Israeli Strike Sets Yemen’s Oil Port Ablaze

For the first time since the Israel–Hamas war erupted last October, the Israeli military has deployed fighter jets to strike Iran-backed Houthi rebels in Yemen. This action follows an incident where the rebels penetrated Tel Aviv airspace with a kamikaze drone (also...

The Dramatic Fall of Mexico’s Oil Giant

Once one of the world’s most successful oil companies, the Mexican state-owned firm Pemex, has been falling increasingly into debt over the last decade, only surviving by pursuing cheaper shallow-water oil operations and being bailed out by the government. The...