Romania PM urges energy overhaul as drought forces second reactor shutdown
Romania's PM calls for serious energy investment after drought forces a second Cernavodă reactor shutdown.
Economy
Oil climbs as tanker attacks and US-Iran tensions rattle Hormuz
Crude prices rose after tanker attacks near Hormuz and US-Iran rhetoric. Shipping traffic fell, while Russian exports were also disrupted.
Peru Navy Raids Illegal Gold Mines as Amazon Destruction Spreads
Peruvian forces intensify raids on illegal gold mines in the Amazon, destroying equipment to halt deforestation and mercury contamination.
Centre defends mining tax curbs as states warn of revenue hit
India's central government says the new mining tax restrictions prevent market fragmentation, while mineral-rich states warn of revenue losses.
Peru unveils fuel subsidies for transport sector amid price protests
Peru's president announces 15-20% fuel subsidies for transport workers for three months, following protests over high prices.
President Murmu: Infrastructure Boom Fuels Jobs, Investor Confidence
President Murmu says India's infrastructure expansion is creating jobs and boosting investor confidence, with digital payments and renewables leading the way.
US presses EU to ease sustainability rules that hamper trade
US urges EU to ease corporate sustainability rules, citing Turnberry trade commitments. Brussels has made some concessions but resists further changes.
Drone attack halts crude loadings at Russia's key Black Sea terminal
Russia's Sheskharis terminal at Novorossiysk suspended crude loadings after a drone attack, halting exports and adding to recent disruptions.
Hormuz traffic slows to near standstill as US vows more Iran pressure
Ship transits through the Strait of Hormuz have dropped sharply after fresh attacks, while the US pledges new economic pressure on Iran.
US Consumer Sentiment Slips in August on Inflation Fears
US consumer sentiment fell to 51.0 in August from 55.2 in July, driven by inflation worries linked to the Middle East conflict.
US Retail Sales Slip in July as Tax Refund Boost Fades (2026-08-14)
US retail sales fell 0.6% in July, the first decline in nine months, as tax refund benefits faded and Prime Day pulled demand forward.
US retail sales dip in July as tax refund boost fades
US retail sales fell 0.6% in July, missing forecasts, as tax refunds ran out and Amazon's Prime Day moved to June. Analysts expect the dip to be temporary.
Turkey trims Russian oil imports as Black Sea disruptions bite
Turkey cut Russian oil imports in July and plans further reductions in August after Ukrainian drone attacks disrupted Black Sea export terminals.
Hungary to Sink Barges in Danube to Keep Paks Nuclear Plant Cooled
Hungary will sink two barges in the Danube to raise water levels and maintain cooling at the Paks nuclear plant, which is running at reduced capacity.
Indonesia to Launch Commodity Exchange, Prabowo Vows to Set Own Prices
Indonesia plans a new commodity exchange to set reference prices for key exports, with President Prabowo insisting on domestic pricing power.
Belgian Builders Unearth Gold Hoard Worth €9 Million
Construction workers renovating a building in Belgium discovered a cache of gold bars and coins valued at around €9 million.
EU maize harvest set for multi-decade low as drought hits France and Germany
Persistent drought and heat across Europe could push the EU maize harvest to its lowest in decades, with France facing its smallest crop since 1976.
China's July Bank Lending Contracts by Record Amount as Credit Demand Weakens
China's new yuan loans saw a record contraction in July, highlighting weak credit demand despite lower lending rates and central bank pledges of support.
Two More Tankers Hit in Hormuz as US Vows New Economic Pressure on Iran
Fresh attacks on two tankers in the Strait of Hormuz have slowed traffic, as the US pledges new economic measures against Iran.
Russia's second ice-class LNG carrier sets sail via Arctic route
Russia's second domestically built ice-class LNG carrier, the Konstantin Posiet, has departed for the Northern Sea Route, signaling progress in bypassing sanctions.