Business

The Irony of the Iran Conflict: A War Over Oil May Accelerate America’s Departure From It

There is a deep irony at the center of the current moment. A military conflict involving oil-producing Iran, which has pushed gasoline to $3.90 per gallon in the United...

US Oil Prices Expected to Remain Volatile as Iran Conflict Drags On

The ongoing US-Israel military campaign against Iran is keeping US oil prices in a state of constant flux,...

Oracle, MGX and Silver Lake Face Massive $10 Billion Bill to US Government Over TikTok

The group of investors who took control of TikTok's US operations from ByteDance are now committed to paying...

Hormuz Blockade Keeps Global Oil Markets on Edge as Prices Revisit $100

The effective closure of the Strait of Hormuz continued to reverberate through global energy markets Thursday, with Brent...

SpaceX Considers Nasdaq for World’s Largest Initial Public Offering

SpaceX is reportedly leaning toward a Nasdaq listing for an IPO that aims for a historic $1.75 trillion...

Energy Markets Rally as Trump Hints at Swift Conclusion to Iran Conflict

Global investors breathed a collective sigh of relief on Tuesday as Donald Trump signaled that the intense military confrontation with Iran could reach a...

Oil Facilities Ablaze as Iran-Israel Conflict Rocks Global Energy Supply

Towering fireballs and thick columns of smoke rose over Tehran after Israeli strikes set multiple oil storage facilities ablaze, triggering fears of a sustained...

Oil Surges to Highest Level Since 2024 as Gulf War Disrupts Energy Supply Chains

Energy markets recorded one of their most dramatic weeks in years as the Iran conflict drove Brent crude to $91.89 per barrel — the...

Motorists Warned of Surge in Petrol Prices as Oil Climbs Toward $100 a Barrel

Drivers across the United Kingdom and beyond are being warned to brace for significantly higher petrol prices in the coming weeks, as escalating conflict...

Trump Raises Tariffs and Blasts the Supreme Court in an Extraordinary 24 Hours

Saturday marked one of the most extraordinary days in the Trump presidency's trade saga — a day defined by a landmark court defeat, unprecedented...

British Steel’s Turkish Rail Contract Is a Blueprint for How UK Industry Can Win Globally

The contract between British Steel and Turkey's ERG International Group — worth tens of millions of pounds and covering 36,000 tonnes of rail for...