Business
The West tried to rein in Russian oil. What went wrong?
Sanctions aimed at squeezing Moscow’s revenues have instead helped drive up prices, making Russian crude more valuable…
Russia posts highest crude export earnings since 2022 – Bloomberg
Seaborne crude generated $2.75 billion in a week as higher prices and shipments lifted revenues, the outlet has said…
US strategic oil reserve plunges to 44-year low
The stockpile has shrunk by nearly a third since Washington began releasing crude in March due to the Middle East supply…
Trump ‘very seriously’ mulling diesel export ban
A US cutoff could hit Europe hard as Russian and Middle Eastern supplies remain disrupted The White House is still “very…
AI giants probing tens of thousands of security incidents – Axios
The incidents at OpenAI and Anthropic reportedly include bypassing safeguards, hijacking websites, and evading monitors in…
Ukraine’s biggest steelmaker halts production
Russian strikes have reportedly brought production at the country’s three largest plants to a halt Ukraine’s largest steel…
EU faces worst energy crisis since 2022 – Brussels
The bloc’c energy chief sounded the alarm as European gas prices nearly tripled from this year’s lows The EU could face its…
EU sounds alarm over Trump diesel ban threat
The bloc has already been grappling with tight supplies, with Ukrainian strikes on Russian refineries adding to the pressure…
German chemicals giant reveals details of downsizing
Evonik plans site closures and thousands of job cuts amid industry-wide structural crisis German chemicals giant Evonik is…
Macron urges von der Leyen to relax EU fuel rules as energy crunch bites
France is battling record diesel prices and fuel shortages as Middle East disruptions squeeze supplies French President…