On Friday, oil prices saw a decline exceeding 2 percent and were on track for their most significant weekly drop since early April. This downturn was sparked by news of …
Business
As concerns mount over the European Union’s growing reliance on Chinese imports, officials within the bloc are actively debating new trade restrictions aimed at curbing this dependency. The discussions, held …
In a significant legal development, Meta has reached a settlement with a Kentucky school district over allegations that its social media platforms contribute to addictive behavior and mental health issues …
Europe is grappling with a new wave of economic disruption linked to China, a situation reminiscent of the “China shock” that rocked the United States 25 years ago. This term, …
The rapid expansion of private credit in the AI sector has sparked warnings of potential financial instability from the Financial Stability Board (FSB). This global financial watchdog, which oversees central …
Japan to Begin Biggest-Ever Oil Release as Hormuz Disruption Sparks National Emergency
Japan’s government has announced the start of its largest-ever strategic oil reserve release, with 80 million barrels to be provided to refiners beginning this Thursday. Prime Minister Sanae Takaichi made …
Treasury Secretary Moves to Use Iran’s Own Oil Reserves Against Its Economic Leverage
In a striking policy reversal, Treasury Secretary Scott Bessent announced Thursday that the United States is considering removing sanctions from Iranian oil currently floating on tankers in international waters. The …
Despite the International Energy Agency’s record-breaking release of 400 million barrels of oil, European energy ministers remain on high alert as the Iran war shows no signs of de-escalating. The …
A major escalation in the Middle East has seen the UAE’s Shah gasfield fall victim to an Iranian drone strike, triggering a fresh spike in global energy costs. The suspension …
The Trump administration has entered a critical 150-day period for its trade policy after a Supreme Court ruling invalidated its previous tariff framework. On February 20, 2026, the Court ended …