Business

Japan’s economy faces a potential shockwave if the Strait of Hormuz is closed, and the government has responded by announcing the largest strategic oil release in the country’s history. Prime …

Treasury Secretary Scott Bessent identified Iranian crude oil stranded on tankers as a key navigation tool for managing the historic oil supply shock caused by Iran’s Strait of Hormuz closure, …

The Bank of England’s honest acknowledgement on Thursday that the most effective solution to the UK’s inflation problem lies in international diplomacy rather than domestic monetary policy reveals the fundamental …

US oil prices are reflecting the direct cost of war as the Iran campaign disrupts global energy supply for a third consecutive week, with pump prices approaching $3.85 per gallon. …

The financial terms of TikTok’s ownership transition — specifically the $10 billion fee flowing to the Trump administration — are likely to be studied by lawyers, economists, and political scientists …

The global oil market is in a state of shock, with prices oscillating around $100 a barrel as governments deploy unprecedented emergency measures that have so far been insufficient to …

SpaceX is on the verge of a public offering that could value the company at a staggering $1.75 trillion. This move would likely make it the largest IPO in history, …

Global energy investors pivoted from panic to cautious optimism on Tuesday as Donald Trump declared the military campaign in Iran to be “ahead of schedule.” The price of Brent crude, …

In one of the most striking contradictions of the entire conflict, Iran’s president publicly apologized to Gulf neighbors and pledged to halt strikes against them — only for the Iranian …

Banks and financial institutions around the world are urgently reassessing their risk models as oil surges past $91 a barrel and creates a stress scenario that was not adequately captured …