Global Oil Prices Surge Past $105 Amid Middle East Conflict Escalation and Supply Concerns
Global crude oil prices have surged past $105 per barrel due to escalating conflicts in the Middle East and fears of supply disruptions. Attacks in Saudi Arabia and on tankers in the Strait of Hormuz have destabilized the market, compounded by hurricane-related production cuts in the Gulf of Mexico.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Violence and Abuse Rampant on Indonesian Fishing Vessels
A severe case of abuse on an Indonesian fishing vessel has come to light, where crew members were violently punished for failing to meet their squid catch targets. Authorities have suspended the vessel's operations and launched an investigation, considering the possibility of labor exploitation.
- Indonesia National Team Faces Jordan in November FIFA Matchday, Mees Hilgers Eyes Return
SC Heerenveen defender Mees Hilgers expressed his desire to return to the Indonesian National Team for the November FIFA Matchday. A match against Jordan, a participant in the 2026 World Cup, has been confirmed, and Hilgers hopes his current form will lead to a call-up.
- Afro-Asian Sand Snake Reappears in Kutch After 150 Years
The Afro-Asian sand snake (Psammophis schokari), unseen for nearly 150 years, has been rediscovered in India's Kutch district, Gujarat. A forest ranger's accidental photo and video led experts to confirm its presence, marking a significant update to regional biodiversity data.
- Indonesia's National Land Agency Under Scrutiny for Bribery, Irregularities; Millions of Rupiah in Illicit Funds Seized
Indonesia's Corruption Eradication Commission (KPK) has seized millions of rupiah in illicit funds from officials at the Bogor Regency Land Office, linked to a bribery case involving land rights registration. The investigation centers on alleged bribery related to PT Summarecon Agung Tbk's acquisition of building use rights (HGB), with eight individuals already charged.