Business

The Netherlands continues to rely on Russia for about 12% of its liquid natural gas (LNG) imports, despite a collective pledge by European Union nations to halt all such imports …

Treasury Secretary Scott Bessent is considering adding Iranian crude oil to the administration’s emergency supply response after the G7’s coordinated petroleum reserve release proved insufficient to fully stabilize global oil …

The prospect of UK interest rates remaining higher for longer has increased significantly following the Bank of England’s decision to hold at 3.75% and warn that the Iran war’s energy …

Iran’s refusal to reopen the Strait of Hormuz shipping lanes is keeping US oil prices elevated as the conflict enters its third week, with fresh price increases expected Monday. Petroleum …

Washington has been involved in many major corporate transactions over the decades, but none have generated a direct financial return for the government anywhere close to the $10 billion attached …

Three powerful forces — war, oil, and economic disruption — are converging to reshape the global outlook in 2026 in ways that were almost unimaginable at the year’s start. The …

SpaceX is reportedly planning an initial public offering that could value the company at $1.75 trillion upon its debut. Such a valuation would immediately place the aerospace giant as the …

Energy prices experienced a dramatic cooling on Tuesday after Donald Trump characterized the ongoing US-Israel war on Iran as a “short-term excursion.” Brent crude fell by over $25 from its …

Iran’s explicit threat to push global oil to $200 per barrel represented something markets had long feared: a major producing nation deliberately weaponizing its oil supply as a tool of …