Trump’s Reassurances Drive Sharp Decline in Global Oil Benchmarks
In a significant development for the global economy, oil prices fell sharply after Donald Trump expressed optimism about the end of the conflict with...
Oil Prices Surge as Iran’s Strikes on Gulf Expose Scope of the Energy War
The full scope of the energy war unfolding across the Middle East became clear over the weekend when Iran launched simultaneous strikes against five...
Oil at $91 Tests Global Economic Resilience in Most Severe Week Since 2020
The global economy's resilience is being tested as never before since the Covid-19 pandemic, as the Iran conflict drives oil to $91.89 a barrel...
FTSE 100 Falls as London Investors React to Energy and War Fears
London's FTSE 100 index fell 1.2% on Monday to 10,780 points, as investors in the UK's benchmark stock index responded to the escalating Middle...
Trump Raises Tariffs to 15%, Calls Supreme Court Ruling “Poorly Written and Anti-American”
President Trump launched a fierce counterattack Saturday after the Supreme Court invalidated his flagship tariff policy, announcing a 15% universal levy on all imports...
British Steel’s Scunthorpe Plant Bags Huge Turkish Rail Contract in Boost to UK Industry
One of Britain's most storied industrial sites has secured a major international contract that underscores its continued value to the UK economy. British Steel's...