Business

Japan, a resource-poor nation that has spent decades building world-class energy reserves precisely to guard against crises like the current one, has announced the biggest-ever drawdown of its strategic petroleum …

In a policy announcement that turned heads in financial and diplomatic circles Thursday, Treasury Secretary Scott Bessent said the US is seriously weighing a temporary lifting of sanctions on Iranian …

The Bank of England has indefinitely paused what many had assumed would be a steady path of interest rate reductions, voting unanimously to hold at 3.75% as the war in …

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 …