Business

In what analysts are calling a new and alarming form of energy warfare, Iran and Israel have begun systematically targeting each other’s oil and fuel infrastructure, sending global crude prices …

Budget airline Wizz Air became the most high-profile corporate casualty of the oil price crisis this week, issuing a profits warning that predicted the Middle East energy shock would wipe …

Monday’s crisis threw into sharp relief just how dependent the global energy system has become on a single small peninsular nation in the Persian Gulf. Qatar, a country with a …

The global trade landscape was thrown into further disarray on Saturday as Donald Trump utilized a social media announcement to raise import tariffs to 15%. This 5% increase over the …

It took a contract from thousands of miles away to bring the night shift back to British Steel’s Scunthorpe plant. The eight-figure deal with Turkey’s ERG International Group — covering …

India’s crude oil procurement from approximately 39 source countries in 2025 demonstrates the breadth of its diversification strategy, with significant shifts among major suppliers. Data shows that US crude imports …

The European Union’s leaders committed to “Buy European” policies protecting strategic sectors during their Belgian summit. The 27-member bloc addressed restoring competitiveness through coordinated industrial protection against global economic challenges. …

The Bank of England has held interest rates at 3.75% while publishing revised economic projections showing both weaker growth and lower inflation than anticipated in its November forecast. These significant …

Precious metals markets demonstrated recovery Monday following extreme price declines that had created widespread concern among investors. Gold bounced back from an 8% drop to $4,465 per ounce, recovering to …

Liverpool has been chosen as the site for Chinese carmaker Chery’s European research and development headquarters, bringing European commercial vehicle operations to Merseyside. The state-owned manufacturer will house research, engineering, …