More News13 May 2026 | 10:48 PMParis, May 13 (UNI) Counties worldwide are now tapping into oil inventories and strategic reserves at a "record pace" due to the "unprecedented" supply disruptions caused by the ongoing Iran war, the International Energy Agency said today.
see more.. 13 May 2026 | 10:25 PMMoscow, May 13 (UNI) Following Russia's latest launch of its RS-28 Sarmat intercontinental ballistic missile, Kremlin spokesperson Dmitry Peskov today said that Moscow is yet to receive any official response from the US, while outlining Moscow's position on the Ukraine peace talks and future ties with Washington.
see more.. 13 May 2026 | 9:01 PMIslamabad, May 13 (UNI) Pakistan's Finance Minister Muhammad Aurangzeb held talks with an IMF delegation in Islamabad today, and discussed preparations for the upcoming federal budget, required economic reforms and efforts to maintain macroeconomic stability amid growing regional uncertainty.
see more.. 13 May 2026 | 7:20 PMWashington, May 13 (UNI) US Defence Secretary Pete Hegseth has further raised the estimated cost of the ongoing Iran war from an initial $25 billion to over $29 billion, warning that the overall financial burden on the US may eventually force prices to rise far higher as the conflict drags on without any resolution in sight.
see more.. 13 May 2026 | 7:01 PMParis, May 13 (UNI) Global oil reserves are shrinking rapidly due to the disruptions caused by the ongoing US-Israel war against Iran, as well as posing the threat of further oil price surges in the near future, the International Energy Agency (IEA) has warned.
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