Constitutional pacifism is shaping Japan’s response to the Middle East energy crisis as decisively as its strategic oil reserves, with Prime Minister Sanae Takaichi announcing the biggest-ever drawdown from national …
Treasury Secretary Scott Bessent revealed Thursday that the Trump administration is exploring a plan to temporarily lift sanctions on Iranian crude oil stranded on tankers in the open sea. The …
The Bank of England kept its benchmark rate at 3.75% on Thursday while putting UK borrowers and investors on alert about the risk of future rate hikes stemming from the …
The Strait of Hormuz shipping lanes remain at a standstill as the Iran war enters its third week, keeping US oil prices set to remain high throughout Monday’s trading …
The Trump administration’s collection of a $10 billion transaction fee from TikTok’s new investors may have set a benchmark — welcome or troubling, depending on perspective — for how future …
Oil is back above $100 a barrel and may remain there for longer than policymakers and consumers would like, as the structural disruption to Middle Eastern energy supply caused by …
Elon Musk’s SpaceX is reportedly preparing for a public listing that could value the company at $1.75 trillion. This would place the aerospace firm as the sixth-largest company in the …
The global energy sector experienced a rollercoaster 24 hours as Donald Trump’s public statements directly dictated the price of crude oil. Initially, prices tumbled as the President described the war …
The violence of the Iran-Israel conflict extended far beyond its primary theater over the weekend, with Israeli strikes killing four people in a Beirut hotel blast and 12 more in …
The Iran conflict has triggered a global energy security emergency that is exposing the dangerous degree to which the world economy remains dependent on oil and gas produced in one …
