Unemployment set to stay at near-decade high, economists say
Unemployment looks set to linger around a near-decade high as the Middle East conflict dampens tentative signs of…
Central banks risk recession from rate hikes on oil shock: strategist
Central banks risk a global recession by raising interest rates in a bid to contain soaring energy costs,…
Chevron CEO Warns of Emerging Physical Shortages in Crude Oil
Signs of physical shortages in crude oil are emerging, the chief executive of Chevron warned this week, noting…
War-driven costs weigh on Greek economy
Rising costs and weakening demand are tightening pressure on Greece’s economy as the impact of the war in…
States should tax windfall oil profits to fund their way out of crisis | Renewable Energy
The last fossil fuel crisis caused incredible amounts of pain for the people of Europe. In 2022, after…
Trump threatens to blow Iran ‘off the face of the Earth’ if US ships targeted
The US military said it battled Iranian forces and sank six small boats as it moved to reopen…
Oil prices jump as uncertainty rises about Iran war
The US stock market is falling from its record heights, while oil prices jump following escalations in the…
UAE says Iran has resumed attacks as US tries to reopen Strait of Hormuz
The US military said it battled Iranian forces and sank six small boats as it moved to reopen…
Trump says US to begin escorting ships through Strait of Hormuz
US President Donald Trump announced a project that will start on Monday to help stranded ships leave the…
Ship attacked near Strait of Hormuz as Iran reviews US response to proposal
A cargo ship near the Strait of Hormuz said it was attacked by multiple small craft, according to…
Trump says he’s now reviewing new Iran proposal to end war
US President Donald Trump says he was reviewing a new Iranian proposal to end the war but also…
Trump ‘not satisfied’ with Iran’s proposal to end war
US President Donald Trump said he was “not satisfied” with Iran’s latest proposal in negotiations to end the…