The historic drought is further constricting the flow of global trade along Panama Canal

 

The Panama Canal, the artery through which approximately 5% of global maritime trade flows, is preparing for a further reduction in vessel traffic that could deepen the crisis in the logistics sector.

Mount Etna new eruption in Catania causes airport issues: departing flights cancelled

 A new eruption of Mount Etna has sent a massive ash cloud drifting toward Catania. The situation prompted authorities to close the local airport's airspace and suspend arrivals until 10 p.m., resulting in numerous flights being diverted to the airports in Comiso and Palermo.

Pemex reported an oil spill caused by a damaged pipeline in the Gulf of Mexico

According to the EFE news agency, the spill occurred on Thursday 85 km from the city of Ciudad del Carmen (Campeche state). 

Cost of post-flood recovery for Nepal estimated $5 billion

 The country will require approximately $5 billion, The Kathmandu Post reported, citing a government report on the extent of the damage.

Europe experienced its hottest summer on record

The Copernicus service reported that August matched the record set in July 2023. 

Brent crude tops $105 as US-Iran conflict fuels supply concerns

 Brent crude rose above $105 per barrel on Thursday as the escalating US-Iran conflict heightened concerns over prolonged disruptions to global energy supplies.