Energy

Oil tops $105 as Strait of Hormuz standoff fuels global energy fears

Brent crude surged above $105 per barrel this week as escalating tensions between the United States and Iran disrupted traffic through the Strait of Hormuz, a critical global oil route. The benchmark settled at $105.07 on Thursday and held near...

Chinese solar exports surge to record high amid global energy shock

China’s solar exports reached an unprecedented level in March 2026, as countries across Asia and Africa accelerated their transition toward renewable energy in response to rising fossil fuel prices and geopolitical instability. According to data analyzed by global energy think...

UAE commits to invest $1.4 trillion in US over 10 years during Trump’s Gulf tour

UAE has announced to invest $1.4 trillion in the United States over the next ten years during Trump's visit to the Emirates.

Kazakhstan and UAE expand partnership with $5 billion in new agreements

Kazakhstan and the United Arab Emirates (UAE) have significantly expanded their strategic and economic partnership, underscored by the official visit of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, to Nur-Sultan. Hosted...

Trump secures $600 billion Saudi investment deals during Middle East trip

U.S President Donald Trump unveiled what the White House described as a historic $600 billion package of agreements between the United States and Saudi Arabia.

China and Azerbaijan deepen ties with comprehensive strategic pact, visa-free travel, and 20 agreements

Chinese President Xi Jinping and Azerbaijani President Ilham Aliyev formally elevated bilateral relations to the level of a comprehensive strategic partnership during high-level talks in Beijing

India and Sri Lanka solidify Defense and Energy ties during Modi’s visit

Indian Prime Minister Narendra Modi’s three-day visit to Sri Lanka in early April 2025 proved pivotal in fortifying the two nations' growing cooperation, particularly in the defense and energy sectors. This marked the first visit by a foreign leader to...

China launches $138 billion fund to accelerate innovation in AI, chips and quantum tech

China is launching a 1 trillion yuan ($138 billion) government-backed fund to support its rapidly advancing technology sector.

Estonia, Latvia and Lithuania plug into EU power grid, disconnecting from Soviet-era network

More than three decades after gaining independence from the Soviet Union, Estonia, Latvia, and Lithuania have officially disconnected from Russia's electricity grid, marking their full integration into EU power grid.

Honda 0 Series EVs and Sony and Honda’s Afeela EV unveiled at CES 2025

Honda showcased its latest EV, the 0 SUV, at Consumer Electronics Show (CES) 2025 on January 7, marking the second model in its 0 Series lineup after the 0 Saloon introduced last year. The battery-electric Honda Zero prototypes are the...
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Turkish defense firms sign $8 billion deals at SAHA 2026 Expo

Turkish defense companies signed nearly $8 billion in export contracts within the first three days of the SAHA 2026 International Defense and Aerospace Exhibition
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