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December 7, 2025
The G7 plan to ban tankers from transporting Russian oil raises the stakes in the West-Moscow economic standoff, but whether governments ratchet sanctions up on those who skirt the sanctions will determine the final outcome. The West will need to move quickly…
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December 5, 2025
The G7 plan to ban tankers from transporting Russian oil raises the stakes in the West-Moscow economic standoff, but whether governments will increase punishments for those who skirt sanctions is the real question. The West will need to move quickly…
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November 30, 2025
The SailGP 2025 Championship was won by Britain on Sunday. They beat New Zealand and Australia to win the championship and $2 million. Dylan Fletcher of Emirates GBR said that the victory was "unbelievable" and that he felt "overjoyed right now"…
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November 30, 2025
On Sunday, Britain, New Zealand, and Australia made it to the $2 million SailGP championship grand final, while Spain, a defensive team, narrowly missed out. After racing in the final event of SailGP 2025's season, the trio secured their place in the winner-takes all final.
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November 29, 2025
Iran's official media reported that the Sahand destroyer which capsized last year during repairs has been recommissioned in the Iranian Navy, along with the Kurdistan float base. Press TV in English said that the move was aimed at "strengthening Naval Combat Capability…
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November 27, 2025
Abu Dhabi will offer tricky light winds, a compact course and a $2 million prize for teams competing for a spot in the SailGP Grand Final this weekend. SailGP’s fifth season culminates in a race where the crew with the highest score wins it all. This is called Formula One on the water.
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November 27, 2025
Turkey announced on Thursday that contractors have begun building a naval aircraft destroyer. The vessel will be part of the multi-layered "Steel Dome", or air defence system, planned by the country. NATO member Turkey announced its first plans to build Steel Dome…
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November 27, 2025
The European Union, Britain, and the U.S. imposed a number of sanctions on Russia for its involvement in the war in Ukraine. The U.S. targeted Russia’s two largest oil producers in October: Rosneft, and Lukoil. Here is a list of the most important…
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November 24, 2025
New Zealand's Black Foils have a quiet confidence as they head into the SailGP season finale. Peter Burling has declared that his team is exactly where he wants them to be, as the championship showdown in Abu Dhabi looms. The Kiwis are heading…
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November 24, 2025
Saudi Arabia's General Food Security Authority, which is the main government wheat purchasing agency, announced on Monday that it had purchased 300,000 metric tonnes of wheat through a tender. The agency stated that the purchase was for hard wheat with a 12.5% protein content…
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November 23, 2025
The Turkish president Tayyip Erdoan said that he will have a telephone call with his Russian counterpart Vladimir Putin to discuss the peace efforts in Ukraine. He added that he will also ask him for a restart of a deal to ensure the safe passage grain via the Black Sea.
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November 13, 2025
The Turkish defence ministry stated on Thursday that it is too early to determine what caused a military cargo aircraft crash in Georgia this week, in which 20 soldiers were killed. Inspections are continuing. The C-130 cargo plane had left Azerbaijan to Turkey when it crashed on Tuesday…
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November 13, 2025
The Turkish defence ministry stated on Thursday that it is too early to determine what caused a military cargo aircraft crash in Georgia this week, in which 20 soldiers were killed. Inspections are continuing. The C-130 cargo plane had left Azerbaijan to Turkey when it crashed on Tuesday.
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November 3, 2025
According to preliminary data from Kpler, OilX and Kpler, India's crude imports from Russia should have increased slightly from the previous month, despite pressure from Washington. Kpler data shows that India's Russian crude oil imports increased to 1.48 million barrels a day (bpd)…
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October 30, 2025
Indian Oil, a state-run refiner, has called for initial bids on 24 million barrels from the Americas to be used in the quarter of 2026 between January and March. According to the document, the tender is looking for both low and high sulphur crude oils.
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October 29, 2025
Saudi Arabia plans to move its $925 billion sovereign fund from the focus on mega-projects in real estate that has dominated the country's development goals over the past decade, according to a source who is familiar with the plans. Crown Prince Mohammed bin Salman (also known as MbS)…
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October 28, 2025
In talks between Prime Minister Sanae Takayi and President Donald Trump, the U.S. revealed that 20 companies were interested in key projects such as critical minerals and AI. Tokyo may have agreed to invest $550 billion in the U.S. as part of an agreement on tariffs.
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October 14, 2025
Following the peace summit held in Egypt on Monday, FIFA President Gianni Infantino promised to support efforts to rebuild the football infrastructure in Gaza. This is part of a larger post-war reconstruction effort. Infantino attended the meeting in Sharm El-Sheikh, a resort on the Red Sea.
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October 9, 2025
On Thursday, President Donald Trump's administration announced that the U.S. had imposed sanctions against about 100 individuals and entities, including a Chinese refinery and terminal independent of China, which helped Iran in its oil and petrochemicals trading.
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September 23, 2025
Seatrium Limited, a Singapore-based company, announced on Tuesday that it had reached an agreement to sell the "surplus" AmFELS Yard Shipbuilding Facility in Texas to Karpowership. The price is $50.67million. AmFELS Yard in Brownsville builds…
