World & Analysis

News24 | OPEC+ approves further oil output increase as Hormuz exports start to recover

OPEC+ has approved an increase in oil output to 188,000 barrels per day starting August, contingent on the resumption of ship movements through the Strait of Hormuz. The decision comes as exports from the strategic waterway show signs of recovery.

Lesiba says: As a Southern African nation dependent on global energy markets, Lesotho should monitor OPEC+ production decisions and their impact on fuel prices and regional economic stability. Geopolitical tensions affecting the Strait of Hormuz remain a critical factor influencing global energy security and developing economies' import costs.

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Read more

How we built a realtime system for responsive voice AI in six months

After killer quarter, Palantir CEO Alex Karp calls AI industry ‘Marxist’

AWS is helping vibe-coding startup Superblocks, and the implications are big

DesignArena creators raise $7.9 million to bring taste to AI models