Business

Japan’s government has activated its largest-ever strategic oil reserve deployment, with Prime Minister Sanae Takaichi announcing that approximately 80 million barrels will be released to refiners from Thursday. The move …

In an unexpected twist in the ongoing standoff over Iran’s Strait of Hormuz closure, Treasury Secretary Scott Bessent revealed Thursday that the US may soon allow the sale of Iranian …

The economic cost of the conflict between the United States, Israel, and Iran is becoming starkly visible in Europe, with the EU’s energy import bill rising by 6 billion euros …

The war between the US, Israel, and Iran entered a new, more destructive phase this week with successful strikes on oil and gas production sites. Brent crude prices responded by …

The regional war in the Middle East has spilled over into the world of international trade, as President Trump links military cooperation to market access. Following the commencement of U.S. …

The financial terms of TikTok’s restructuring have come into sharp focus, with the Trump administration set to receive a total of $10 billion from investors who assumed control of the …

Chinese Vice-Premier He Lifeng will visit France to participate in the sixth round of economic and trade consultations with the United States. The meetings are scheduled to take place from …

The United States has issued a temporary 30-day authorization for the purchase of Russian oil currently stranded at sea to prevent a global energy collapse. Announced by Treasury Secretary Scott …

The energy landscape in Great Britain is set to change as Tesla receives its formal electricity supply licence from Ofgem. This regulatory approval enables the company to provide power to …

President Donald Trump has revealed that a $300 billion oil refinery will be constructed at the Port of Brownsville, Texas. This facility, the first new refinery in the U.S. in …