Explore

Oil prices fall as IEA agrees to accelerate oil stock release

Oil prices fall as IEA agrees to accelerate oil stock release

By Georgina McCartney HOUSTON, Oct 7 (Reuters) - Oil prices fell on Wednesday in choppy trade after the International Energy Agency agreed to speed up a release of oil stocks and prioritise diesel in a bid to curb record high fuel prices as the Iran war squeezes global supplies.

Cost-of-living crises have lasting impact on inflation expectations, poverty, IMF says

Cost-of-living crises have lasting impact on inflation expectations, poverty, IMF says

By Andrea Shalal WASHINGTON, Oct 6 (Reuters) - Sharp spikes in food and energy prices will likely become more common, the International Monetary Fund said, warning such crises drive inflation expectations higher for longer, worsen poverty and threaten economic stability.

Autonomous Systems Face Growing GPS Interference and Spoofing Threats in Modern Warfare

Autonomous Systems Face Growing GPS Interference and Spoofing Threats in Modern Warfare

GPS interference and spoofing have become standard elements of modern warfare, posing significant challenges to autonomous systems such as drones, missiles, and ships. GPS jamming, which involves overwhelming satellite signals with high-powered radio interference, effectively blinds these systems. GPS spoofing, an even more advanced issue, can misdirect these assets, making them appear to be in locations where they are not. This technology has the potential to escalate conflicts, such as the one in Ukraine, by causing misdirected drones to cross international borders. The increasing prevalence of electronic warfare (EW) means that future conflicts are likely to feature GPS spoofing and jamming as routine operational components. Beyond deliberate attacks, there is also the basic risk of signal loss, which further complicates operations for autonomous systems.

Oil prices settle down as IEA agrees to accelerate oil stock release

Oil prices settle down as IEA agrees to accelerate oil stock release

By Georgina McCartney HOUSTON, Oct 7 (Reuters) - Oil prices settled lower on Wednesday following a choppy session after the International Energy Agency agreed to speed up a release of oil stocks and prioritize diesel in a bid to curb record-high fuel prices as the Iran war squeezes global supplies.

Oil rises as investors mull supply threats

Oil rises as investors mull supply threats

By Robert Harvey LONDON, Oct 7 (Reuters) - Oil prices rose on Wednesday, with Brent futures holding above $100 a barrel, on continued Middle East supply risks and a storm heading for oil-producing regions in the United States.

As Trump Dithers, Ukraine War Is Approaching a ‘Fatal Point of No Return’

As Trump Dithers, Ukraine War Is Approaching a ‘Fatal Point of No Return’

Russia is escalating while the Trump administration pursues deals that could help Moscow’s war economy

Oil rises as investors weigh supply threats

Oil rises as investors weigh supply threats

By Robert Harvey LONDON, Oct 7 (Reuters) - Oil prices rose on Wednesday, with Brent futures holding above $100 a barrel, on continued Middle East supply risks and a storm heading for oil-producing regions in the United States.

US Army tests counter-drone tech at Mexican border as cartel drone use rises

US Army tests counter-drone tech at Mexican border as cartel drone use rises

By Mike Blake YUMA, Arizona, Oct 5 (Reuters) - The US Army is testing counter-drone technology in the US-Mexico border area, seeking to sharpen its defenses against the growing threat of drone use by cartels and emulate the rapid battlefield innovation happening in Ukraine's war with Russia.

Ukraine claims to have taken out more than half of Russia's oil refining capacity

Ukraine claims to have taken out more than half of Russia's oil refining capacity

Ukraine said long-range strikes have put more than half of Russia’s oil refining capacity out of action

Ukraine's Military Intelligence Reveals New Russian 'Geran-4' Drone Modification Featuring U.S. Sensor

Ukraine's Military Intelligence Reveals New Russian 'Geran-4' Drone Modification Featuring U.S. Sensor

Ukraine's Main Intelligence Directorate (GUR) of the Ministry of Defense has disclosed details about a new modification of Russia's 'Geran-4' reactive drones, which Russia began deploying in the autumn. The updated 'Geran-4' incorporates a new 'MOX' block, centered around a high-precision magneto-inductive sensor (magnetometer) PNI5GA, manufactured by the American company PNI Sensor. This new block works in conjunction with the SADRA inertial navigation module, enhancing the drone's autonomous navigation accuracy by reducing gyroscope drift. Other electronic components and blocks remain consistent with previous 'Geran' models. Russia has also introduced an optical-electronic correlation system called 'Susanin' for autonomous navigation, which compares images from an optical sensor with a reference image stored in its memory to ensure route adherence. This system is also utilized in the new 'Geran-5' K5 version. Furthermore, Russian forces are now employing a new cumulative-cutting special charge (KRSN) war...

Oil falls as Middle East crude exports rise, G7 to release stocks

Oil falls as Middle East crude exports rise, G7 to release stocks

By Florence Tan NEW DELHI/SINGAPORE, Oct 5 (Reuters) - Oil prices fell on Monday as rising Middle East crude exports and a release of oil stocks by the Group of Seven nations boosted supplies, offsetting concerns about further damage to Gulf oil infrastructure as the US-Israeli war on Iran drags on.

Oil steadies on rise in Middle East crude exports and G7 stocks release

Oil steadies on rise in Middle East crude exports and G7 stocks release

By Seher Dareen LONDON, Oct 5 (Reuters) - Oil prices edged higher in volatile trade on Monday after crude exports from the Middle East increased and the Group of Seven nations pledged to boost supplies, though selling was limited by ongoing disruption fears linked to the US-Israeli war on Iran.