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Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose
Oil prices climbed more than 4% on Monday, extending an earlier surge that carried Brent crude to $78.68 a barrel. Brent later rose $3.10, or 4.08%, to $79.11 by 3:25 a.m. GMT. U.S. West Texas Intermediate gained $2.95, or 4.11%,
Oil prices settled about 2% lower on Thursday as inflation concerns outweighed continuing supply disruptions in the Middle East. Brent crude futures fell $1.72, or 2.2%, to $76.30 a barrel. U.S. West Texas Intermediate crude dropped $1.44, or 2%, to
The 2026 FIFA World Cup has broken the all-time tournament attendance record, with 3,605,357 fans counted after 56 matches. The milestone came on June 25 during the Group E match between Ecuador and Germany at New York New Jersey Stadium.
The Council of the European Union approved two tariff regulations on June 25, completing the bloc’s legislative process for commitments made with the United States in 2025. The measures implement tariff terms set out in the EU-US Joint Statement of
News
– UN Secretary-General António Guterres described Ibero-America as a cultural superpower on Thursday, November 5, telling leaders at the 30th Ibero-American Summit in Madrid that culture has a global power to build peace. The region is not a military superpower,
– Democrats flipped more than two dozen Republican-held House seats in Tuesday’s midterm elections, securing a majority as part of a sweep that also gave the party control of the Senate. The victories reached into Republican strongholds, the Emirates News
– Democrats flipped Senate seats in Texas and Kansas on their way to winning control of both chambers of Congress in the 2026 midterm elections, CBS News projects. James Talarico and Adam Hamilton became the first Democrats elected to the
– Binance recorded a net outflow of $3.64 billion after reopening withdrawals on Sunday, November 1, following a record $6.3 billion hack. Customers withdrew more than $4.6 billion, while deposits totaled just over $1 billion, the exchange said in a
– Hackers linked to North Korea have been blamed for stealing about $6.3 billion from Binance, the largest crypto theft ever recorded. The world’s biggest cryptocurrency exchange, co-founded by Chinese-born Canadian billionaire Changpeng Zhao, paused withdrawals after the breach late
– Luiz Inacio Lula da Silva has been re-elected president of Brazil after defeating Senator Flavio Bolsonaro in Sunday’s runoff, the Superior Electoral Court announced on October 25. Lula won 51.76% of the vote with nearly all polling stations counted,
– President Donald Trump has suspended new sanctions and tariffs on Russia that Congress approved under the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026. The White House released the executive order on Friday, October 16, two days
– Global multidimensional poverty has risen for the first time since the measure began in 2010, reaching 1.2 billion people across 108 countries. The 2026 Global Multidimensional Poverty Index covers 6.3 billion people and finds 18.9% live in acute multidimensional
– Firefighters raised containment of the Bike Fire to 81% after the wildfire forced evacuations in Santa Clarita north of Los Angeles. The blaze burned about 172 acres near Cambria Estates Lane and Ravenhill Road in the Sand Canyon area.
– A 45-year-old man killed eight people at a home in Erie, Pennsylvania, before apparently killing himself, police said. The Friday shooting left nine people dead in total, including the gunman. The victims included a pregnant woman, a 5-year-old boy
– U.S. school book bans affected Canadian authors Margaret Atwood and Ryan North during a record year for removals. PEN America recorded 11,982 bans during the 2025-26 school year, its highest annual total since tracking began in 2021. The group
WASHINGTON, D.C. / RankWire.AI / – The U.S. Supreme Court has heard arguments in a major climate lawsuit brought by Boulder, Colorado. The dispute asks whether federal law blocks state-law claims over alleged harms tied to interstate and international greenhouse
Travel
Las Vegas is facing a sharp downturn in tourism, with official figures revealing an 11.3% drop in visitor numbers this June compared to the same period last year. The Las Vegas Convention and Visitors Authority (LVCVA) attributed the decline to
Etihad Airways has officially inaugurated its first flight to Atlanta, marking a significant step in the airline’s ongoing North American expansion. The inaugural service from Abu Dhabi to Atlanta touched down on July 2, 2025, connecting the capital of the UAE with the economic hub
The International Air Transport Association (IATA) has reported steady growth in global air travel demand for May 2025, with international passenger traffic showing notable gains despite regional variations. According to IATA’s latest data release, total global passenger demand, measured in
The number of foreign visitors to South Korea reached 1.63 million in May 2025, reflecting a significant recovery in the country’s tourism sector. According to data released by the Korea Tourism Organisation on Monday, this represents a 14.9 percent increase compared to
Air Arabia, the largest low-cost carrier in the Middle East and North Africa, has officially launched its new direct service to Sochi, Russia. The inaugural flight marks an expansion of the airline’s growing network in Russia, providing six weekly flights from
Air travel across Italy faced significant disruption on Friday, June 20, 2025, as a nationwide strike led to the cancellation and delay of over 160 flights at major airports including Milan Malpensa, Venice Marco Polo, Pisa Galileo Galilei, and Florence Amerigo Vespucci.
The United States tourism sector is facing an acute international backlash in 2025, as a combination of foreign government travel warnings, mass civil protests, and a deteriorating global perception converge to produce a projected loss exceeding $12.5 billion in international tourism revenue.
Global air travel faced major disruption on June 13 as escalating conflict between Israel and Iran led to the cancellation or diversion of hundreds of flights across Europe and the Middle East. According to Eurocontrol, approximately 1,800 flights were affected by mid-morning,
The European Union recorded an all-time high in tourism in 2024, surpassing 3 billion nights spent at tourist accommodation establishments, according to Eurostat. This milestone represents a 2.2% increase compared to 2023, adding 65.4 million overnight stays, with a particularly
Vienna International Airport has achieved a significant milestone, announcing that it has surpassed 30 million passengers in 2024, marking the first time since 2019 that such a figure has been reached. The development highlights a strong rebound in global air
Automotive
Jaguar unveiled the production Type 01 in New York on October 6, marking a major product launch for the British luxury brand. The four-door electric grand tourer is the first production Jaguar based on the dedicated Jaguar Electric Architecture. It
Audi has unveiled its flagship Q9, establishing the manufacturer’s first large full-size SUV and setting a new internal record for interior space. Slotting directly above the Q7 and Q8 series, the three-row luxury model is engineered to challenge full-size competitors across
Ford Motor Co. is recalling 419,967 vehicles in the United States because front seat belt retractor pretensioners may deploy inadvertently, leaving belts locked and unable to retract or extend properly, according to the National Highway Traffic Safety Administration. The recall
MENA Newswire, ATLANTA: Mercedes-Benz USA has unveiled the 2027 S-Class Sedan as a major update to its flagship luxury sedan, adding new lighting signatures, a revised cabin technology stack and expanded personalization choices. The automaker said the model introduces an illuminated front grille