Business

Japan finds itself at the center of the global energy crisis triggered by the US-Israel war on Iran, and Prime Minister Sanae Takaichi has responded by announcing the country will …

Treasury Secretary Scott Bessent is eyeing Iranian crude oil stranded on tankers as oil markets signal a potentially worsening supply outlook from Iran’s Strait of Hormuz blockade, he revealed Thursday. …

The Iran war has exposed significant gaps in the UK’s economic resilience, with the Bank of England voting unanimously to hold rates at 3.75% on Thursday and warning that the …

The $4-per-gallon threshold is now within sight for US gasoline as the Iran conflict enters a dangerous third week, with petroleum analyst Patrick De Haan forecasting prices of $3.80 to …

Financial historians and legal scholars are searching without success for any prior case comparable to the Trump administration’s pending $10 billion take from TikTok’s corporate restructuring. The payment, described as …

US Energy Secretary Chris Wright accused Iran on Thursday of deliberately manipulating and threatening the energy security of America and its allies, as oil prices climbed back toward $100 a …

The Nasdaq exchange is reportedly overhaulings its index entry rules to secure what could be the largest IPO in history: SpaceX. The aerospace leader is seeking a $1.75 trillion valuation, …

Donald Trump has issued his most severe warning yet to Tehran, promising a response “twenty times harder” if the flow of oil through the Strait of Hormuz is interrupted. This …

Iran’s clerical establishment appointed Mojtaba Khamenei as the country’s new supreme leader on the same weekend that global oil prices crossed $100 per barrel, a convergence of political and economic …

The specter of inflation has returned to haunt the global economy as the Iran conflict drives oil prices above $90 a barrel and natural gas prices to three-year highs. Economists …