IEA cuts oil demand forecast as Hormuz remains shut Business

IEA cuts oil demand forecast as Hormuz remains shut

  • August 12, 2026
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Paris: The International Energy Agency on Wednesday sharply reduced its forecast for global oil demand this year, as supplies remain crimped by the closure of the Strait of Hormuz and high prices deter buyers. Demand is expected to slump by 1.6 million barrels per day (mb/d), compared with its forecast slump of one million barrels […]

Cancer vaccines based on mRNA advance, despite US cuts Technology

Cancer vaccines based on mRNA advance, despite US cuts

CHICAGO:  Treatments based on the same mRNA technology that delivered COVID-19 vaccines ​to market in record time are showing lasting benefit against the deadly ​skin cancer melanoma and early promise in pancreatic and brain cancers once considered impervious to immune system assault. The apparent breakthroughs in cancer vaccines – deemed one of the fastest-growing segments […]