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Nepal is on high alert for more flooding as the Himalayan border region, already devastated by flash floods, has been described as turning into “swampland” amid continuing rainfall. A BBC report quoted officials saying that 626 people have died, while at least 2,426 others remain missing following the devastating floods along the Nepal-Tibet border on …

The death toll from devastating flash floods in Nepal has risen to 389, while six South Africans are among 468 tourists and travellers reported missing as rescuers in Nepal and Tibet race to find survivors. The flash floods destroyed homes, swept away vehicles and bridges and cut off major roads after a glacial collapse near …

The United Arab Emirates (UAE) has announced its decision to withdraw from the Organisation of Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance. ​The Gulf state made this known on Tuesday, April 28, saying it takes effect May 1, 2026. The decision marks a significant shift in global energy geopolitics, as the UAE was …

Nigeria's Crude Oil Output Rises to 1.436m bpd in November but Fails to Meet OPEC Quota

The hope for cheaper fuel has been dampened after Iran closed the Strait of Hormuz again on Saturday, reversing the brief optimism that followed its reopening on Friday. Iran's military declared the Strait of Hormuz blocked again on Saturday, April 18, hours after it was reopened. The move is a direct response to the U.S. …

Hope of Cheaper Fuel Dashed as Iran Closes Strait of Hormuz Again

Following the announcement of a 10-day ceasefire between Israel and Lebanon, Iran has officially declared the Strait of Hormuz "completely open" for all commercial vessels. The reopening, announced on Friday, April 17, 2026, by Iranian Foreign Minister Abbas Araghchi, marks a significant shift in the process towards resolving the Middle East conflict. This development comes …

Iran reopens Strait of Hormuz after Israel-Lebanon truce

Bank of America has agreed to pay $72.5 million to settle a civil lawsuit filed by women who accused the bank of aiding Jeffrey Epstein’s sexual abuse. Court records showed that the agreement followed a “settlement in principle” reached earlier this month, though the terms were not initially disclosed. The settlement still requires approval from …

China has condemned a new United States trade investigation into alleged industrial overcapacity and forced labour. The criticism comes just days before fresh trade talks between the two countries in Paris. China’s Ministry of Commerce said Washington has no right to decide unilaterally whether another country has excess industrial capacity. The ministry said the U.S. …

The Tunisian government has unveiled plans to undertake a major expansion of its main international gateway, Tunis–Carthage International Airport estimated at $1 billion, as the North African country seeks to modernise air transport infrastructure and strengthen its tourism industry. In a statement, the Tunisia Ministry of Transport said the project forms part of a broader …

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