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  1. Oil Prices Surge Amid Global Supply Disruption Fears On August 21,2025, global oil prices rose sharply due to renewed fears of supply disruptions in the Middle East. Clashes in northern Iraq and tensions involving Iranian backed militias have threatened key oil routes, including the strategic Strait of Hormuz. Brent crude rose above $88 per barrel, while US. WTI reached $84 per barrel. Energy analysts warned that any prolonged instability could led to higher fuel costs worldwide, affecting inflation, consumer spending and industrial output. Investors are closely monitoring stockpiles, shipping reports and geopolitical developments to gauge market impact. Source : Reuters Thanks for reading! Stay updated with WorldNewsInfo  2. Ukraine Peace Talks Stall Amid Territorial Disputes  The efforts to broker a peace agreement between Ukraine and Russia faced major obstacles on August 21,2025. Both sides could not reach consensus on critical issues such as territorial boundari...