Business

Drivers Eye Electric Vehicles as Iran Conflict Keeps Gas Prices Stubbornly High

American drivers have rarely had a more compelling financial reason to consider electric vehicles. National gasoline prices, at $3.90 per gallon, have reached their highest point in nearly three years — a direct result of the oil supply disruption caused by the Iran conflict. Consumer response has been immediate, with electric vehicle searches rising 20 percent since the hostilities began, according to CarEdge. The oil...

US Oil Prices Grip American Households as Iran War Blocks Key Oil Arteries

The Iran war is gripping American households through its direct impact on US oil prices, with key global oil arteries blocked and energy costs surging into their third week of increases. Analyst Patrick De Haan projects that Monday's national pump average could reach $3.85 per gallon, while acknowledging that $4 gasoline is still a possibility. The blockade of the world's most critical oil shipping...

No Deal Without a Fee: How Trump Made $10 Billion the Price of TikTok’s US Survival

For TikTok to survive in the United States, its investors had to agree to one extraordinary condition: a $10 billion payment to the Trump...

Oman, Iraq, Bahrain: How Iran’s Campaign Is Closing Off the Gulf’s Oil Exits

Iran's systematic targeting of oil export infrastructure across the Gulf is closing off the region's energy exits one by one, with Oman, Iraq, and...

SpaceX Listing: A Trillion-Dollar Shift in the Tech Sector

Elon Musk’s SpaceX is preparing for a public debut that could see it valued at approximately $1.75 trillion. The aerospace leader is reportedly in...

Trump Administration Pivots to Sanction Waivers to Stop Oil Price Hike

Following a high-level discussion with Russian President Vladimir Putin, Donald Trump has signaled a temporary easing of oil sanctions to stabilize global fuel costs....

Oil Jumps as Iran’s War Expands from the Gulf to Lebanon and Gaza

The Iran-Israel conflict demonstrated its full geographic reach over the weekend, with fighting spreading from the Gulf to Lebanon and Gaza while Iranian strikes...

Gulf Storage Clocks Are Ticking: 20 Days to Potential Oil Production Collapse

A countdown clock is now ticking on Gulf oil production, with energy consultants estimating that storage facilities in Saudi Arabia and the UAE could...

From Ras Laffan to Your Heating Bill: The Full Story of Monday’s Energy Crisis

Few events in recent years have illustrated as vividly as Monday's energy market turmoil how a single drone attack on a remote industrial facility...

Trump Raises Tariffs to 15%: The Day the Trade War Changed Forever

There are moments in the history of trade policy that mark a permanent shift in the landscape — moments after which the old rules...

British Steel Wins Tens of Millions in Turkish Rail Deal Despite Financial Struggles

British Steel has landed a major international contract worth tens of millions of pounds to supply rail for a new high-speed railway in Turkey,...

Import Volume Adjustments Reflect Strategic Response to Changing Trade Landscape

India's crude oil import volume adjustments in 2025 demonstrated a strategic response to an evolving trade landscape rather than reactive policy changes. While US...

Bank of England Keeps Rates at 3.75% as Fiscal-Monetary Policy Coordination Shapes Outlook

The Bank of England has maintained interest rates at 3.75%, with Chancellor Rachel Reeves's fiscal policy measures playing a crucial role in enabling future...

Gold and Silver Markets Rebound Following Historic Crash on Monetary Authority Announcement

Monday's trading session brought significant recovery to precious metals after extreme price swings that had rattled investors worldwide. Gold prices bounced back from an...