Christyan Malek, the head of JPMorgan's EMEA energy stock research, alerted investors on Friday that the recent Brent price increase would continue its journey upwards to $150 per barrel by 2026, according to a recent research report. The $150 price warning was sparked by a number of factors, such as capacity shocks, an energy supercycle, and, of course, global attempts to move away from fossil fuels. Recent production cuts by OPEC+, primarily spearheaded by Saudi Arabia, which nearly eliminated 1 million bpd from the market, along with a Russian embargo on fuel exports, caused crude oil prices to soar.
Donald Trump Jr's account on X, formerly known as Twitter, was hacked, according to a spokesman for the former president on Wednesday after the account started sharing a number of strange and unpredictable remarks. “Don’s account has been hacked,” Andrew Surabian posted on X, adding that a post claiming the former president had died was “obviously not true.”
Kim Jong Un, the North Korean leader, is returning home from Russia with a collection of gifts from his hosts, including a high-quality Russian rifle, a cosmonaut's glove, and military drones. These gifts are destined for the "friendship" museum, where North Korea stores gifts received by its three generations of leaders. Gifts from Russia Kim received a top-tier Russian rifle following his summit with President Putin, reciprocating with a rifle crafted by North Korean artisans. Putin also presented him with a space glove from a spacesuit worn in orbit. The governor of the Primorsky region gave Kim modern, lightweight body armour designed for assault operations.
In a historic development, Pakistan's first female astronaut Namira Salim is set to embark on a journey to space, Khaleej Times reported. Based in Dubai, Namira — who had hoisted Pakistan’s flag at the North Pole in 2007 — will begin her celestial expedition on October 5. Space tourism company, Virgin Galactic Holdings, has announced that their Galactic 04 flight window will commence its trip next month. Namira has already clinched the position of Astronaut No 6 after Founder Astronaut of Virgin Galactic Richard Branson designated her a seat. Her first voyage to space will be facilitated by Astronaut 019. The Government of Pakistan officially recognised Namira as the first astronaut in the country in 2006. She also served as honorary ambassador of tourism for Pakistan in 2007.
