The International Energy Agency (IEA) said on Sunday that strategic oil reserves will be released “immediately” in Asia and Oceania, while supplies from member countries in the Americas and Europe will begin flowing from the end of March, as governments move to cushion the oil shock caused by the ongoing West Asia war.As per news…
The energy secretary also hinted at the possibility of sending minesweeping drones to the region. Source link
Shipping through the Strait of Hormuz has slowed to a crawl with most commercial traffic paralyzed, while a handful of Iranian-linked vessels continue to navigate the waterway despite escalating security risks. An Iranian supertanker was spotted in the waters north of Hormuz on Sunday, with its destination listed as China, according to vessel-tracking data compiled…
By Alessandro Hatami A new financial architecture is emerging. From cloud concentration and payment orchestration to portable digital identity, tokenised money and AI-led decisioning, five structural forces are quietly reshaping how money moves. Institutions that understand these shifts early will be better positioned to govern risk, resilience and competition. Finance is entering a hard reset:…
Gold and silver prices are likely to remain volatile and could see further corrective moves in the coming week, with investors closely watching developments in the Middle East conflict and a packed calendar of major central bank policy meetings, analysts said.Market participants are expected to remain focused on the evolving geopolitical situation, as any sign…
Nearly 75 per cent of companies expect a rise in structured fixed-term employment as companies respond to the implementation of new labour codes, signalling a shift towards greater workforce formalisation, according to a report. The shift toward workforce formalisation is becoming increasingly evident, as an overwhelming 75 per cent of respondents anticipate greater…
A fuel nozzle is inserted into a combustion engine at a petrol pump at a filling station during a refueling process. Picture Alliance | Picture Alliance | Getty Images Countries around the world have scrambled to cope with the fallout of the energy shock from the Iran war, imposing measures from fuel export bans, loosening…
If you’re burned out, stuck in a toxic job, and too financially stretched to just quit, TikTok has a suggestion: Take medical leave. Instead of quiet quitting or burning through PTO, a growing corner of the internet is advising workers to take up to 12 weeks off—fully protected and, depending on your benefits, even paid. “If…
Indian exporters and logistics providers are scrambling to limit disruptions from the worsening Middle East conflict by closely tracking shipping carriers, planning consignments earlier and exploring alternate routes, even as freight rates, insurance premiums and transit times rise sharply amid uncertainty around the Strait of Hormuz.The main response from the exporting community has been defensive…
By Jon Abbott As UK and EU cyber regulations tighten ahead of 2026, organisations face a hard truth: compliance cannot be achieved without continuous visibility into their IT estate. Static audits and internally verified controls are no longer sufficient, they need the assurance of real-time validation of their security exposure. Across the UK and EU,…