In a significant downturn, oil prices dropped over 2 percent on Friday, marking their steepest weekly fall since early April. This decline is largely attributed to emerging reports of a …
The European Union is contemplating new trade measures in response to the growing influx of Chinese imports, which has raised alarms about the EU’s increasing reliance on Chinese goods and …
Japan is mobilizing its strategic petroleum reserves on an unprecedented scale, with Prime Minister Sanae Takaichi confirming a release of 80 million barrels — the biggest-ever in the nation’s history …
Treasury Secretary Scott Bessent made headlines Thursday when he confirmed the US is weighing a plan to lift sanctions on Iranian oil currently stranded on tankers in international waters. The …
The 2026 energy crisis has reignited a debate over how much power Brussels should have over national energy markets. As prices soar due to the Iran conflict, some EU member …
The United Arab Emirates has seen its oil production collapse by 50% as Iranian strikes target the nation’s most vital energy assets. On Tuesday, Brent crude prices surged to $103.20, …
A 50-year-old law has become the center of a major constitutional clash between the U.S. President and the Supreme Court. The International Emergency Economic Powers Act (IEEPA) of 1977 was …
TikTok will continue to serve millions of American users under a newly restructured ownership arrangement, but the deal that secured its future in the US comes with an extraordinary cost: …
Chinese Vice-Premier He Lifeng is preparing to lead a delegation to France for a new round of economic discussions with the United States. The talks will take place over four …
Late Thursday, the Trump administration announced a 30-day waiver on sanctions for Russian oil currently at sea, citing the need to stabilize global energy prices. Treasury Secretary Scott Bessent noted …
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