Business

Japan’s Prime Minister Sanae Takaichi has ordered the release of approximately 80 million barrels of oil from the nation’s strategic stockpile — the country’s largest such action on record. The …

The Trump administration is considering using Iranian oil stranded on tankers as an emergency supply buffer, Treasury Secretary Scott Bessent disclosed Thursday. Bessent said the potential temporary lifting of sanctions …

The FTSE 100 came under pressure on Thursday after the Bank of England voted unanimously to hold interest rates at 3.75% and signalled that the Iran war could force borrowing …

US oil prices are approaching the psychological $4-per-gallon threshold as the Iran conflict enters its third week and continues to disrupt global energy markets. Analyst Patrick De Haan has placed …

The $10 billion fee the Trump administration will receive from TikTok’s new investors may signal a meaningful shift in how the US government understands its economic role in major corporate …

Saudi Aramco issued a stark warning Thursday about catastrophic consequences for global oil markets as the shipping crisis in and around the Strait of Hormuz deepened, with Iranian forces striking …

Elon Musk’s SpaceX is preparing for what could be the largest initial public offering in history, with a target valuation of $1.75 trillion. The company is reportedly leaning toward a …

Energy markets saw a significant reduction in prices on Tuesday after Donald Trump described the military campaign against Iran as nearly finished. Brent crude fell to approximately $91 per barrel, …

The human and economic cost of the Middle East conflict came into sharp focus over the weekend as a desalination plant in Bahrain was struck, Saudi civilians were killed in …

The UK economy is facing a painful double blow from the Iran conflict: soaring oil prices that threaten to reignite inflation, and the collapse of expectations for an imminent interest …