Oil surges to $80 a barrel as global energy crunch continues
Al Jazeera
Futures in New York rose as much as 2.3 percent on Friday and are poised for a seventh straight weekly gain amid tightening supply.
U.S. crude futures topped $80 a barrel for the first time since November 2014 as a global energy crisis boosts demand at a time when OPEC+ producers are keeping supplies tight.
Futures in New York rose as much as 2.3% on Friday and are poised for a seventh straight weekly gain, the longest stretch of advances since December. A weakening of the dollar on the back of worse-than-expected U.S. labor market data also boosted the appeal of commodities priced in the currency.
Director of the Kamal Adwan hospital says several staff wounded in Israeli bombardment.
Immigrant rights groups fear harsh policies and potential legal pressure could accelerate in second Trump term.
Small islands and least-developed nations say their climate finance interests were ignored.
Global lender says it will release about $333m to crisis-hit nation as signs of economic recovery emerge.
At least four people have been killed in the attack on the Basta neighbourhood, according to the Health Ministry.
A series of unexplained incidents causing damage to pipelines and cables in the Baltic Sea has occurred in the past two years. Could this be a new form of underwater warfare?
The hedge fund manager will be responsible for implementing president-elect’s pledges to cut taxes and raise tariffs.
Cola Gaza offers its drinkers an ‘apartheid-free’ alternative as they boycott big-name brands.
These were the key developments on the 1,003rd day of the Russia-Ukraine war.