Oil Prices Jump Over 25% as Middle East Conflict Disrupts Supply
Traders are particularly concerned about the impact on the Strait of Hormuz
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U.S. Grants India Temporary Waiver on Russian Oil Restrictions
The waiver applies only to crude that has already been loaded onto vessels
Global Oil Prices Jump as Iran Conflict Disrupts Gulf Shipping
European gas prices climbed up to 40%
Iran Threatens Ships as Strait of Hormuz Reportedly Closed
Roughly one fifth of the world’s oil consumption moves through the strait
Saudi Arabia’s Aramco Closes Ras Tanura Refinery Following Drone Attack
The drone strike comes amid a wave of assaults across the region
Oil Prices Jump as Middle East Conflict Shakes Global Markets
The surge followed continued military strikes by the United States and Israel on Iran
U.S. Says DeepSeek Trained AI Model on Restricted Nvidia Blackwell Chips
Current U.S. rules bar Blackwell exports to China
Goldman Sachs Raises 2026 Brent and WTI Forecasts
The bank warned of downside risks to its fourth-quarter 2026 forecasts
Central Asia Population May Reach 96 Mln by 2040
However, such numbers will also place enormous strain on infrastructure
Uzbekistan Bets on Critical Minerals as U.S. Partnership Deepens
New U.S. partnership could unlock investment in rare earths and lithium — but puts Tashkent at the center of geopolitical competition
Midad Energy Moves to Buy Sanctioned Lukoil Assets
Midad will place its all-cash offer in escrow
Uzbekistan and U.S. Agree to Cooperate on Critical and Rare Earth Minerals
The agreement was signed during the Ministerial Meeting on Critical Minerals
Uzbekistan’s Exchange Sees 59% Rise in Precious Metals Sales in 2025
The average exchange price of gold rose by 52%
KazTransOil to Raise Oil Transit Tariffs for Russia–Uzbekistan Route
For Russian crude, the tariff will go up by 14%
Uzbekistan Plans to Develop Four Uranium Deposits Starting in 2026
Last year, the country produced about 7,000 tonnes of uranium
IFC Invests Uzbekistan’s First Aluminium Can Plant in Tashkent
The plant will supply domestic beverage producers
Uzbekistan Among Top Destinations for Russian Petrol Exports in 2025
Rail shipments declined in December
Uzbekistan Partners With Rosatom on Nuclear Waste Disposal
Russia will provide expert support
Lukoil Agrees to Sell Foreign Assets to Carlyle Group
The agreement is not exclusive and is conditional on regulatory approvals
Corruption Probe Leads to Mass Dismissals in Uzbekistan
The goal is a complete overhaul of the system
Uzatom Denies Reports of Delay to Nuclear Power Plant Project
The contract to build Uzbekistan’s first nuclear power plant was signed in spring 2024
Gold Breaks $5,000 as Geopolitical Tensions Fuel Safe-Haven Rush
The latest surge reflects a growing crisis of confidence in the U.S.
Silver Tops $100 An Ounce As Gold Closes In On $5,000 Record
Spot gold was up 0.6%
Russian Gas Supplies to Uzbekistan Rise 30% in 2025
Russia also boosted gas exports to China in 2025