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OPEC+ Formally Increases Oil Production Quotas, But Real Output Won't Grow
April 5, 2026

OPEC+ Formally Increases Oil Production Quotas, But Real Output Won't Grow

Eight OPEC+ member states agreed on Sunday, April 5th, to formally raise their collective oil production quotas by 206,000 barrels per day starting in May. However, this modest increase is largely symbolic, as key pro...

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Trump Demands Iran Open Strait of Hormuz in Profanity-Laden Social Media Rant
April 5, 2026

Trump Demands Iran Open Strait of Hormuz in Profanity-Laden Social Media Rant

Former US President Donald Trump issued a furious, profanity-laden demand directed at Iran's leadership, calling on them to reopen the Strait of Hormuz. The tirade was posted on his social media platform, Truth Social.

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Iran Lifts Strait of Hormuz Restrictions for Iraqi Oil Tankers
April 5, 2026

Iran Lifts Strait of Hormuz Restrictions for Iraqi Oil Tankers

Iran has officially exempted Iraq, the second-largest oil producer in OPEC, from all shipping restrictions imposed on the Strait of Hormuz. The announcement was made by an Iranian military representative in an Arabic-...

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US Military Rescues Second F-15E Pilot Shot Down Over Iran
April 5, 2026

US Military Rescues Second F-15E Pilot Shot Down Over Iran

American forces have successfully rescued the second pilot of an F-15E Strike Eagle fighter-bomber that was shot down over Iran. President Donald Trump announced the operation's success on Sunday, April 5th.

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Iran Rejects Trump's 48-Hour Ultimatum, Vows to Send US to 'Depths of Hell'
April 5, 2026

Iran Rejects Trump's 48-Hour Ultimatum, Vows to Send US to 'Depths of Hell'

Iranian officials have issued a sharp and defiant response to a 48-hour ultimatum from former US President Donald Trump, dismissing his threats and promising severe retaliation. On Saturday, April 4th, Trump posted on...

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Kazakh Tenge Strengthens as Dollar Drops to 475 on KASE

The US dollar exchange rate against the Kazakh tenge continued its downward trend on Tuesday, April 1. According to the results of daytime trading on the Kazakhstan Stock Exchange (KASE), the weighted average dollar r...

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