How China’s green tech is undercutting Trump’s ‘drill, baby, drill’ oil strategy in Africa
In the US, the push is on to “drill, baby, drill”. In China, the national strategy is to…
U.S.-Iran Live Updates: Iran declares it has won the war as U.S. turns to economic warfare
Tehran’s grocery stores are well-stocked, but many families can barely afford the basics. Unemployment is soaring and those…
Oil tankers going dark to evade Iranian attacks raises oil spill risk
Three separate oil spills are spreading through the Persian Gulf and Gulf of Oman, and the risk of…
Gulf states pay the price as Strait of Hormuz shipping crisis drives costs
Gulf states that normally receive their food and household goods by sea have spent five months flying them…
Iran attacks Kuwait oil and water plants to pressure US after infrastructure hit
Critical infrastructure in Kuwait was a “relatively attractive target” for Iran as it sought to escalate without risking…
Iran War Updates: U.S. Launches New Strikes, as Tensions Escalate Over Strait of Hormuz
Even before the current war, Iran was among the hardest places in the world to report on. Much…
Oil’s wild first half of the year upended everything Wall Street expected
Oil market watchers entered 2026 widely in agreement on an emerging multibillion-barrel glut that was sure to depress…
Vance Issues Blunt Warning to Israel as He Defends Trump’s Deal
Vice President JD Vance on Thursday defended the preliminary deal to stop the war with Iran as a…
Turkish-Saudi rail that bypasses Israel will link to Jordan and Syria, minister says
Turkey and Saudi Arabia aim to build a railway to link their two countries with Jordan and Syria…
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…
Dollar firms after strong U.S. jobs data, pushes yen through 160 level
The yen tested the 160 barrier on Friday, prompting pushback from Japanese officials, while the U.S. dollar is…
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…