Business
Oil jumps after US seizes Iranian ship near Hormuz
Supply risks around the Strait of Hormuz are pushing crude higher, raising fuel costs and economic pressure worldwide Oil…
Supply chains breaking: The hidden bottlenecks threatening to bring the global economy to a standstill
The oil price is just the tip of the iceberg that could cause major problems across the globe The surge in oil prices in…
War on Iran leaves $58 billion repair bill across region – report
US-Israel strikes and Tehran’s retaliation are pushing oil and gas facility damage costs toward $50 billion, Rystad Energy…
IMF raises Russia’s growth outlook
The economy is forecast to expand 1.1% this year on higher energy prices due to Middle East disruptions The International…
Russia strikes key energy deal with Asian BRICS partner
Indonesia has agreed to buy crude oil and liquefied petroleum gas from Moscow amid global supply shocks BRICS member…
What is fueling unrest across the EU?
The bloc is facing an energy crisis due to the Strait of Hormuz disruption, with soaring diesel prices triggering protests…
Middle East war triggering global energy ‘shock’ – IMF
Disruptions to oil and gas supplies will leave lasting “scars” on the world economy, managing director Kristalina Georgieva…
White House warns staff over Iran war bets – media
The warning comes as markets have spiked on several occasions before big announcements by President Trump The White House…
Mexico threatens to ditch US gas
The country has signaled a shift toward domestic fracking as global energy prices soar due to the war in the Middle East…
US energy giants report fallout from Middle East war
Exxon and Chevron have both disclosed production declines which resulted from the Iran conflict US energy giants ExxonMobil…