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...

Chery Opens Liverpool Research Hub as UK Manufacturing Partnership Develops

Chinese automotive manufacturer Chery is opening its European research and development headquarters in Liverpool, consolidating European commercial vehicle operations on Merseyside. The state-owned carmaker...

EasyJet Blasts EU Cabin Bag Mandate as Destroyer of Flexible Pricing Models

Budget airline EasyJet has condemned European Union baggage regulations for threatening to destroy the flexible pricing models that have revolutionized affordable air travel across...

Trump Slams South Korea with Brutal 25% Tariff Threat Over Legislative Failures

Donald Trump has slammed South Korea with a brutal tariff threat, promising to impose 25% duties on major exports unless Seoul's legislature acts on...

Protecting Public Wealth: Taxpayer Advocate Demands Return of German Bullion

The European Taxpayers Association has joined the intensifying debate over Germany’s overseas gold, arguing that the security of public assets must be the government's...

Member State Coercion Protection Extended to American Pressure

European lawmakers have formally halted the US trade agreement ratification, challenging President Trump's attempt to condition tariff policy on European support for his Greenland...

Gold Hits $4,671 and Silver Climbs to $93 as Jefferies Economist Warns Markets Grown Too Comfortable with Taco Theory

Precious metal markets carved historic territory on Monday as both gold and silver achieved unprecedented price levels while prominent economists challenged market complacency. Gold...

BP Retreats from Green Frontlines with $5bn Impairment

BP is sounding a retreat from the frontlines of the green energy transition, announcing a $5 billion impairment on its low-carbon assets. The move...

Trump to India: 25% Tariff Looming if Iran Trade Continues

President Donald Trump has placed India in a diplomatic and economic bind by threatening a 25% tariff on any country that continues to trade...

Trump to Wall Street: “Stop Ripping Off Americans”

Donald Trump has delivered a blunt message to Wall Street: "Stop ripping off Americans." In a Truth Social post announcing a 10% cap on...

Trump’s Venezuela Oil Promise Lacks Industry Backing

Major US oil companies have offered minimal confirmation of President Trump's assertion that they're prepared to spend billions reconstructing Venezuela's oil industry. The president's...

Oil Markets Sink to Lowest Levels in Nearly Five Years

The global petroleum sector has recorded its most severe annual downturn since the pandemic crisis, with crude prices dropping nearly 20% during 2025. This...