Business

Japan is set to execute the biggest-ever release of oil from its national strategic stockpile, Prime Minister Sanae Takaichi confirmed this week, as the country prepares for potential energy shortages …

Treasury Secretary Scott Bessent’s announcement Thursday that the US may temporarily lift sanctions on Iranian crude oil stranded on tankers has highlighted the deep tension between economic stabilization and geopolitical …

The Bank of England’s inflation-fighting credibility is being tested by the Iran war, as the institution voted unanimously to hold rates at 3.75% on Thursday while acknowledging that rising energy …

Three weeks after the US and Israel launched strikes on Iran, US oil prices remain in turmoil, with analysts bracing for another volatile session on Monday. Petroleum expert Patrick De …

As TikTok’s rebranding as an American-owned platform proceeds, the most striking financial detail is not the platform’s valuation or its advertising revenues — it is the $10 billion that will …

Oil prices climbed sharply Thursday as Iran mounted coordinated strikes on energy infrastructure across Bahrain, Iraq, Oman, and the Strait of Hormuz, heightening fears that the global crude supply chain …

SpaceX is reportedly planning an initial public offering that could value the company at $1.75 trillion upon its debut. Such a valuation would immediately place the aerospace giant as the …

In a major development for the global economy, oil prices fell sharply after Donald Trump expressed optimism about the end of the conflict with Iran. Brent crude, which had been …

The images were impossible to ignore: towering columns of black smoke rising above Tehran as Israeli strikes set oil storage facilities ablaze, while Gulf states reeled from Iranian drone and …

The aviation industry is among the most immediate victims of the oil price explosion triggered by the Iran conflict, with airline stocks suffering dramatic falls as Brent crude surged past …