Tue, 21-Oct-2025

Exxon Mobil profit nearly doubled from previous year to about $5.5 bn

Exxon Mobil

NEW YORK: Exxon Mobil made $5.48 billion in profits in the first quarter, more than doubling its profits compared to the same quarter last year, as oil and gas prices grew consistently. However, due to the war, the oil giant had to quit its Russian activities, resulting in a $3.4 billion write-down. Including that loss, … Read more

Consequences of Sweden and Finland joining NATO

As one of Putin’s closest supporters warned NATO on Thursday, if Sweden and Finland joined the US-led military alliance, Russia would set up a nuclear- and hypersonic-missile bastion in the middle of Europe. Both Finland and Sweden are contemplating joining NATO, which has a 1,300-kilometer (810-mile) land border with Russia. In the event that Sweden … Read more