Business

Oil Dips Under $100, Boosting European Markets Amid Iran Peace Prospects

Oil prices experienced a significant drop on Monday, descending below the $100-a-barrel mark, as progress in the United States-Iran negotiations offered a glimmer of hope for a potential peace deal. Brent crude, the global oil benchmark, fell by approximately 6% to around $97 per barrel, marking its lowest point in two weeks. The market reacted positively to reports indicating that discussions aimed at resolving...

Mexico, EU Slash Trade Barriers, Strengthen Ties Amid Trump Tariffs.

Mexico and the European Union have finalized a revamped trade agreement aimed at reducing tariffs and bolstering economic ties. This move comes as both parties seek to lessen their reliance on the United States, particularly in light of tariff policies implemented by President Donald Trump. The updated accord modernizes a trade deal that has been active since 2000, eliminating several remaining hurdles to trade...

Erdoğan Emphasizes Importance of Strengthened Türkiye-EU Relations Amid Regional Tensions

In a recent phone conversation, President Recep Tayyip Erdoğan emphasized to European Commission President Ursula von der Leyen the critical role of Türkiye-European Union...

Gas Price Shock Exposes America’s Unfinished EV Infrastructure Problem

The surge in electric vehicle interest triggered by $3.90-per-gallon gasoline is welcome news for EV advocates, but it also highlights a significant unfinished problem:...

US Oil Prices Likely to Swing Wildly Again as the Iran War Enters Week Three

US oil prices are in for another day of extreme swings as the US-Israel war against Iran extends into its third week, with fuel...

A $10 Billion Fee With No Precedent: Inside the TikTok Deal’s Most Controversial Term

Buried within the details of TikTok's transition to US ownership is a financial arrangement that has baffled economists, legal scholars, and business leaders alike:...

Oil at $100: How Iran’s Economic Strikes Are Rewriting the Global Energy Map

For the second time in a week, oil prices crossed the $100-a-barrel mark Thursday as Iran expanded its attacks on economic targets throughout the...

The $1.75 Trillion Leap: SpaceX Prepares for Public Debut

Elon Musk's SpaceX is making waves in the financial sector as it moves closer to a massive initial public offering. The company is seeking...

Trump Warns of Massive Retaliation While Moving to Cool Oil Prices

Oil prices plummeted on Tuesday after Donald Trump characterized the ongoing US-Israel war on Iran as "very complete." Despite this assessment, the President issued...

Oil Tops $100 as Tehran’s Skies Darken with Smoke from Burning Fuel Sites

A dark and acrid haze settled over Tehran after Israeli airstrikes ignited multiple fuel storage facilities in and around the Iranian capital, triggering a...

Markets Melt Down as Oil Blasts Through $90 and Gulf Crisis Deepens

A dramatic week in global financial markets has underscored the severity of the energy crisis sparked by the Iran conflict. Brent crude blasted through...

Maersk Halts Hormuz and Suez Transits as Shipping Crisis Deepens

One of the world's largest shipping companies suspended its transits through both the Strait of Hormuz and the Suez Canal on Sunday, citing safety...

Trump Raises Tariffs to 15% Hours After Supreme Court Strikes Down Trade Powers

In a bold act of defiance, President Donald Trump announced a new 15% tariff on all imports from every country, moving swiftly just hours...

British Steel Wins Tens of Millions in Turkish Rail Deal Despite Financial Struggles

British Steel has landed a major international contract worth tens of millions of pounds to supply rail for a new high-speed railway in Turkey,...