European gas storage at 13-year low as winter approaches
The Guardian reported August 29 that inventories are at their lowest in 13 years, with the 90 percent refill target softened to roughly 80 percent and cargoes flowing to Asia instead.
World
Dated world events that touch the region — diplomacy, trade, migration.
Trump declares Hormuz 'completely open' while keeping the blockade
The US president said the strait is open and ready for business even as the naval blockade remains in full force, a formulation that leaves the war's central economic question exactly where it was.
Container lines bring Asia-Europe services back to the Suez route
Maersk and Hapag-Lloyd moved another major service back through the canal in mid-August, and the largest vessels are transiting again, but the industry cautions a full return remains distant.
OPEC+ completes rollback of voluntary cuts with September hike
The August 2 virtual meeting approved 188,000 barrels per day for September, finishing the phased return of the 1.65 million-barrel tranche first agreed in 2023 and opening the quota-framework question.