Israel-Iran War Shows Oil Markets Less Tied to Middle East Tensions The muted response of oil prices during the recent Israel-Iran war reflects a significant shift in global energy dynamics. It signals growing market resilience and declining dependence on Middle East oil, once a key driver of price volatility. Market Reaction Remains Measured After Israel launched a surprise strike on Iran on 13 June, Brent crude—a key oil benchmark—rose from below $70 per barrel to a peak of $81.40 by 23 June, following US attacks on Iranian nuclear facilities. Despite the geopolitical intensity, this 15% increase was considered moderate by…
Author: Aditya Lenka
Aditya Lenka
A multi-faceted professional with a diverse range of skills and experiences. He currently works as a Producer, Digital Marketer, and Journalist for several well-known media outlets, namely StratNewsGlobal, BharatShakti, and Interstellar. With a passion for storytelling and a keen eye for detail, Aditya has covered a wide range of topics and events across India, bringing a unique perspective to his work.When he's not busy producing content, Aditya enjoys exploring new places and cuisines, having traveled extensively throughout India. He's also an avid writer and poet, often penning his thoughts and musings in his free time. And when he wants to unwind and relax, Aditya spends time with his two loyal companions, Zorro and Pablo, his beloved dogs.Aditya's dynamic personality and varied interests make him a unique individual, always eager to learn and experience new things.
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AUSTRAC Flags 90 Top Crypto ATM Users in Crackdown on Scam Activity Australia’s financial crimes agency, AUSTRAC has identified 90 individuals linked to scams or suspicious behaviour through their use of cryptocurrency ATMs. This discovery forms part of a broader investigation into digital currency-related crime across the country. Crypto ATMs Used in Scams and Fraud The Australian Transaction Reports and Analysis Centre (AUSTRAC) led a nationwide review to uncover the most active users of crypto ATMs by transaction volume. Their goal was to trace transactions potentially linked to scams, money laundering, or other financial offences. According to AUSTRAC CEO Brendan…
SpaceX Starbase Holds First Public Meeting Amid Concerns from Residents The newly incorporated city of Starbase, located in South Texas and established by Elon Musk’s SpaceX, held a public meeting on Monday, 23 June. This was one of the city’s first steps in shaping its local governance. Key topics included proposed zoning changes and details of Starbase’s early budget planning. Concerns Raised by Longtime Locals Several residents voiced concerns about the way the city is being managed. Jesus Abete, a 65-year-old retired teacher from nearby Brownsville, shared his worries. His mother owns property in Starbase, and he feels the current…
Tarkwa Mine’s Drone Patrols Catch Wildcat Miners Afternoon sunlight beats down on Gold Fields’ vast Tarkwa mine in southwestern Ghana. Three guards launch drones into the clear sky. Its cameras scan the 210 km² tract for intruders. Within 20 minutes, the drone spots suspicious activity. A 15‑person team, including armed police, moves in. They find abandoned clothes, fresh trenches, basic tools and pools contaminated with mercury and cyanide. The site was used by wildcat miners working on the mine’s edges. These informal operations threaten both their own health and the company’s profits. Local teams confiscate seven diesel‑powered water pumps and a…
New Enrichment Plant Linked to Isfahan, Iran Isfahan, one of Iran’s major nuclear hubs, has been named by the United Nations nuclear watchdog as the site of a planned uranium new enrichment plant. This facility was announced by Tehran just before recent Israeli military strikes. Rafael Grossi, head of the International Atomic Energy Agency (IAEA), confirmed that the new site was part of Iran’s response to increasing international pressure over its nuclear programme. Iran declared the new plant’s existence shortly before Israel’s attacks on key Iranian targets, including nuclear installations. However, it did not disclose the plant’s location at that…
Israel Dominates the Skies but Faces Limits Israel’s recent airstrikes on Iran have demonstrated precision and reach, but a critical gap remains—its inability to destroy Iran’s most fortified nuclear sites. That task likely requires the U.S.-made GBU-57, a 30,000-pound bunker-busting bomb designed to penetrate deep underground facilities like Fordow. Without it, Israel’s strikes, though bold, fall short of neutralising Iran’s nuclear capabilities. While Iran has responded with missile attacks on Israeli cities, the balance of technological and strategic power still tilts in Israel’s favour. Yet key challenges remain—particularly when it comes to Iran’s deeply buried nuclear facilities. The Role of…
European Aerospace Plans Under “Project Bromo” Move Forward European aerospace leaders Leonardo, Thales and Airbus are considering forming a joint space company. The decision is expected by the end of July, according to Leonardo CEO Roberto Cingolani. Speaking at the Paris Airshow, he confirmed that the companies are reviewing the feasibility of the alliance under a project named “Project Bromo”, inspired by an Indonesian volcano. The goal of this venture is to enhance Europe’s competitiveness in the satellite internet sector, especially against the growing presence of Elon Musk’s Starlink. Key Areas Under Review The three aerospace groups are evaluating several…
Diplomatic Outreach of Japan Falls Short Prime Minister of Japan, Shigeru Ishiba’s attempt to secure relief from US tariffs ended without success this week. His direct appeal to President Donald Trump during the G7 summit in Canada failed to shift Washington’s stance. This result has highlighted deepening differences between the two allies, with further tariffs set to take effect soon. Ishiba attended the summit hoping to restart stalled talks on a steep 25% tariff imposed on Japanese car imports. According to officials familiar with the discussions, Japanese negotiators had already faced difficulties persuading the US to ease trade restrictions. Although…
Demand Shortfall Forces Ferrari Rethink on EV Roadmap Ferrari has pushed back the launch of its second fully-electric vehicle to at least 2028, according to sources close to the company. The move comes amid sluggish demand for high-performance luxury EVs. Originally planned for a 2026 debut, the model’s release has now been postponed twice. The Italian carmaker, known for its iconic petrol engines, began selling hybrid models in 2019. Ferrari will begin unveiling its first EV this October, followed by a full reveal next spring. The first model will be delivered to customers starting in October 2026. Challenges for Electric…
Combat-Tested Drone Tech from Ukraine Heads to Taiwan Taiwan has signed a strategic deal with Auterion, a drone software firm based in the US and Germany, to strengthen its defence capabilities. Auterion’s software, already tested in Ukraine’s conflict with Russia, will now support Taiwan’s efforts to deter potential military threats from China. The agreement, announced on Tuesday, links Auterion with Taiwan’s National Chung-Shan Institute of Science and Technology. This state-backed research organisation plays a central role in Taiwan’s defence innovation. The partnership aims to enhance Taiwan’s uncrewed systems and drone swarming capabilities. Building an Autonomous Drone Fleet Auterion’s software powers…