Business

 US Interest in Electric Vehicles Climbs as Suburban Commuters Do the $3.90 Gas Math

The quintessential American suburban commuter — 30 miles to work, gasoline fill-up twice a week, reasonable credit, modest savings — has never had a more compelling reason to consider an electric vehicle. At $3.90 per gallon, the monthly fuel cost for a typical suburban commute has reached levels that are turning US interest in electric vehicles from an aspirational consideration into a financially motivated...

US Oil Prices Hit by Double Blow as Iran Strikes and Blockades Cripple Supply

  US oil prices have been hit by a double blow as Iran strikes and blockades simultaneously cripple global oil supply, sending pump prices toward record territory as the conflict enters its third week. Analyst Patrick De Haan projects that Monday's US pump price could reach $3.85 per gallon, while $4 gasoline remains a near-term possibility. The confluence of targeted infrastructure attacks and strategic shipping...

TikTok’s American Chapter Begins With a $10 Billion Payment to Washington

As TikTok embarks on its new chapter under American ownership, the financial terms of that transition have placed a $10 billion payment to the...

Bahrain and Iraq Among Nations Bearing Brunt of Iran’s Energy Offensive

Bahrain and Iraq bore some of the heaviest consequences of Iran's latest military strikes Thursday, as fuel storage sites were attacked and oil exports...

SpaceX Eyes Historic June IPO with Trillion-Dollar Valuation

Elon Musk’s SpaceX is reportedly targeting a mid-year debut on the Nasdaq in what could be the largest financial event of 2026. The company...

Trump’s Shift on Sanctions and Rhetoric Cools Global Oil Prices

Donald Trump has signaled a potential end to the current energy crisis by announcing plans to waive some oil-related sanctions. This announcement coincided with...

Oil Above $100: The Moment the Middle East War Became the World’s Problem

The moment global oil prices crossed $100 per barrel, the Iran-Israel conflict ceased to be a regional problem and became a global one. From...

Red Alert for Global Economy as Oil Passes $90 and Gulf Burns

A red alert has effectively been declared for the global economy as the Iran conflict drives oil past $90 a barrel and threatens to...

Energy Crisis Exposes Limits of Europe’s Post-2022 Resilience Building

Europe spent much of 2022 and 2023 urgently building resilience against future energy supply shocks — diversifying import sources, filling gas storage facilities, signing...

Trump Raises Tariffs to 15%: How Businesses Are Responding

For American businesses that have spent years navigating the turbulent waters of Trump's trade policy, the announcement of a new 15% tariff on all...

British Steel and ERG International: How a Turkish Partnership Is Helping Scunthorpe Rebuild

Two companies — one in the UK, one operating in Turkey — have formed a partnership that is having a tangible impact on one...

Percentage Gains Tell Story: Saudi’s 61% Surge Leads Growth Among India’s Suppliers

Percentage growth rates among India's crude oil suppliers in December 2025 reveal Saudi Arabia's exceptional 61% surge leading the expansion, while Russia recorded a...

Bank of England Holds at 3.75% as Spring Timeline Set for Return to 2% Inflation

The Bank of England has maintained interest rates at 3.75% while setting a spring timeline for inflation's expected return to the 2% target. This...

Gold and Silver Markets Rally From Lows Following Dramatic Crash on Fed Chair News

Monday's trading session brought significant recovery to precious metals after extreme price swings that had rattled investors worldwide. Gold prices bounced back from an...