Tech giant Microsoft, a key driver of demand in the emerging carbon removal market, has informed its current partners and suppliers this week that it plans to pause the purchase of new credits.

The White House has temporarily lifted some sanctions on Iranian oil purchases in an effort to stabilise global energy prices amid ongoing conflict.

The United States has temporarily allowed India to resume purchases of Russian oil for a period of 30 days as global energy markets face increasing pressure due to the ongoing conflict in the Middle East.

US Senate Minority Leader Chuck Schumer called for a full investigation into the Department of Homeland Security’s reported $172 million purchase of two Gulfstream private jets for Secretary Kristi Noem and other senior officials.

A senior aide to U.S. President Donald Trump has accused India of financially supporting Russia’s war in Ukraine by continuing to buy Russian oil, sharply criticizing New Delhi amid rising tensions between the two strategic partners.

China once again led the global electric vehicle (EV) market in February, with sales increasing worldwide compared to the same time last year, according to research firm Rho Motion.

Britain has signed a new economic agreement with Ukraine, under which Kyiv will receive $2 billion for military purchases, including missiles for air defense systems.

Türkiye has halved its imports of Russian oil due to repairs at the STAR refinery near Izmir, with the figure falling to 200,000 barrels per day in August, News.Az reports citing RBC .

The Turkish Tax Administration has prepared amendments introducing a limit on the maximum amount of cash payments — 7,000 Turkish lira (about $205 at the current exchange rate), News.Az reports citing Gazeta.Ru .