Business
IEA issues oil demand warning
The Strait of Hormuz disruption is set to trigger the first annual decline in crude consumption since Covid-19, the energy…
Germany to hit its industry with more energy tariffs
The German government will introduce an energy levy to fund the construction of a national gas reserve. German industry…
German corporate bankruptcies hit 21-year high
Almost 5,000 companies filed for insolvency in April-June 2026, according to new data Germany has recorded its highest…
US LNG exporter cashes in on Iran war
America’s second-largest liquefied natural gas exporter, Venture Global, says its average liquefaction fee has jumped 69% US…
Corruption suspected at Ukrainian shipping giant – media
The Ukrainian Danube Shipping Company has been plagued by failures that cannot be linked to “external” factors, a leaked…
Running on empty: What’s driving Europe’s auto industry crisis?
Plant closures and layoffs expose a perfect storm fueled by the shift away from Russian energy, green policies, and fierce…
Why Europe still needs Russia to keep the lights on
The EU wants to cut Moscow out of its nuclear sector, but its reactors remain tied to Russian fuel, technology, and capacity…
US strategic oil reserve at risk – watchdog
Aging infrastructure and record-low inventories could undermine future crisis response, the GAO has said The US Strategic…
The Hormuz Shock And The Coming Supply Crunch
Darren Woods, Chairman and CEO of ExxonMobil, Saad Sherida Al-Kaabi, Minister of State for Energy Affairs of Qatar and…
Target Plus Dials Up The Plus As New Brands Join Its Invite-Only Marketplace
SAN DIEGO, CALIFORNIA – APRIL 25: A Target logo is displayed outside a store on April 25, 2025 in San Diego, California…