Paris: Belgian simulation company Euramec and Turkish defense firm Havelsan have signed a cooperation agreement during a major international defense exhibition in Paris. The collaboration aims to leverage the strengths of both companies in the defense…
Evian: The global energy chokepoint, the Strait of Hormuz, will see a gradual increase in ship traffic following the US-Iran peace deal, but the traffic of pre-war levels could take several months as uncertainties remain over the reopening of the vita…
Washington: The US Strategic Petroleum Reserve (SPR), the nation’s emergency crude oil stockpile, has decreased to its lowest point in 43 years following significant drawdowns intended to alleviate supply pressures during the Iran war.
According to …