Japan Raises Rates to 31-Year High to Ward Off War Inflation
The Bank of Japan joined other major global central banks in raising interest rates to head off an…
Trump Winds Down the War He Started With Goals Unmet
Almost immediately after striking a deal with Iran, President Trump appeared eager to take a victory lap. He…
The World Is Draining Oil Reserves, Raising Pressure for a Peace Deal
The world is quickly depleting its stores of oil, putting more pressure on President Trump to reach a…
Europe Watches Its Economic Recovery Fade Into the Distance
When the war began in the Middle East and energy prices soared, Europe braced for a sharp, short…
The War-Driven Supply Shock Already Roiling Manufacturing in Asia
Countries in Asia are reeling from a shortage of naphtha, a petroleum derivative used in a dizzying array…
Which Countries Are Profiting From the Iran War Oil Shock
The U.S.-Israeli war with Iran thrust the world into its worst-ever energy crisis, slashing oil production and sending…
Iran War Live Updates: Attacks Test Fragile Cease-Fire Amid U.S-Iran Negotiations
A large oil slick is spreading in the Persian Gulf off Kharg Island, Iran’s primary crude oil export…
Oil Slick Is Detected Off Kharg Island in the Persian Gulf
A large oil slick is spreading in the Persian Gulf off Kharg Island, Iran’s primary crude oil export…
Iran Says It Seized Oil Tanker Listed by U.S. as Sanctions Violator
Iranian state media posted a video on Friday that appeared to show Iran’s Navy seizing an oil tanker…
Renewables Are Gaining on Fossil Fuels, IRENA Report Finds
With the world’s most important fossil fuel supply route at a near-standstill, many advocates for wind and solar…
Iran War Live Updates: Trump Calls Off Witkoff and Kushner’s Travel to Pakistan for Peace Talks
As nuclear talks restart in Pakistan this weekend, President Trump will confront the complicated legacy of his own…
Iran War Live Updates: Trump Officials and Iran Plan New Talks Despite Mixed Messages
The United States military last week extended its blockade on vessels coming in and out of Iranian ports…