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The global energy sector is experiencing renewed volatility as ongoing disruptions to maritime traffic in the Middle East limit exports through critical regional shipping routes. In a commodities research report issued by Goldman Sachs Group Inc., analysts presented scenarios where

– Malaysia’s Alliance for a Safe Community has emphasized the need for early, coordinated measures as El Niño intensifies across the Pacific region. Chairman Lee Lam Thye highlighted that readiness efforts should prioritize public health, water resilience, agriculture, and environmental

– Italy expanded its highest heat alert to 17 cities on Monday, July 20, after 14 cities faced the maximum warning Sunday. The Italian Ministry of Health issued the Level 3 notices as the country’s third major heatwave of summer

– Northern Ontario faced an expanding wildfire crisis Wednesday as close to 200 blazes burned throughout the province. Ontario reported 183 active wildland fires at 3 p.m. on July 15, with the Northwest Fire Region accounting for 136 by the

– The UK government has advanced plans for a pay-per-mile tax on electric vehicles by releasing its consultation response and draft legislation. HM Treasury published these documents on July 13 and confirmed that the scheme will commence on April 1,

– On July 14, the United Nations Security Council extended its mandate to monitor attacks in the Red Sea for an additional six months. Resolution 2826 mandates monthly written updates on Houthi assaults targeting merchant and commercial ships before the

India and Australia expanded ties on July 9, 2026, with agreements covering defence, energy, technology and education. Indian Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese held the third annual summit in Melbourne. Their governments announced 18 outcomes