Business

Japan has taken historic action to protect its energy supply, announcing the biggest-ever release from national oil reserves — 80 million barrels to refiners from Thursday — as the US-Israel …

Treasury Secretary Scott Bessent made a dramatic policy announcement Thursday, revealing that the Trump administration is considering temporarily waiving sanctions on Iranian crude oil floating on tankers in international waters. …

Policymakers at the Bank of England chose to hold interest rates at 3.75%, but the decision was overshadowed by the growing threat posed by the war involving the United States, …

Global energy markets remain on high alert as the Iran war drives US oil prices higher into a third week of conflict, with fresh volatility expected Monday. Analyst Patrick De …

SpaceX is reportedly finalizing its plans for a massive initial public offering on the Nasdaq this summer. The company is seeking a valuation of $1.75 trillion, reflecting its dominant position …

In an effort to provide immediate relief to the global energy market, Donald Trump has announced that the US may waive some oil-related sanctions. This news immediately impacted the prices …

Global oil markets held firmly above $100 per barrel as Iran’s Revolutionary Guards issued fresh warnings to Gulf states, threatening that the worst of the conflict’s energy consequences had not …

In the space of a single extraordinary week, the Iran conflict has reshaped the global energy landscape more thoroughly than any event since the Covid-19 pandemic. Oil has surged more …

The announcement by major shipping company Maersk that it was suspending transits through both the Strait of Hormuz and the Suez Canal simultaneously transformed what was already a serious energy …

While President Trump’s announcement of a 15% universal tariff grabbed global headlines Saturday, the details buried in the policy reveal important exemptions that could shield some of the most sensitive …