G7 finance ministers will discuss releasing up to 400 million barrels of oil due to shortages. Brent prices jumped to $120 due to the war in the region.
A climate study by scientists from South Korea and Australia has revealed the rapid spread of anomalous heat that instantly dries out the soil. Over the past forty years, the land area suffering from such combined natural disasters has increased from 2.5% to almost 17%.
A 47-year-old woman and her 13-year-old daughter died in Oklahoma due to a suspected tornado. Forecasters warn of even more intense weather conditions threatening millions of Americans.
The US National Weather Service has warned of the start of a large-scale storm season in the central regions. More than 6 million people, including residents of Kansas City and Tulsa, are under immediate threat.
Hundreds of people, including children and teachers, have died amid escalation in the Middle East - casualties reported in 7 countries.
This week, a lunar eclipse in Virgo will occur, and Mercury retrograde will continue, affecting global processes and daily life. Astrologer Ksenia Bazylenko told how these events will affect each zodiac sign.
A powerful blizzard brought over 76 cm of snow to some areas of the northeastern US, paralyzing traffic. Thousands of homes were left without electricity, and about 7,400 flights were canceled.
Delta Airlines suspends operations at New York and Boston airports until Tuesday due to winter storm. Over 8,500 flights canceled, up to 50 cm of snow and zero visibility expected.
New York authorities declared a state of emergency, banning travel and canceling classes due to the approaching largest snowstorm since 2016. Up to 60 centimeters of snow are expected, requiring residents to stay home.
Eight skiers' bodies were found after an avalanche near Lake Tahoe, with one person still missing. This avalanche became the deadliest in the US in almost half a century.
In California's Sierra Nevada mountains, six skiers were rescued after an avalanche, and nine are believed to be missing. The rescued sustained injuries, with two hospitalized.
In the US, rescue teams on skis and snowmobiles are searching for 10 skiers who went missing after an avalanche in the mountains of Northern California. Six skiers have been found and are awaiting rescue.
California is experiencing a powerful winter storm with thunderstorms, hurricane-force winds, and extreme precipitation, causing transportation collapse and the threat of landslides. Los Angeles authorities have declared maximum readiness and are calling for evacuation in at-risk areas.
A devastating storm system with tornadoes and squally winds hit Louisiana, Mississippi, Georgia, and Florida. Thousands of households were left without power, but there were no fatalities.
A winter storm has swept across a number of US regions, causing over 100 deaths and the cancellation of more than 2,000 flights. Snowfall and strong winds are observed in the East of the country.
Global oil prices rose after Trump's statement on Iran and the energy blockade of Cuba. Brent is trading above $70 per barrel, WTI – around $65.30.
Brent crude prices exceeded $69 per barrel, and WTI – $64, due to escalating tensions between the US and Iran. The market is also affected by reduced US inventories and a winter storm.
Global oil prices rose by 3% after storm "Fern" paralyzed production in the US. Extreme cold halted crude oil extraction and export from Gulf of Mexico ports.
A horrific winter storm in the US has caused at least 38 deaths in 14 states, including New York, Texas, and Tennessee. Extremely low temperatures and power outages persist in the central and eastern parts of the country.
A powerful storm in the US has killed at least 14 people and left hundreds of thousands without electricity. Over 10,000 flights have been canceled, and schools and roads across the country are closed.
A Bombardier Challenger 600 aircraft crashed during takeoff from Bangor International Airport in Maine, USA. Eight people were on board, the extent of injuries is unknown.
Airlines canceled over 13,000 flights across the US for the weekend due to a powerful winter storm. This is the largest number of canceled flights in a single day since the start of the COVID pandemic.
The bodies of three people, who likely died from hypothermia, have been found in New York. Winter storm "Fern," which began on Saturday, brought record-breaking cold and snowfalls to the United States.
A powerful winter storm has swept across the US, causing snow, ice, and power outages. Over 9,000 flights have been canceled, and 16 states have declared a state of emergency.
A massive winter storm has gripped the US, causing extreme snowfall and low temperatures, threatening "frost quakes" in Chicago. Authorities are deploying the National Guard, preparing to mitigate the consequences of the disaster.
In late January 2026, extreme cold in the US caused disruptions in oil production, particularly in the Williston Basin. While global inventories are keeping prices in check, the Permian Basin is also at risk of significant losses.
Two people have died and several more are believed to be trapped under debris following landslides on New Zealand's North Island. The landslides were caused by heavy rains, which led to flooding and power outages.
The US is preparing for a massive winter storm this weekend that could affect several states at once.
Global temperatures in 2025 did not exceed the peak levels of 2024 due to La Niña, but still ranked among the warmest. The average temperature was 1.47°C higher than pre-industrial levels, and scientists warn of further warming.
The US plans to exchange heavy Venezuelan oil for American medium crude to replenish strategic reserves. Venezuelan oil will be transported to Louisiana, and companies will be provided with American medium sour crude.