Crude oil prices have surged to their highest levels in at least 14 years, climbing above $100 per barrel for the first time since 2022 as the war involving Iran disrupts key oil and gas production and transport routes in the Gulf.
The conflict has now entered its tenth day, with the United States saying its joint operations with Israel are progressing as planned and ahead of schedule. The campaign aims to weaken Iran’s missile and naval capabilities, limit its support for regional proxies and prevent Tehran from developing nuclear weapons.
Meanwhile, Iran continues launching strikes on Israel and several Gulf states, pushing global energy prices sharply higher. Authorities in Iran also announced that Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei, has been named the country’s next supreme leader. Separately, South Korea said it will introduce oil price caps to stabilise fuel costs amid the global energy surge.
The EU’s Emissions Trading System (ETS) was already highly unfair to Malta as an island state, placing heavy pressure on the international trailer operators that sustain Malta’s connecti...
The International Energy Agency said the closure of the Strait of Hormuz has triggered the largest disruption to global oil markets in history, with supply expected to fall by about 8 mi...
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Prime Minister Robert Abela said he would support a Cabinet review that could lead to a less severe punishment f...
European Commission President Ursula von der Leyen told the European Parliament today that in just ten days of conflict in the Middle East, fossil fuel imports have cost the EU an additi...
The Socialists and Democrats (S&D) Group in the European Parliament has demanded urgent clarification from the European Commission over its participation in the first meeting of the ...
The EU’s Emissions Trading System (ETS) was already highly unfair to Malta as an island state, placing heavy pressure on the international trailer operators that sustain Malta’s connecti...
Air freight rates have risen by as much as 70% on some routes since the start of the U.S.-Israeli war on Iran, data shows, as the conflict limits flights, blocks some ocean shipments an...
Vivian continues to widen its portfolio with the announcement of new representation agreements with worldwide R&D pharmaceutical companies. “These latest agreements crown a very succ...
Two local analysts have cautioned that any attempt by EU Member States to block or restrict the passporting of crypto-asset service providers (CASPs) authorised under the Markets in...
The EU’s Emissions Trading System (ETS) was already highly unfair to Malta as an island state, placing heavy pressure on the international trailer operators that sustain Malta’s connecti...
Malta Employers has officially launched TalentSync, an initiative aimed at strengthening the alignment between workforce skills and the evolving needs of industry. At a time when many em...
Iran’s military command warned that oil prices could surge to $200 a barrel as tensions escalate in the Gulf, where three more ships have reportedly been struck amid the blockade of the ...
The United States and Israel exchanged air strikes with Iranian military targets across the Middle East, as Tehran warned that its security forces had their “fingers on the trigger” to c...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
María Corina Machado is a prominent figure in Venezuela’s opposition. She has reported that one of her closest associates, Juan Pablo Guanipa, was abducted. This occurred mere hours afte...
Ukraine will complete the technical work needed to open negotiations on all topics for its European Union accession process within days, President Volodymyr Zelenskiy said.
Zelenski...
More than 1,700 Africans are fighting for Russia in its war in Ukraine, Ukrainian Foreign Minister Andrii Sybiha said, adding that Moscow was using deception to trick them into fighting....
