Donald Trump plans to resume oil production in Venezuela to lower global prices to $50 per barrel. This would allow the US to control about 30% of the world's raw materials market.
Real Madrid may involve Kylian Mbappé in the Spanish Super Cup final against Barcelona, despite his incomplete recovery from a knee injury. Coach Xabi Alonso called it a "controlled risk" for the sake of the trophy.
The Warner Bros. Discovery board of directors rejected Paramount's revised takeover bid, deeming it insufficiently attractive compared to the Netflix deal. Paramount's offer was called "inadequate" and excessively risky due to significant additional debt.
The Yemeni government, supported by Saudi Arabia, has regained control of the city of Mukalla and Hadramaut province. This happened after a series of Saudi coalition airstrikes on separatist positions.
OPEC+ agreed to maintain stable oil production, despite an 18% price drop in 2025 and tensions between Saudi Arabia and the UAE. Eight countries raised their production targets by 2.9 million barrels per day from April to December 2025.
Yemen's Transitional Council agreed to talks with Saudi Arabia after losing the eastern port of Mukalla. This happened amid military successes of the Yemeni government and the weakening of separatist positions.
The governor of Yemen's Saudi-backed Hadramaut province announced the start of an operation to reclaim positions in the south of the country.
Yemen's main air gateway, Aden International Airport, has suspended operations due to a dispute between Saudi Arabia and the UAE over flight restrictions. This happened amid the biggest crisis in relations between Riyadh and Abu Dhabi in a decade.
Bloomberg presented a review of the 11 most anticipated hotel properties scheduled to open in 2026. The list includes private island resorts and renovated historic palaces in major metropolises.
Oil prices were little changed on Wednesday but are expected to fall by more than 15% over 2025. This is due to fears of oversupply, despite wars, tariffs, and sanctions.
Brent crude futures rose 2. 1% to $61.91, while WTI gained 2.3% to $58.03. This came amid talks between the Ukrainian and US presidents on ending the war and potential oil supply disruptions in the Middle East.
Separatists in southern Yemen accused Saudi Arabia of airstrikes on their forces in Hadhramaut after a warning about troop withdrawal. This escalates the situation in the country and jeopardizes the coalition fighting the Houthis.
Burundian midfielder Igiraneza Aime Guerric died after collapsing during a match. According to eyewitnesses, the cause of death was swallowing a gris-gris coin, which is used in witchcraft rituals.
The Yemeni government and the Houthis have agreed to release 2,900 prisoners, the largest exchange in 11 years of civil war. The agreement, signed in Muscat with the support of the UN and the Red Cross, includes citizens of Saudi Arabia and Sudan.
Paramount has updated its offer to acquire Warner Bros. Discovery with Larry Ellison's personal guarantee of $40.4 billion. The total value of the deal is $78 billion, exceeding Netflix's offer.
The global oil market is experiencing an oversupply of "black gold," pushing oil prices down. A record 1.3 billion barrels of crude oil are in transit or awaiting buyers in the world's oceans.
The UN Human Rights Office accused the Sudanese group RSF of massacring over 1,000 civilians in the Zamzam camp in North Darfur. Militants used sexual violence and blocked food supplies, leading to starvation.
Sovereign wealth funds from Gulf countries have joined forces to finance Warner Bros. Discovery's potential acquisition of Paramount. This move underscores their growing desire for Hollywood assets and influence in the global media market.
Yemen's airspace was briefly closed after the separatist Southern Transitional Council group seized territory in Hadramaut province. This exacerbated internal divisions within the anti-Houthi forces and led to hundreds of passengers being delayed.
The retail price of gasoline in Russia is 67. 1 rubles per liter, which is higher than the price in the US ($2.98 per gallon). This is due to the high share of taxes and fees in Russian pricing.
The United States of America has invited Poland to participate in next year's Group of 20 (G20) summit in Miami. This invitation is due to Poland's economy entering the world's top 20, while South Africa, despite being a G20 member, will not be invited.
Indian state-owned refineries Indian Oil and Bharat Petroleum are resuming purchases of discounted Russian crude oil at around $5 a barrel. India's total purchases are unlikely to exceed 600,000 barrels per day, with payments made in UAE dirhams and US dollars.
A Ukrainian government and business delegation visited Saudi Arabia, where a meeting of the Joint Business Cooperation Council took place. The Ukrainian side presented investment projects worth over $1 billion in various sectors.
Donald Trump asked a journalist, "Are you clueless?" during a press conference. This happened after he announced the death of Sarah Backstrom, one of two National Guard service members wounded in the attack.
The FIFA Disciplinary Committee has decided not to suspend Cristiano Ronaldo from the 2026 World Cup matches, despite his red card. The footballer served one match of punishment, and the rest of the disqualification has been postponed for a one-year probationary period.
Lebanon has detained Nuh Zaiter, the country's most wanted drug lord, who had been on the run for years. He was taken into custody during an operation near Baalbek after a brief standoff.
The United States and Saudi Arabia have signed a multi-billion dollar civilian nuclear energy agreement. This happened during Crown Prince Mohammed bin Salman's visit to Washington.
Donald Trump stated that Mohammed bin Salman "knew nothing" about Jamal Khashoggi's murder, contradicting US intelligence findings. The Crown Prince called the murder a "huge mistake," and Khashoggi's widow called on him to apologize.
US President Donald Trump aims to officially make Saudi Arabia a major non-NATO ally to strengthen relations. This would give Saudi Arabia priority access to military equipment and participation in joint projects.
Cristiano Ronaldo attended a dinner at the White House with Saudi Crown Prince Mohammed bin Salman, where Donald Trump mentioned the footballer's meeting with his son Barron. Ronaldo arrived in Washington with his fiancée and took selfies with Elon Musk and other influential figures.
