- The monkeypox epidemic in Europe is unprecedented, with confirmed cases rising in multiple countries, raising concerns about public health and oil prices.
- The European Commission outlines the REPowerEU plan to boost renewables and reduce reliance on Russian fossil fuels, balancing energy needs.
- China aims to boost strategic oil reserves through Russian imports, amid US sanctions discussions.
- President Biden's new trade initiative includes 13 countries and considers tariff cuts on China amid rising inflation.
- China's Metaverse industry is set to exceed 200 billion yuan in five years, driven by VR and AR innovations and investment growth.
- World leaders warn of a potential global economic slowdown due to inflation and rising energy prices from the Ukraine conflict.
- A massive explosion at S-Oil refinery in Ulsan, South Korea, resulted in 1 death and 9 injuries, with ongoing firefighting efforts.
- The current oil crisis differs from the past; consumers face rising prices and inflation. Learn more about the impact and future adjustments.
- Crude oil prices rise, impacting PS resin costs in Japan. Companies announce significant price hikes amid market volatility.
- The paint industry struggles with raw material shortages as DIY projects surge, impacting sales and production.
- Explore the reasons behind the recent surge in gasoline prices, including the impact of oil prices and geopolitical tensions.
- Yunnan Guotong Lufeng celebrates the first successful output of rotor-class sponge titanium, marking a key milestone in intelligent manufacturing.
- US stocks dive as Fed signals rate hikes to combat inflation. Global markets react to economic fears and geopolitical tensions.
- President Biden visits South Korea and Japan to reinforce US alliances in response to North Korea and China's rising influence.
- Gasoline prices are rising sharply, with projections hitting $5 and possibly $6.20 per gallon as supply tightens and inflation persists.