Business

Trump Claims Military Progress as Oil Prices Drop Below $100

Donald Trump told the world on Tuesday that the conflict in the Middle East is "very complete," leading to an immediate and sharp drop in global oil prices. Brent...

Oil Alarm: Iranian Strikes on Gulf Water Supplies Signal Dangerous Escalation

The targeting of Bahrain's desalination plant by Iranian forces marked a chilling escalation in the Middle East conflict...

Developing Nations Hardest Hit as Oil Tops $90 and Dollar Strengthens

The world's developing nations are facing a double blow from the Iran conflict: surging oil prices that are...

Petrol Stations Brace for Price Surge as Oil Heads Toward Triple Digits

Petrol station operators across the United Kingdom and other energy-importing nations were bracing for significant price increases on...

Trump Raises Tariffs as Macron Celebrates Rule of Law and Merz Warns of Economic Poison

Two of Europe's most powerful leaders offered contrasting but equally pointed responses Saturday as President Trump announced a...

Five-Year Extension: Peak Oil Demand Now Forecast for 2030 at 103M b/d

The global moment of peak oil demand has been extended by five years, now expected in 2030 at 103 million barrels per day (b/d),...

Is Genius Enough? Why “Extraordinary Luck” Is a Key Ingredient in Musk’s Plan

While Tesla's board cites Elon Musk's "visionary leadership" as the key to its future, some analysts suggest another, equally important ingredient will be needed...

Is the UK Government Signalling a Tougher Stance on the City

A £6.4 billion question emerged on Friday: Is the UK government signalling a tougher stance on the City? While the call for a windfall...

Rosneft in Focus: The Russian Side of the Potential Exxon Deal

While India faces US tariffs, Russia's state-controlled oil firm, Rosneft, is at the center of discussions that could see it partner once again with...

The Hybrid Compromise: How Toyota Championed a Slower EV Transition

The UK's decision to soften its EV mandate represents a significant victory for champions of a slower, hybrid-inclusive transition, a position most prominently held...

Financial Storm: How Trump’s Permit Review Sparked a Crisis at Ørsted

A financial storm has engulfed Danish energy firm Ørsted, sparked by the Trump administration's review of offshore wind permits. The company’s stock has been...