World News

G7 nations to consider emergency oil release amid global price surge

G7 nations are set to discuss a coordinated oil release from strategic reserves via the International Energy Agency as the West Asia conflict pushes crude prices higher and raises supply concerns

Saudi Aramco offers spot crude as war disrupts global oil supplies

Some of the oil was offered on a delivered basis from a supertanker, carrying 2 million barrels of crude, positioned near Taiwan, which was eventually purchased by a Japanese refiner

Bangladesh closes universities to save electricity, fuel amid energy crisis

Authorities said the decision applies to all public and private universities across the country

Human Rights Watch says Israel used white phosphorus in southern Lebanon

Human rights advocates say the use of white phosphorus is illegal under international law when the white-hot chemical substance is fired into populated areas

Crude oil prices spike above $115 a barrel as Iran war impedes production

The price for a barrel of Brent crude, the international standard, surged to $119.50 per barrel but later was trading at $112.98

Bahrain's state oil firm declares 'force majeure' after Iran attack

Force majeure is a legal manoeuvre that releases a company from its contractual obligations because of extraordinary circumstances

China's billions of dollars are at risk from a widening war in West Asia

The region became a hub for China's investments and a growing market for its steel, EVs and solar panels, now all at risk

China inflation hits 3 year high after holiday boost as oil shock looms

Core CPI, which excludes volatile items such as food and energy, hit 1.8 per cent - the highest since 2019

Ex-Google AI researcher launches robotics startup 'Integral AI' in Tokyo

The 15-person startup is holding initial discussions with Toyota Motor, Sony Group, Honda Motor, Nissan Motor and Mitsui Chemicals to pitch them on how AI can advance manufacturing processes

Nepal polls: RSP wins 124 seats, heads toward two-thirds majority

Nepal is set to witness its first Madhesi prime minister, Balendra Shah, who will also be the youngest elected executive head in the history of Nepal

Why China cut its GDP growth target to 4.5-5% as risks mount in 2026

China has lowered its 2026 growth target to 4.5-5%, the lowest since 1991, as weak domestic demand, property sector troubles and rising global tensions add uncertainty to the nation

Saudi, UAE pipelines may cushion oil shock, decide outcome of Iran war

The strait is a choke point for about 20 million barrels a day of crude and refined products - equal to a fifth of global consumption

Japan set to deploy first batch of home-developed long-range missile

The upgraded Type-12 missile, developed and produced by Mitsubishi Heavy Industries, has a range of about 1,000 km and can reach mainland China

Asia's ultra-rich having second thoughts on Dubai as Iran war rages

Dubai's ascent as a burgeoning finance and wealth hub faces a test as the US-Israeli war with Iran hits close to home

China raises nuclear capacity target despite missing earlier goals

The government last week set a goal of 110 gigawatts of nuclear capacity by 2030 in its latest five-year plan draft, a 76 per cent jump from the end of last year

Qatar LNG pause may flip global supply surplus into deficit: Morgan Stanley

Analysts at Morgan Stanley said that if the LNG outage in Qatar extends beyond a month, the global LNG market forecast could quickly swing from surplus to deficit

4 children critically injured in Iranian drone attack on Bahrain's Sitra

Bahrain says Iranian drone strike hit Sitra area, leaving several casualties and damaging a desalination plant as regional tensions escalate

All about Mojtaba Khamenei, Iran's new Supreme leader after Ali Khamenei

Iran's Assembly of Experts has named Mojtaba Khamenei as the new Supreme Leader after the death of Ali Khamenei. Here's what to know about the cleric and his rise in Iran's power structure

'We shall not falter': Iran FM backs new supreme leader Mojtaba Khamenei

Foreign Minister went on to issue a formal commitment on behalf of the diplomatic and security apparatus to the new Leader of the Revolution

US capabilities 'overwhelming' compared to Iran's: US War Secy Pete Hegseth

The ongoing conflict involving the United States, Israel and Iran entered its second week