Algeria-UAE relations collapse after months of growing strain
Algeria said Thursday it was cutting diplomatic ties with the United Arab Emirates following years of tension, with Algiers accusing
Global Trade
TotalEnergies flags new oil discovery, enters two exploration blocks in Angola
French oil major TotalEnergies on Thursday announced a new oil discovery in Angola and signed agreements to buy a 40%
Oil rises on concerns over Strait of Hormuz reopening plans
Oil extended gains on Friday amid further concerns around the opening of the Strait of Hormuz as Iran, working with
Oil prices fall on hopes Strait of Hormuz could reopen
Oil prices fell to a three-week low on Tuesday as senior US officials raised hopes of a deal with Iran
Belgium approves import ban on goods from occupied Palestinian territories
The Belgian federal government, at its final meeting before the summer recess, approved a series of measures, including an import
Oil jumps 4% as new military strikes threaten Hormuz shipments
Oil prices surged over 4% on Monday as energy shipments via the Strait of Hormuz remained under threat, with the
China’s push for a global yuan gains ground in one of Africa’s biggest oil economies
China’s campaign to expand the global use of the yuan has gained another foothold in Africa after oil-rich Angola allowed
Oil price falls back to pre-Iran war levels
The price of oil has fallen to levels not seen since before the Iran war as traffic through the key
IMF points to decline in commodity prices after US-Iran deal
International Monetary Fund (IMF) spokeswoman Julie Kozack said commodity prices fell following the cessation of conflicts in the Middle East
EU scales back Ukraine’s accession timetable due to Hungarian resistance
Faced with renewed resistance from Hungary, the EU has been forced to change plans and now aims to unblock two,