Economy & Energy

Economy & Energy
Energy Markets

US and UK Impose Harsh Sanctions on Russian Oil Industry to Curb War Funding

The Biden administration has announced some of its most stringent sanctions yet on Russia, targeting the nation’s oil industry in an effort to.

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Energy Markets

Ukrainian Drone Strikes Target Russian Fuel Depot and Energy Infrastructure

Ukrainian drones struck a major Russian fuel depot in the southern Oryol region on Sunday, marking the second attack on the facility within.

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War Economies

Israel’s Tech Sector Thrives Amid War: $13.4 Billion in Exits, Led by Cybersecurity and AI

Despite ongoing conflict and geopolitical uncertainties, Israel’s tech sector has defied the odds in 2024, achieving a remarkable 78% surge in exit value.

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War Economies

US Allocates $20 Billion to Ukraine Using Seized Russian Assets

The United States has allocated $20 billion to Ukraine, sourced from profits generated by seized Russian assets. This financial aid represents a significant.

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Energy Markets

Russia Supplies North Korea with Oil in Exchange for Military Support

Russia has reportedly supplied North Korea with over a million barrels of oil since March 2024, according to satellite imagery analysis conducted by.

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Food & Supply Chains

UK PM Warns Russia Endangering Global Food Security with Black Sea Attacks

Prime Minister Sir Keir Starmer has raised concerns about Russia’s intensified strikes on Ukrainian Black Sea ports, which are delaying agricultural exports, including.

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War Economies

Israel Faces Tough Economic Choices Amid War Costs

As Israel’s military operations against Hamas and Hezbollah continue, the conflict’s financial burden is becoming increasingly evident. Beyond the tragic loss of life,.

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Energy Markets

Oil Prices Plunge as Israel Eases Off Iran Strike Threat

Oil prices fell sharply on Tuesday as fears of an Israeli strike on Iran’s oil infrastructure eased, coupled with reports suggesting Saudi Arabia.

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Food & Supply Chains

Saudi Arabia Dispatches Second Relief Plane to Lebanon

Saudi Arabia’s second relief flight, organized by the King Salman Humanitarian Aid and Relief Center (KSrelief), took off from King Khalid International Airport.

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Energy Markets

Oil Prices Surge Amid U.S.-Israel Discussions on Iran Strikes

The price of oil has surged by 5% following U.S. President Joe Biden’s statement about discussions regarding potential strikes by Israel on Iran’s.

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