Business

Japan is on its highest energy alert in decades, with Prime Minister Sanae Takaichi announcing the country will begin its biggest-ever oil release from strategic reserves this Thursday. Around 80 …

Treasury Secretary Scott Bessent is weighing Iranian crude oil as the oil price crisis reshapes global energy diplomacy in real time, he revealed Thursday. Bessent said the administration is considering …

The Iran war has created the most acute policy tension for the Bank of England since Brexit, with the committee voting unanimously to hold rates at 3.75% on Thursday as …

American consumers are facing more pain at the pump as the Iran war marks its third week and US oil prices show little sign of stabilizing. Analyst Patrick De Haan …

Oracle, alongside UAE investment firm MGX and private equity firm Silver Lake, has committed to paying the Trump administration $10 billion as a condition of its acquisition of TikTok’s US …

The Middle East energy crisis spread its economic tentacles further Thursday, hitting European gas markets and Asian stock exchanges as Iran’s military strikes continued to disrupt oil supply across the …

SpaceX is reportedly making waves in the financial sector as it moves closer to a massive initial public offering. The company is seeking to enter the market with a $1.75 …

In a major development for the global economy, oil prices fell sharply after Donald Trump expressed optimism about the end of the conflict with Iran. Brent crude, which had been …

Iran launched a remarkable military operation over the weekend, striking targets in Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait, and Israel simultaneously while threatening to push global oil prices to …

The oil market has entered a new era of instability, as the Iran conflict delivers the biggest weekly price jump since the early days of the Covid-19 pandemic. Brent crude …