Author: ALJAZEERA

Brent crude tops $104 a barrel as hopes fade for deescalation in US-Israel war on Iran.Published On 26 Mar 202626 Mar 2026Oil prices have climbed higher amid fading hopes of deescalation in the Iran war following Tehran’s denial that talks with the United States are under way.Futures for Brent crude, the international benchmark, rose nearly 2 percent on Thursday to top $104 per barrel after Tehran dismissed reports of direct negotiations with US President Donald Trump’s administration.Recommended Stories list of 4 itemsend of listThe rise comes after oil prices eased on Wednesday following reports that Trump had shared a 15-point…

This is first big step by the ChatGPT maker to focus its business on potentially more lucrative areas, such as coding tools.Published On 25 Mar 202625 Mar 2026OpenAI is shutting down its social media app Sora, which went viral towards the end of last year as a place to share short-form videos generated by artificial intelligence but also raised alarms in Hollywood and elsewhere.OpenAI said in a brief social media message on Tuesday that it was “saying goodbye to the Sora app” and that it would share more soon about how to preserve what users had already created on the…

Argentinian President Javier Milei’s party has pulled off a stunning win in legislative elections, boosting his ability to push forward with his overhaul of the economy, including free market reforms and deep austerity measures.In the elections, widely seen as a referendum on Milei’s performance in office, his La Libertad Avanza party won more than 40 percent ​​of the vote in Sunday’s elections, compared with 31 percent for the left-leaning Peronist opposition movement.Recommended Stories list of 4 itemsend of listThe midterm elections were the first national test of Milei’s support since he won office two years ago and will help him…

Kuala Lumpur, Malaysia – United States President Donald Trump has come and gone from a meeting of Southeast Asia’s leaders, but many questions remain about how the region will fare under his ever-shifting trade policies.Trump flew into Malaysia on Monday to attend the 47th Summit of the Association of Southeast Asian Nations (ASEAN), where his marquee event was overseeing the signing of a ceasefire agreement between Thailand and Cambodia.Recommended Stories list of 4 itemsend of listOn the sidelines of the summit in Kuala Lumpur, he also met with ASEAN’s leaders to discuss US tariff rates, which range from 10 percent…

Last year, Reliance Industries Ltd signed a deal with Russian major Rosneft to import nearly 500,000 barrels per day.Published On 24 Oct 202524 Oct 2025Click here to share on social mediashare2ShareIndia’s top importer of Russian oil, the conglomerate Reliance Industries Ltd, says it will abide by Western sanctions, ending several days of speculation about how the company will manage new measures targeting Russia’s two largest oil companies.Reliance “will be adapting the refinery operations to meet the compliance requirements”, a company spokesperson said in a statement on Friday, while maintaining its relationships with suppliers.Recommended Stories list of 4 itemsend of list“Whenever…

South Africa, Nigeria, Mozambique, Burkina Faso removed from Financial Action Task Force’s financial crimes list.Published On 24 Oct 202524 Oct 2025Click here to share on social mediashare2ShareA global money-laundering watchdog has taken South Africa, Nigeria, Mozambique and Burkina Faso off its “grey list” of countries subjected to increased monitoring.The Financial Action Task Force’s (FATF), a financial crimes watchdog based in France, on Friday said it was removing the four countries after “successful on-site visits” that showed “positive progress” in addressing shortcomings within agreed timeframes.Recommended Stories list of 3 itemsend of listThe FATF maintains “grey” and “black” lists for countries it…

Petro, however, did acknowledge that a disruption in the two countries’ military cooperation could have serious consequences.Published On 23 Oct 202523 Oct 2025Click here to share on social mediashare2ShareColombia’s President Gustavo Petro has indicated that a suspension of aid from the United States would mean little to his country, but that changes to military funding could have an effect.“What happens if they take away aid? In my opinion, nothing,” Petro told journalists on Thursday, adding that aid funding often moved through US agencies and employed Americans.Recommended Stories list of 3 itemsend of listBut a cut to military cooperation would matter,…

Relations between the United States and China are tense, once again, with experts saying that the administration of US President Donald Trump “doesn’t quite know how to deal with China”.The latest flare-up took place when Beijing, on October 9, expanded its restrictions on the export of rare-earth metals, increasing the number of elements on the list.Recommended Stories list of 4 itemsend of listChina has the largest reserves and the majority of processing facilities of rare-earth metals that are used in a range of daily and critical industries like electric vehicles, smartphones, laptops and defence equipment.In a first, it also required…

According to the research, 45 percent of responses to questions about the news had at least one ‘significant’ issue.Published On 22 Oct 202522 Oct 2025Click here to share on social mediashare2ShareAI models such as ChatGPT routinely misrepresent news events, providing faulty responses to questions almost half the time, a study has found.The study, published on Wednesday by the European Broadcasting Union (EBU) and the BBC, assessed the accuracy of more than 2,700 responses given by OpenAI’s ChatGPT, Google’s Gemini, Microsoft’s Copilot, and Perplexity.Recommended Stories list of 4 itemsend of listTwenty-two public media outlets, representing 18 countries and 14 languages, posed…

As China threatens to restrict the supply of rare earths, the United States and other countries that depend on the critical minerals are scrambling to diversify supply chains and achieve self-sufficiency.But with even with sustained political will and billions of dollars in investment, breaking China’s dominance over rare earth supplies is likely to take at least a decade, if not longer, according to analysts and industry experts.Recommended Stories list of 4 itemsend of listFor countries to reduce their dependence on China, they will have to secure a complex set of supply chains that span mining, processing, metallisation and magnet manufacturing.The self-sufficiency push faces…