Milena Bogdanova - Archives from 2026/05/15/85505
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Oil prices will fall rapidly after the opening of the Strait of HormuzUS Treasury Secretary Scott Besant believes that the resumption of full shipping in the Strait of Hormuz will very quickly reduce global oil prices to ...15.05.20262 489 -
The Hormuz Trap: Why Empty Storage Facilities Will Blow Up the Oil MarketIt's been two and a half months since the Strait of Hormuz was closed. At first glance, the world is gradually getting used to this new normal. Bu ...15.05.20263 717 -
The conflict over Iran has thrown the European chemical industry into crisisThe European chemical industry is in crisis amid the conflict in the Middle East, which has increased energy prices, reports the Financial Times (FT). ...15.05.20261 733 -
China and the US made a key decision on trade and economic relationsThe PRC and the US agreed to maintain stability in trade and economic relations and strengthen practical cooperation in various fields. This was state ...15.05.20261 769 -
The global food sector is under threat due to wars and complex geopoliticsFood security is under threat amid geopolitical conflicts and trade wars. This was stated by the Deputy Minister of Economy of the UAE, Abdullah Ahmed ...15.05.20261 126
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Netherlands struggling to fill gas storageThe Netherlands is struggling to fill its gas storage ahead of the winter season due to a sharp rise in gas prices that began after the US-Israeli war ...14.05.20262 304 -
Mineral wool plant opened in CrimeaA mineral wool plant with a capacity of 30,000 tons of heat and sound insulation materials has been put into operation in Crimea, the head of the regi ...14.05.20264 036 -
New Delhi government agencies to switch to remote work due to fuel shortageThe New Delhi government is introducing a two-day remote work regime for government employees as part of measures to save fuel, according to Chief Min ...14.05.20261 391 -
The world economy can only benefit from the US-China summitThe International Monetary Fund (IMF) believes that the talks between Chinese President Xi Jinping and US President Donald Trump in Beijing are benefi ...14.05.2026982 -
"Fundamental modernisation of the EU budget neededGerman Chancellor Friedrich Merz has called for a "fundamental modernisation" of the EU budget to strengthen Europe's position as an ind ...14.05.20261 145 -
Gold demand booms in IndiaIn India, people have been rushing to buy gold jewellery since the beginning of the week amid fears of a complete ban on its sale, The Economic Times ...14.05.20261 415 -
450 million euros raised for the construction of Terminal 3 at Sofia AirportThe “Vasil Levski“ Sofia Airport project has raised financing in the amount of 450 million euros from the international capital markets w ...14.05.20264 152 -
Orban: I have not left Hungary in the lurchFormer Hungarian Prime Minister Viktor Orban denied the new government's claims that they inherited a country in economic and social decline. On t ...13.05.20261 594 -
Milka is deceiving consumers with smaller chocolate barsThe Bremen District Court has ruled that Mondelez Deutschland has misled consumers by reducing the size of Milka chocolate bars in view of rising coco ...13.05.20264 193 -
Ghana wants to acquire Lukoil's stake in the offshore zone in the Gulf of GuineaThe authorities in Ghana are considering acquiring Lukoil's 38% stake in the Deepwater Tano Cape Three Points (DWT/CTP) offshore oil block in the ...13.05.20261 289 -
Construction of Rheinmetall plant in Lithuania behind scheduleThe construction of an artillery ammunition plant, jointly implemented by Lithuania and the German defense company Rheinmetall, is behind schedule. Mi ...13.05.20261 017 -
Britain nationalises iconic steelmakerThe British government will nationalise steelmaker British Steel. “I can announce that legislation will be tabled this week which will give t ...12.05.20262 910 -
It will take months for the market to recover, even if the Strait of Hormuz opens todayEven if the Strait of Hormuz opens today, it will take months for the market to recover. This was stated by Amin Nasser, CEO of Saudi Aramco, during a ...12.05.20261 757 -
Rheinmetall starts production of kamikaze dronesGerman defense company Rheinmetall has started production of kamikaze drones at its plant in Neuss, western Germany. “We are currently starti ...12.05.20262 068 -
Israel Spent Over $1 Million on Eurovision-Related InfluenceIsraeli authorities have spent at least $1 million to promote their artists and turn Eurovision into a tool for influence. Israel may also have manipu ...12.05.20261 969 -
The conflict in Iran led to high inflation in the USInflation in the US was registered at 3.8% in April, the highest level in nearly 3 years. The data were published by the relevant division of the US D ...12.05.20261 545 -
Iran has not reduced oil production since the beginning of the conflictDuring the 40 days of the armed conflict with the US and Israel, Iran has not reduced its oil production and has continued to export it, said Oil Mini ...11.05.20261 350 -
Global Crossing founder leaves $150 million in debtAmerican entrepreneur Gary Winnick, who founded the telecommunications company Global Crossing, left his family millions in debt after his death, The ...11.05.20262 897 -
Sulfuric acid shortage due to Middle East conflictThe conflict in the Middle East has negatively affected global supplies of sulfuric acid and contributed to the rise in prices, The Wall Street Journa ...11.05.20261 424 -
Gas price hike in GermanyKlaus Müller, head of Germany's Federal Agency for Electricity Grids, said that there could be a moderate increase in gas prices due to the c ...11.05.20261 710
