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Iraq's oil minister said the new Basra-Feshkhabur oil pipeline is expected to cost no more than $15 billion.

2026-08-08

Iraq's oil minister said the new Basra-Feshkhabur oil pipeline is expected to cost no more than $15 billion.

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2026-08-08

Bloomberg reported on Aug. 7, citing people familiar with the matter, that the Pentagon plans a first test of its under-construction 'Jinqiong' space-based missile-defense system before year-end. In April the U.S. Space Force awarded contracts to 12

Bloomberg reported on Aug. 7, citing people familiar with the matter, that the Pentagon plans a first test of its under-construction 'Jinqiong' space-based missile-defense system before year-end. In April the U.S. Space Force awarded contracts to 12 firms, including SpaceX and Lockheed Martin, to develop space-based interceptors; sources said the government is prepared to pay $60m to Contractors if interceptor ground tests are successfully completed by year-end. The Space Force expects to begin procuring systems from teams that pass final tested from 2030.
2026-08-08

BHP ship loaders at Port Hedland, Western Australia, began a 24-hour strike to halt loading of bulk carriers between Aug 8–9, starting at 05:30 AWST Saturday. BHP says roughly 200 of about 1,200 port employees are union members eligible to take actio

BHP ship loaders at Port Hedland, Western Australia, began a 24-hour strike to halt loading of bulk carriers between Aug 8–9, starting at 05:30 AWST Saturday. BHP says roughly 200 of about 1,200 port employees are union members eligible to take action; two of seven operational ship loaders are fully automated and expected to be unaffected. Port Hedland handles about 500 mln tonnes of iron ore a year and is among the world’s largest export ports; any disruption could ripple through the global iron ore market. Traders are monitoring whether the dispute will escalate into a prolonged stoppage that could materially affect flows and prices.
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