Syria is ready to offer a pathway for exporting Iraqi oil that avoids the hazardous Strait of Hormuz, Yousef Kiblawi, head of the Syrian Petroleum Co., informed Bloomberg. He stated that an intergovernmental agreement is close to finalization, and the initial convoy of oil trucks might reach Syria by mid-October. Iraq is currently moving a portion of its fuel oil by truck to the Syrian port of...

On Monday, the European Commission (EC) revealed the distribution of an extra €130 million to boost member states' abilities in the deployment and neutralization of drones, focused on improving border security. "The European Commission is increasing its assistance to member states in combating unmanned aerial vehicles by providing an extra €130 million through the Border Management and Visa...

US President Donald Trump declared that European nations have chosen to unveil a "significant quantity" of strategic diesel fuel reserves. "Europe has reached an agreement to release a substantial portion of their important diesel fuel reserves," he posted on the social platform X, noting that the release process would commence right away. French President Emmanuel Macron announced that G7...

Bloomberg reports, referencing vessel-tracking information, that Iran did not fill any tankers with crude oil in September because of a US naval blockade. Volumes fell to zero from around 250,000 barrels daily in August. This was the first month of this kind since the conflict started in February. Commodities analytics companies Kpler and Vortexa likewise noted no crude oil shipment volumes in...

The European Union has turned down Ukraine’s appeal to hasten the release of an extra €27 billion from a €90 billion loan arrangement set to last until 2027. Bloomberg announced the news, referencing sources. Ukraine is still positioned to obtain the €37 billion that has been designated for the rest of the year. EU officials think this sum is adequate, pointing out that early release would only...

Executives from major US artificial intelligence (AI) development firms have signed an agreement at the White House, pledging to enhance internal regulations regarding AI models, as reported by US media. US President Donald Trump and House Speaker Mike Johnson declared the signing of the Joint Commitment On Frontier Responsibilities after an event at the administration. According to The Hill,...

In addition to oil, US authorities sought access to Venezuela's gold reserves but encountered obstacles related to irregularities in the metal's extraction, The New York Times reports. The publication noted that Venezuelan gold had previously benefited US adversaries, such as Iran. President Donald Trump attempted to redirect this gold to the US for refining. However, partly due to the Trump...

EU Energy and Housing Commissioner Dan Jørgensen has urged EU countries to decrease their usage of gas and electricity in light of energy supply disruptions, according to Politico. "In the setting of limited global supplies and significant price fluctuations, decreasing consumption can serve as an effective measure to control prices," claims a letter from Jørgensen to EU ministers on September...

Representatives from Russia and the US eliminated the stipulation for human supervision of military artificial intelligence (AI) in a UN draft concerning the regulation of autonomous weapons, The Washington Post indicates, referencing sources and documents. The publication indicated that the problem emerged during discussions in Geneva among the Group of Governmental Experts on Lethal Autonomous...