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Search Result for “oil market impact”

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WORLD

Peace efforts stall as US examines latest Iran proposal

AFP, Published on 28/04/2026

» WASHINGTON (UNITED STATES) - Efforts to end the Middle East war appeared at a standstill on Tuesday, with the US considering Tehran's latest offer to unblock the Strait of Hormuz, and Iran saying Washington could no longer dictate terms.

WORLD

EU urges Asean to shun Russian oil

Reuters, Published on 28/04/2026

» BANDAR SERI BEGAWAN, Brunei - The European Union’s top diplomat has urged partner countries in Southeast Asia not to turn to Russia for oil supplies as they try to cope with ​widespread fuel shortages caused ⁠by the Middle East conflict.

WORLD

Russian oligarch’s superyacht clears Hormuz

The New York Times, Published on 28/04/2026

» A luxury superyacht linked to a Russian oligarch passed through the Strait of Hormuz over the weekend, data showed Tuesday, despite the parallel blockades maintained there by the United States and Iran.

WORLD

UK launches appeal to uphold Palestine Action ban

Reuters, Published on 28/04/2026

» LONDON - The British government ⁠on Tuesday ⁠sought to uphold a ​ban on the pro-Palestinian group Palestine Action, which it has designated a terrorist ​organisation, after a court ‌ruling that the move unlawfully interfered with freedom of expression.

WORLD

War in the Middle East: latest developments

AFP, Published on 28/04/2026

» PARIS — The latest developments in the Middle East war:

WORLD

S. Korea probes syringe hoarding as war hits plastic makers

AFP, Published on 28/04/2026

» SEOUL - South Korean police said on Tuesday they were investigating firms suspected of hoarding medical syringes, as the Middle East war hits supplies of an oil-derived component crucial for making many plastic goods.

WORLD

Crude price edges up as Trump considers latest Iran proposal

AFP, Published on 28/04/2026

» HONG KONG - Oil prices edged up and stocks wavered Tuesday as Donald Trump weighed an Iranian proposal that would reportedly re-open the Strait of Hormuz and end the eight-week-old war.

WORLD

Nations gather for fossil-fuel exit talks

AFP, Published on 28/04/2026

» SANTA MARTA, Colombia - Representatives of about 50 governments meet in Colombia on Tuesday for the first international talks on phasing out planet-heating fossil fuels, against a  backdrop of the Iran war and a global energy crunch.

WORLD

Horses unlikely saviours for those who serve in uniform

AFP, Published on 28/04/2026

» WINDSOR — Members of the armed forces and the police may put their lives on the line for their country but even they have their mental and physical limits and often it is horses, not humans, who can provide salvation.

WORLD

Trains collide near Jakarta, killing seven, injuring dozens

AFP, Published on 28/04/2026

» BEKASI, Indonesia - Rescuers were racing to reach survivors on Tuesday morning outside Indonesia's capital Jakarta after two trains collided overnight, killing at least seven people and injuring dozens.