Iran war, oil price surge worsen K-shaped economy, say economists
A sign displays the prices of unleaded gasoline at a Chevron gas station in Palo Alto, California, US,…
Middle East tensions build ahead of Fed
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday,…
Trump can’t ‘drill, baby, drill’ his way out of this Iran oil crisis
President Donald Trump promised to “drill, baby, drill” on the presidential campaign trail. It’s not going to bail…
Oil at $100 as Trump says US ‘has plenty of time’ to fight Iran
The Callisto tanker sits anchored in Port Sultan Qaboos as the traffic is down in the Strait of…
U.S. allows temporary purchases of Russian oil already at sea to stabilize energy markets
Russian supertanker Astro Lupus waits to unload its cargo of the first direct shipment of Russian crude oil…
Stock market today: Live updates
Traders prepare as sales of MDA Space Ltd begin at the New York Stock Exchange during morning trading…
Stock market today: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE Dow futures tumbled late Wednesday as…
Trump says he’ll tap Strategic Petroleum Reserve to cut energy costs
The Strategic Petroleum Reserve (SPR) Bryan Mound storage facility located in Brazoria County, Texas, is one of four…
Trump says U.S. will build first refinery in 50 years with investment from India’s Reliance
U.S. President Donald Trump takes a question as he speaks during a press conference at Trump National Doral…
Gas prices pass $3.50 to highest level since mid 2024 amid U.S.-Iran war
A Citgo gas station stands in Boston, Massachusetts, U.S., Jan. 6, 2026. Brian Snyder | Reuters Drivers are…
Oil extends slide as investors assess Trump comments on Iran war
Oil prices surged about 20% on Monday as the U.S.-Israeli war with Iran continued, raising fears of prolonged disruptions to…
traders weigh inflation and recession risks
U.S. Treasury yields climbed higher on Monday as oil prices soared past $100 a barrel, fueling fears among…