Business

Saudi Arabia Boosts Oil Exports to Asia Amid Supply Concerns

Saudi Arabia has sold nearly 100 million barrels of crude oil to Asian buyers since mid-September, addressing concerns about a potential supply shortfall in the region. This substantial volume...

Markets Anticipate US-Iran Talks, Driving Oil Prices Upward

Oil prices experienced a rebound on Tuesday after a series of losses, as anticipation grew over potential diplomatic...

Saudi Arabia to Purchase F-35 Jets in $24.3 Billion US Deal

The United States has approved a significant $24.3 billion deal to sell 48 F-35 stealth fighter jets to...

Saudi Pipeline Closure Threatens 4% of Worldwide Oil Supply

Concerns over global oil supplies have intensified following Saudi Arabia's temporary closure of its crucial East-West oil pipeline...

Breaking: Saudi Arabia and Russia Collaborate to Stabilize Global Energy Markets

Saudi Arabia is underscoring the significance of its partnership with Russia to ensure stability in global energy markets....

A Railway in Turkey, a Revival in Scunthorpe: British Steel’s Unlikely Good News Story

It is not the most obvious combination — a high-speed railway in Turkey and a steelworks in Lincolnshire — but for British Steel, the...

Why This Gas Price Spike Feels Different for the EV Industry

Every significant gas price increase generates renewed interest in electric vehicles, but industry observers say the current spike has a distinctive quality. It is...

US Oil Prices Remain a Major Concern for American Consumers as Iran War Enters Week Three

US oil prices remain a major concern for American consumers as the Iran war enters its third week, with another round of price increases...

$10 Billion to Washington: The Unprecedented Financial Toll of TikTok’s American Reinvention

The financial toll of TikTok’s reinvention as an American-owned platform is being paid primarily to the US government: $10 billion, committed by investors Oracle,...

Trillion-Dollar SpaceX Debut: Nasdaq Leads the Race

SpaceX is weighing a Nasdaq listing for an IPO that could be valued at an unprecedented $1.75 trillion. This would rank as the largest...

Oil Jumps as Iran Strikes Fuel Tanks in Bahrain and Tankers Near Iraq

Oil prices jumped Thursday after Iran struck fuel storage tanks in Bahrain and attacked oil tankers near Iraq’s export ports, adding new dimensions to...