Business

Japan is drawing long-term lessons from its current energy dependency crisis as it announces the country’s largest-ever strategic oil release. Prime Minister Sanae Takaichi confirmed that about 80 million barrels …

Treasury Secretary Scott Bessent revealed Thursday that the administration is weighing the Iranian crude option despite long-term concerns about its strategic consequences, as the immediate economic pressure from Iran’s Hormuz …

The Bank of England voted unanimously to keep its base rate at 3.75% on Thursday, warning that the ongoing US-Israel conflict against Iran has brought an unwanted echo of the …

Three weeks of military conflict with Iran have taken a heavy toll on US oil prices, with Monday expected to bring yet another turbulent session for energy markets. Patrick De …

The forced sale of TikTok’s US operations from ByteDance to American investors has produced an outcome few anticipated: a $10 billion payment flowing directly to the Trump administration. This payment, …

Concerns about a global stagflationary shock are intensifying as oil prices hover near $100 a barrel and the conflict in the Middle East shows no sign of abating. Brent crude …

Elon Musk’s SpaceX is considering a public listing on the Nasdaq that could value the company at $1.75 trillion. This IPO would be the largest in history, positioning SpaceX as …

Global energy markets experienced a major shift on Tuesday after Donald Trump issued a series of statements aimed at calming investors and warning adversaries. Brent crude prices fell significantly from …

A dramatic weekend of violence across the Middle East sent global oil prices above $100 per barrel, as Israel bombed fuel storage facilities in Tehran and Iran launched drone and …

Stock markets across the Asia-Pacific region suffered their worst weekly performance since the onset of the Covid-19 pandemic, as the oil price crisis triggered by the Iran conflict sent shockwaves …