BIZARRE: 11 | Mind Blowing Facts

Trump’s ‘little war’ with Iran just got a lot bigger

Trump’s strategy of economically strangling Iran may be increasing rather than reducing the risk of a wider Middle East war. As Tehran and its Houthi allies threaten shipping around both the Strait of Hormuz and Bab el-Mandeb, the conflict could outlast Trump’s presidency and reshape the regional balance of power.

The Economic Times · Sep 14

When it comes to crude oil prices, it's all about location, location, location

Crude oil prices show a significant divergence as conflict escalates in the Middle East. Barrels facing transit risks are heavily discounted, while freely moving oil commands premiums. The Bab el-Mandeb strait's potential closure and pipeline attacks are impacting global supply routes. Oil outside the Persian Gulf is increasingly expensive, especially…

The Economic Times · Sep 14

Oil Price Today (September 14): Crude oil jumps 3% to near $108/barrel as Middle East tensions escalate. What are analysts warning?

Oil prices experienced a significant spike on Monday, approaching $108 per barrel, amid rising tensions in the Middle East. Recent attacks on vessels in the Gulf have left global energy markets uneasy, compounded by the closure of a vital Saudi oil pipeline. Experts foresee oil prices potentially climbing to $120…

The Economic Times · Sep 14

First case of bird flu in endangered Australian sea lion confirmed – as it happened

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The Guardian - AU · Sep 12

Saudi Arabia closes East-West pipeline as Houthis tighten grip on Red Sea

Saudi Arabia on Saturday ​shut down the vital East-West pipeline after the conduit came under attack in the widening Middle East war, threatening to send energy prices soaring. The 1,200-km pipeline has served as the main route out for global ​supplies of Middle East oil for the ‌past six months…

France 24 · Sep 12

Iran and UAE back joint BRICS statement urging restraint in war

Iran and the United Arab Emirates joined a BRICS statement urging Middle East restraint. This move signals diplomatic progress between the two nations after recent conflict escalations. Leaders met on the summit's first day to discuss regional stability and development efforts. The BRICS bloc aims to challenge the existing world…

The Economic Times · Sep 12

BRICS leaders adopt New Delhi declaration, voice concerns over 'unilateral' tariffs and non-tariff trade barriers

BRICS leaders adopted the New Delhi Declaration, expressing serious concern over rising unilateral tariffs. The bloc also condemned coercive measures contrary to international law. Discussions continue for practical cross-border payment solutions among member nations. Prime Minister Modi called for greater Global South representation in global decision-making. Leaders attended the summit,…

The Economic Times · Sep 12

Xi Jinping urges BRICS to stand on ‘right side of history’, calls for peace in Middle East

Chinese President Xi Jinping urged BRICS nations to champion peace and stability globally. He specifically highlighted the ongoing Middle East war and its severe regional losses. Xi called for BRICS members to play a pioneering role in achieving peace. China will collaborate with other BRICS members on this critical initiative.…

The Economic Times · Sep 12

Brics leaders gather in New Delhi as bloc seeks greater global influence

Leaders of the Brics nations are gathering in New Delhi on Saturday for talks aimed at strengthening trade and investment ties and giving emerging economies a greater voice on the world stage, as conflicts in Ukraine and the Middle East test the expanding bloc’s unity.

Radio France Internationale · Sep 12

BRICS leaders call for 'maximum restraint' as Middle East war threatens unity

BRICS leaders meeting in New Delhi on Saturday unanimously adopted a joint declaration expressing "deep concern" over the war in the Middle East and urging maximum restraint. The statement was seen as indirect criticism of US and Israeli strikes on Iranian nuclear facilities.

France 24 · Sep 12