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Oil swings from pandemic collapse to $105 a barrel

In July 2020, a few months after the Covid-19 pandemic escalated and spiraled out of control, Shell CEO Ben van Beurden announced that global oil demand may have crossed its peak and will not return to what it was. "It's going to take a long time for demand to recover, that's if it recovers...

World leaders move to slap sanctions on the Kremlin

World leaders Thursday condemned Russia's invasion of Ukraine as “barbaric" and moved to slap unprecedented economic sanctions on Moscow and those close to President Vladimir Putin. The West and its allies showed no inclination to send troops into Ukraine — a non-member of NATO — and...

Officials say Ukraine no longer in control of Chernobyl site

KYIV, Ukraine (AP) — A presidential adviser says Ukraine lost control of the Chernobyl nuclear site, where Ukranian forces had waged a fierce battle with Russian troops. Adviser Myhailo Podolyak told The Associated Press that Ukrainian authorities did not know the current condition of the...

UN food agency says 13 million Yemenis may face starvation

The head of the U.N. food agency has warned that 13 million Yemenis are headed for starvation due to a protracted civil conflict and a lack of funding for humanitarian aid. In an interview with The Associated Press on Wednesday, David Beasley said that Yemen was “in a very bad situation”...