monetary policy if crude prices remain elevated. Governments and central banks from Europe to Asia are confronting mounting......

Rising Middle East tensions raise concerns over global oil supply

Escalating tensions in the Middle East are fueling concerns about potential disruptions to global oil supplies, with analysts warning that crude prices could surge to levels not seen in years if the conflict intensifies. Iran plays a central role in the global energy landscape. The country ranks among......

Oil falls to four year low as global glut deepens

Oil prices have dropped to their lowest level in nearly four years, with Brent trading around 61 dollars a barrel on 6 January 2026, capping a historic slide driven by one of the largest supply surpluses in two decades. The December 2025 monthly average of 63 dollars a barrel was the weakest since early......

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