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Oil Prices Surge Due to Middle East Conflict
Due to escalating tensions between Israel and Hamas, oil prices surged, with Brent crude rising by 4.6% to $89.96. Markets worry about the conflict affecting the Middle East, home to major oil producers like Saudi Arabia and Iran. Since the conflict began, Brent crude’s value went up by 6.3%. On October 6, it was priced […]
Opinion: the moral compass of societies – reflections on the decline of civilizations
(Opinion) A stroll around the neighborhood today uncovers truths that would have been inconceivable at the onset of the 21st century, much less during the mid-twentieth century. Venturing to watch free-to-air television reveals a culture so warped it would rival the extravagance of the boldest Roman emperors. In our current digital age, the Caligulas and […]
Pemex confirms minor pipeline leaks at Ek Balam field
Petróleos Mexicanos (Pemex) acknowledged two small leaks in its Ek Balam field pipelines, located on the Atlantic coast. Pemex rejects claims from Greenpeace and other groups that these incidents amounted to a 400-square-kilometer spill. The company detailed that the leaks were minor, attributing them to two small cracks and a pore in the pipeline. The […]