The International Energy Agency (IEA) on Wednesday sharply reduced its forecast for global oil demand this year, with supplies still crimped by the disruption of shipping through the Strait of Hormuz and high prices deterring buyers. Demand is expected to slump by 1.6 million barrels per day, compared with its forecast slump of one million…
The U.S. and Saudi militaries launched airstrikes late Tuesday on Iranian-backed groups in Iraq, U.S. Central Command said, after Iran and its proxies allegedly targeted American forces over the last few days. The strikes could pose a challenge to a five-day lull in U.S. attacks on Iran, as President Trump says he wants to give…
Fighters supporting the Aden-based internationally-recognised Yemeni government gather during a vigil along the Red Sea shore in Khokha, in Yemen’s western Hodeidah province on July 20, 2026, calling for a resumption of hostilities with the Huthi group currently controlling the capital Sanaa. (Photo by Khaled ZIAD / AFP via Getty Images) Khaled Ziad | Afp…
