Business

Global oil prices saw an extraordinary 24-hour cycle, dropping sharply after Donald Trump reassured markets while simultaneously warning of future strikes. After Brent crude hit a four-year high on Monday, …

As global oil prices crossed $100 per barrel, the US president dismissed concerns about the economic impact of the Iran-Israel conflict, describing the surge in energy costs as a very …

Industries around the world are bracing for a wave of cost increases as oil prices surge past $90 a barrel following the Iran conflict — the biggest weekly price jump …

The world’s major shipping companies are abandoning two of the most important trade routes on the planet, as the escalating military conflict in the Middle East renders commercial shipping in …

President Donald Trump has doubled down on his protectionist trade strategy, raising worldwide tariffs to 15% just hours after the Supreme Court ruled his previous actions illegal. The President’s decision …

Amid all the uncertainty surrounding its future, British Steel has delivered a clear message with its latest export deal: the Scunthorpe plant is still a globally relevant manufacturer capable of …

India’s total crude oil import value for April-December 2025 reached $105.10 billion, representing a marginal decline from $109.33 billion in the corresponding period of 2024, even as supplier composition shifted …

A landmark agreement on “Buy European” policies emerged from the EU summit addressing strategic sector protection. Leaders from all 27 member states developed coordinated responses to Europe’s declining competitiveness relative …

The Bank of England has maintained interest rates at 3.75% while repeating language from its December statement that future rate decisions will be “a closer call.” This phrasing suggests policymakers …

Precious metals trading showed resilience Monday as gold and silver fought back from one of their steepest declines in recent memory. Gold advanced from an 8% plunge to $4,465 per …