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Search Result for “domestic petroleum supply”

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WORLD

Iran truce spurs hopes for world economy, but recovery will be rocky

AFP, Published on 08/04/2026

» PARIS (FRANCE) - The ceasefire agreed between Iran and the United States should bring some relief to a world economy that has been roiled since the start of hostilities on February 28, even if not all sectors will rebound at the same pace.

WORLD

Jet fuel supplies to take 'months' to recover from war disruption: IATA

AFP, Published on 08/04/2026

» SINGAPORE - It will take months for jet fuel supplies and prices to normalise even with the Strait of Hormuz open, the head of the International Air Transport Association (IATA) said on Wednesday.

WORLD

Oil rises, stocks fall as Trump's Iran deadline looms

AFP, Published on 07/04/2026

» LONDON - Oil prices jumped Tuesday and stocks fell after US-Israeli strikes on the key Iranian oil export terminal of Kharg island, with investors bracing for US President Donald Trump's looming deadline for Iran to reopen the Strait of Hormuz or face devastating attacks.

WORLD

Middle East war: global economic fallout

AFP, Published on 07/04/2026

» PARIS — Here are the latest economic events in the Middle East war:

WORLD

Vietnam's top leader To Lam wins state presidency, gets China-style mandate

Reuters, Published on 07/04/2026

» HANOI - Vietnam's lawmakers on Tuesday ‌unanimously elected Communist Party Secretary General To Lam as the country's state president for the next five years, making him the most powerful Vietnamese leader in decades.

WORLD

OPEC+ hikes oil production quotas, issues warning

AFP, Published on 06/04/2026

» VIENNA - The OPEC+ oil cartel agreed on Sunday to again increase oil production quotas, while warning that repairing energy facilities, such as those damaged in the Middle East war, is "costly and takes a long time".

WORLD

Kuwait says Iranian drones strike oil sector complex, power, government sites

Reuters, Published on 05/04/2026

» Kuwait Petroleum Corporation said ​a fire broke ‌out in its Shuwaikh oil sector complex, which houses the oil ministry and KPC headquarters, after a ​drone ⁠attack, the Kuwaiti state news agency reported early on Sunday.

WORLD

Downed planes raise new perils for Trump

Reuters, Published on 04/04/2026

» Two ‌US warplanes were downed over Iran and the Gulf, Iranian and US officials said on Friday, with two pilots rescued and a third still missing and being hunted by Tehran’s forces.

WORLD

AI-generated 'Fruit Love Island' takes TikTok by storm

AFP, Published on 03/04/2026

» TOKYO - Millions of people have been gripped by the juicy twists of an AI-generated TikTok micro-series based on the television hit "Love Island" -- except all the participants are sexy human-like fruit.

WORLD

Humans and AI team up to fight extremism

Reuters, Published on 02/04/2026

» SYDNEY - People who show violent extremist tendencies on ChatGPT will be ​directed to human and chatbot-based deradicalisation support through a new tool in development in ‌New Zealand, the people behind it say.