Alberta-Ottawa Pact Targets 75% Methane Cut by 2035
Alberta and Ottawa have forged an agreement-in-principle to place the province in charge of regulating methane emissions, a move aimed at eliminating regulatory overlap and cutting costs for the energy sector. Final rules are expected by the end of 2026. The deal, part of a broader energy policy accord signed in November 2025, sets a […]
Australia to Implement Floor Price for Key Minerals in Supply Push
Australia will introduce a floor price mechanism for its critical minerals reserve, a move aimed at ensuring domestic supply stability and safeguarding strategic stockpiles amid rising global demand. Resources Minister Madeleine King announced the policy on March 25, signaling a proactive step to protect the nation’s position as a leading supplier of materials vital for […]
Modi Gives Trump Little as India Walks the Line on West Asia
US President Donald Trump called Indian Prime Minister Narendra Modi on March 24 to discuss the West Asia crisis — but India’s response suggested New Delhi has no intention of becoming Washington’s instrument of pressure against Tehran. Trump initiated the call, which came a day after he extended Washington’s deadline by five days for Iran […]
Hungary’s Foreign Minister Confirmed Briefing Russia on EU Meetings in Real Time
Hungarian Foreign Minister Péter Szijjártó confirmed this week that he regularly briefed his Russian counterpart Sergey Lavrov on the contents of European Union meetings, setting off a diplomatic crisis across the bloc and deepening Hungary’s already strained relations with fellow member states. The Washington Post first reported the backchannel Saturday, citing current and former European […]
Philippines Declares State of National Energy Emergency Amid Middle East Crisis
President Ferdinand Marcos Jr. declared a state of national energy emergency Tuesday, signing Executive Order 110 in response to escalating conflict in the Middle East that his administration warned poses an imminent threat to the Philippines’ fuel supply. The declaration, the first of its kind under Republic Act 7638, gives Marcos broad authority to implement […]
OpenAI Shuts Down Sora as Disney Deal Collapses
OpenAI announced Tuesday it is shutting down Sora, its AI-powered video generation app, just six months after launch, pulling the plug on what had been one of the most hyped consumer AI products of 2025 and collapsing a landmark $1 billion deal with Disney (NYSE: DIS) in the process. The company offered no specific reason […]
Ontario Extends 13% HST Relief To New Homes
Ontario plans to temporarily expand the HST rebate on newly built homes to all eligible buyers for one year, replacing a first time buyer only benefit with a broader tax break worth as much as $130,000 per purchase and backed by an estimated $1.4 billion provincial cost. Premier Doug Ford announced the plan on Wednesday, […]
Iran Tables Demands: No Talks Without Base Closures, Sanctions Relief, and Hormuz Fees
Iran has responded to a US ceasefire proposal with a sweeping set of counter-demands, insisting on the closure of all US military bases in the Gulf, the lifting of all sanctions, an end to the Israeli campaign against Hezbollah, financial compensation for war damage, and a formal framework granting Tehran the right to collect transit […]
Ukrainian Drone Strikes Halt Russian Oil Exports at Baltic Ports Amid Escalating Conflict
Ukrainian drone strikes have forced the suspension of crude oil and oil product loadings at Russia’s key Baltic Sea ports of Ust-Luga and Primorsk, marking one of the largest attacks on the country’s export facilities in the four-year conflict. A blaze at Ust-Luga, visible from Finland, has severely disrupted operations at terminals critical to Russia’s […]
Iran War Pushes Philippines Toward China in South China Sea Energy Talks
President Ferdinand Marcos Jr. said Tuesday the Middle East energy crisis may provide the opening needed to restart joint oil and gas development talks with China in the disputed South China Sea, marking the most direct signal yet of a broader realignment in Philippine foreign policy driven by surging fuel prices. Speaking to Bloomberg Television […]