Business

The EV Industry Could Not Have Scripted a Better Demand Catalyst Than $3.90 Gas

If the US electric vehicle industry had been given the opportunity to design the ideal demand catalyst, it might have struggled to improve on the current situation. Gasoline is...

US Oil Prices Set for Continued Volatility as Iran Conflict Drags Into Its Third Week

The Iran war is showing no signs of ending, and US oil prices are set for more volatility...

TikTok Deal Delivers $10 Billion to US Treasury in Historically Unusual Arrangement

The US Treasury stands to collect $10 billion as a result of the Trump administration's role in brokering...

Oil’s Dramatic Climb Continues as Gulf Ports Shut and Prices Near $100

Oil prices are once again testing the $100-a-barrel barrier as Iranian strikes on Gulf ports, storage facilities, and...

SpaceX Seeks Trillion-Dollar Valuation in Historic Market Debut

SpaceX is reportedly planning to go public with a target valuation of $1.75 trillion, marking what could be...

Trump’s Reassurances Drive Sharp Decline in International Oil Prices

In a significant development for the global economy, oil prices fell sharply after Donald Trump expressed optimism about the end of the US-Israel conflict...

Oil Crosses $100 as Iran Vows Revenge for Israeli Strikes on Tehran Facilities

Crude oil prices crossed the $100 per barrel mark for the first time in years after Iranian officials vowed revenge for Israeli strikes on...

Bond Markets Reel and Rate Cut Hopes Die as Oil Crisis Fuels Inflation Fears

Central bank rate-setters around the world are facing a dramatically altered landscape after oil prices surged past $90 a barrel this week, driven by...

BP and Shell Shares Rise as Energy Giants Benefit From Oil Price Surge

While stock markets fell broadly on Monday in response to the escalating Middle East conflict, shares in major oil companies moved in the opposite...

Trump Raises Tariffs to Highest Level Yet, Vows to Outlast Court Challenges

Refusing to be stopped by a Supreme Court ruling, President Trump announced Saturday a 15% tariff on imports from all nations, the highest universal...

British Steel Secures High-Profile Turkish Railway Deal Backed by UK Government Finance

Government-backed export support has helped British Steel land an eight-figure contract to supply rail for one of Turkey's most significant infrastructure projects, the company...