World·2h ago
Europe named ‘fastest-warming continent’ in latest climate change report
Hot and dry conditions across the region helped fuel wildfires last year that burned more than 1 million hectares (2.5 million acres) of land – roughly the size of Cyprus – and about 70 percent of European rivers recorded below-average annual flows, the report said. Snow cover across Europe also fell by nearly 30 percent to 1.32 million square kilometres (509,655 square miles) in March 2025, equivalent to a loss of territory spanning France, Italy, Germany, Switzerland, and Austria combined, the report said.
Al Jazeera
World·2h ago
Oil prices ease after rally as UAE exits OPEC; Iran conflict, Hormuz blockade keep supply concerns high
File | Photo Credit: Getty Images/iStockphoto Oil prices eased on Wednesday (April 29, 2026) from a multi-day rally as investors digested the ramifications of the United Arab Emirates ' surprise decision to quit OPEC, though supply disruptions from the stalemated Iran war support the market. Unlock these with Subscription Gasoline inventories fell by 8.47 million barrels, while distillate inventories fell by 2.60 million barrels. oil and gas - upstream activities / oil and gas - downstream activities Comments have to be in English, and in full sentences.
The Hindu International
World·3h ago
Can Russia serve as an economic lifeline for Iran amid the Hormuz blockade?
“Trade turnover reached $4.8bn last year [2024], but we believe that the potential for our mutual trade is much greater,” Russian Energy Minister Sergey Tsivilyov told an intergovernmental commission on trade and economic cooperation between Moscow and Tehran in 2025. “Roughly 90 percent of Iran’s international trade is maritime trade that goes through the Gulf, which can’t be quickly or immediately replaced through land access to. But experts say that despite this increase, the overall trade relationship remains relatively modest compared with Iran’s trade with China or the Gulf countries.
Al Jazeera