India's Crude Import Bill Surges As Hormuz Shipping Rates Soar

Labor Day Gas Prices Have Never Been Higher American travelers are facing record-high gasoline prices this Labor Day weekend as conflict in the Middle East and disruptions to global fuel supplies keep prices elevated. The national average for a gallon of regular gasoline stood at about $4.15 on Sept. 5, according to the American Automobile Association (AAA). That is nearly $1 higher than a year ago. This year's Labor Day is now the first in history with a national average above $4 per gallon. The previous Labor Day record was $3.82 per...

Wildfire And Drought Risks Spike As California Enters Dry Season With Just 18% Snowpack California is entering its dry season with far less snow than usual, heightening drought concerns across the state, according to Bloomberg. Snowpack stands at just 18% of normal statewide, according to the Department of Water Resources. Conditions are especially severe in the Sierra Nevada: the northern region has only 6% of typical levels, while the central and southern areas are at 21% and 32%, respectively. The shortfall matters because California depends on winter snow — not year-round rainfall...

MP Mohammad Raad, the head of Hezbollah’s political wing, has given a new interview with al-Modon in which he set out “red lines” related to ways in which Hezbollah would agree to enter into talks on disarmament and the granting of a full state monopoly on arms. Raad said that any comprehensive security agreement would […]