Hegseth faces new questioning from Congress on the Iran war
WASHINGTON (AP) — Defense Secretary Pete Hegseth faced tough questions from Republican and Democratic lawmakers in Congress on…
Trump heads to Beijing for talks with Xi as Iran war looms
WASHINGTON (AP) — President Donald Trump is set to leave Tuesday for Beijing to meet with President Xi…
US releases another wave of emergency oil as gas prices bite
The US Strategic Petroleum Reserve awarded 53.3 million barrels to companies including oil trader Trafigura Group and US…
Oil jumps 3% and Asian shares are mixed after Wall Street set records
HONG KONG (AP) — Asian stocks were mixed Monday after Wall Street set more records, and oil surged…
Oil Market Runs Down Safety Cushion as Supply Shock Worsens
The last tankers out of the Persian Gulf are reaching their destinations. Strategic reserves are being drained to…
$7 Billion In Perfectly Timed Oil Bets Sparks Insider Trading Fears
Last month, we reported that over $1 billion in “perfectly timed” wagers, spanning both traditional oil futures and…
Momentum-Obsessed Traders Seek Clues on Iran Truce
(Bloomberg) — Investors riding a scorching run of market momentum are likely to face a reality check when…
Aramco’s Q1 profit soars 25% as it shifts oil exports to its pipeline
Aramco, the world’s largest oil company, said Sunday its first quarter profit jumped 25% as it shifted some…
Iran seeks permanent end to war in response to US ceasefire proposal
DUBAI, United Arab Emirates (AP) — Iran has sent its response to the latest U.S. ceasefire proposal via…
China’s exports jump in April ahead of Trump-Xi summit
HONG KONG (AP) — China’s exports rose 14.1% in April from a year earlier, the government said Saturday,…
Kimmel’s Trump Supercut Ends With The 1 Word He Desperately Doesn’t Want To Say
In the montage, Trump instead describes the U.S.-Israeli attacks as “a military operation,” “a military conflict,” “a mini-war,”…
US companies continue to add jobs in the face of an economic shock from Iran war
WASHINGTON (AP) — America’s employers delivered a surprising 115,000 new jobs last month despite an economic shock from…