Norway's state oil company Equinor reported nearly doubled profits of $11.5bn in Q2, exceeding predictions, driven by increased oil and gas production and soaring prices due to the war against Iran and a blockade in the Strait of Hormuz.
An 11-year-old girl, missing since Saturday, was found dead in a sack in Baruipur, West Bengal. Protests erupted, leading to a road blockade. Police have detained one person and are investigating the cause of death, with allegations of forced abduction.
Bolivia's President Rodrigo Paz declared a state of emergency following weeks of protests against austerity measures. The Legislative Assembly approved the decree, allowing armed forces to support police in restoring order and reopening roads. While authorities reported no active blockades on Sunday, significant repairs are needed, and rights observers warn of long-term unrest if underlying issues aren't addressed.
Bolivia's President Luis Arce has declared a state of emergency to clear road blockades by demonstrators protesting austerity measures and land reform. The move grants him broader powers to end disruptions that have caused shortages and paralyzed parts of the nation. Congress must approve the measure within 72 hours.
Bolivia's President Rodrigo Paz declared a state of emergency after six weeks of protests and road blockades demanding his resignation. The crisis began in May when Paz scrapped fuel subsidies, leading to price spikes and nationwide demonstrations by labor unions and supporters of former President Evo Morales.
Bolivia's President Paz declared a state of emergency to quell protests disrupting essential supplies. The move grants broader powers to deploy armed forces and address ongoing blockades, which stem from subsidy cuts and broader economic discontent.
Bolivia's President Rodrigo Paz declared a state of emergency after nearly 50 days of anti-government protests over living costs and economic hardship escalated. The move allows the military to clear blockades disrupting food, fuel, and medicine supplies nationwide.
Bolivia's main trade union, Cob, has rejected a dialogue proposal from President Rodrigo Paz's government and will maintain road blockades that have isolated La Paz for a month. The union demands the president's immediate resignation, citing a lack of political guarantees and alleged police repression.
Bolivia faces widespread paralysis with 59 road blockades in 6 regions, led by farmers and Evo Morales supporters demanding President Rodrigo Paz's resignation. The 19-day protests have led to shortages and price hikes, with authorities failing to clear key routes.
The US and Iran are reportedly close to a 60-day ceasefire agreement that would reopen the Strait of Hormuz, allow Iran to resume oil exports, and include talks on curbing its nuclear program, according to Axios.
Bolivia's President Rodrigo Paz faces a severe crisis with widespread protests and blockades paralyzing the capital, La Paz. Unions and peasant groups demand wage increases and fuel supplies, while ex-President Evo Morales is accused of fueling unrest to evade legal charges. The protests are costing the economy over $50 million daily.
Bolivia's President Rodrigo Paz faces a severe crisis with widespread protests and blockades paralyzing the capital, La Paz. The unrest, led by unions and peasant groups demanding wage increases and fuel, has resulted in market shortages, depleted hospital oxygen, and at least three reported deaths due to blocked emergency vehicles. Supporters of ex-president Evo Morales also clashed with police, demanding Paz's resignation.
Thousands protested in La Paz, Bolivia, demanding President Rodrigo Paz's resignation amid an economic crisis. Clashes with riot police, arrests, and injuries were reported. The government blames political operatives linked to former president Evo Morales.
New West Bengal CM Suvendu Adhikari has instructed police to curb loudspeaker noise beyond religious sites and prevent road blockades by congregations. The directives also include zero tolerance for illegal mining, cattle smuggling, and crimes against women, with a focus on reopening post-poll violence cases and enforcing strict laws against communal incitement.
New West Bengal CM Suvendu Adhikari has instructed police to curb loudspeaker noise beyond religious sites and prevent road blockades by congregations. The directives also include zero tolerance for illegal mining, cattle smuggling, and crimes against women, with a focus on reopening post-poll violence cases and enforcing strict laws against communal incitement.
Iran and the US are reportedly in talks for a temporary truce, aiming to reopen the Strait of Hormuz and pave the way for broader nuclear negotiations. A 30-day pause in hostilities is proposed, with discussions focusing on lifting shipping blockades and ending military actions. More complex issues like sanctions relief and Iran's nuclear program remain under negotiation.
From research reactors and Western contracts to blockades and threats of war, Iran’s nuclear history is also a history of Western reversal Read Full Article at RT.com
The UAE's abrupt exit from OPEC represents a significant strategic shift, ending decades of membership dating back to before the nation's 1971 founding. As the cartel's second-largest swing producer with substantial spare capacity, the UAE now seeks to maximize oil output to 5 million barrels per day. The timing reflects Gulf tensions and strained relationships with Iran and Saudi Arabia, potentially triggering an oil price war that poorer OPEC members may struggle to survive.
Baker Hughes is assuming the Strait of Hormuz may not fully reopen for months, with the company guiding that the U.S.-Iran conflict continues through end of June. The closure has impacted 10% of global oil volumes and 20% of global LNG supplies. A Federal Reserve Bank of Dallas survey found 80% of nearly 100 oil and gas executives believe the strait will not reopen until August or later.
Baker Hughes CFO says the Strait of Hormuz will likely not fully reopen for months, with operations not expected until the second half of 2026. A Dallas Fed survey shows nearly 80% of oil and gas executives believe the strait won't reopen until August or later. The closure has impacted 10% of global oil volumes and 20% of global LNG supplies.
The US and Iran's rival blockades of the Strait of Hormuz have become a "test of wills", says Lyse Doucet.
A former Iranian diplomat has warned that both Tehran and Washington are trapped by domestic political commitments that may prevent a nuclear deal, as the second round of talks between Iranian parliament speaker Mohammad Bagher Ghalibaf and US Vice President JD Vance failed to take place in Islamabad. Kourosh Ahmadi said Iran should continue negotiations despite obstacles, while warning that hardliners invoking religious narratives should not be taken literally.
The US and Iran's rival blockades of the Strait of Hormuz have become a "test of wills", says Lyse Doucet.
The US-Iran conflict has shifted from land to sea as both sides vie for control of the Strait of Hormuz. While Trump shelved plans to bomb Iranian infrastructure, the US is attempting to collapse Iran's economy through naval blockades and sanctions, targeting oil storage capacity. Iran claims it has time on its side and reports 34 tankers have circumvented the blockade, generating an estimated $910m in revenue. Oil prices remain above $100/barrel as the economic warfare intensifies.
