Business

Military Action Abroad Is Driving Car Shopping Decisions at Home

The ripple effects of military conflict in Iran are reaching American car dealerships. Gasoline prices have climbed to $3.90 per gallon — their highest level in nearly three years — following the disruption of oil markets caused by US and Israeli military operations and Iran's subsequent closure of the Strait of Hormuz. The result is a 20 percent increase in online searches for electric...

US Oil Prices Stubbornly High as Iran War Squeezes Global Energy Markets

US oil prices remain stubbornly high as the Iran war squeezes global energy markets and enters its third week with no resolution in sight. Analyst Patrick De Haan has forecast Monday pump prices of $3.80 to $3.85 per gallon, while $4 gasoline remains a near-term possibility. Three weeks of sustained military conflict have created a supply shortage that is directly translating into higher costs...

TikTok Fee Controversy: Why the $10 Billion Payment Has Experts Baffled

Financial and legal experts across the country are struggling to find the right framework for understanding the $10 billion fee the Trump administration will...

Iran Vows Oil Could Hit $200 as Its Forces Strike Across Four Gulf Nations

Iran raised the stakes of the ongoing Middle East conflict dramatically Thursday, with its military warning that oil prices could reach $200 a barrel...

SpaceX Targets Nasdaq 100 for Massive Market Entry

SpaceX is reportedly seeking a $1.75 trillion valuation for a potential listing on the Nasdaq exchange. This move would make the aerospace leader the...

Trump Claims Military Progress as Oil Prices Drop Below $100

Donald Trump told the world on Tuesday that the conflict in the Middle East is "very complete," leading to an immediate and sharp drop...

Oil Alarm: Iranian Strikes on Gulf Water Supplies Signal Dangerous Escalation

The targeting of Bahrain's desalination plant by Iranian forces marked a chilling escalation in the Middle East conflict — the deliberate destruction of a...

Developing Nations Hardest Hit as Oil Tops $90 and Dollar Strengthens

The world's developing nations are facing a double blow from the Iran conflict: surging oil prices that are raising their energy import costs and...

Petrol Stations Brace for Price Surge as Oil Heads Toward Triple Digits

Petrol station operators across the United Kingdom and other energy-importing nations were bracing for significant price increases on Monday evening, as oil markets settled...

Trump Raises Tariffs as Macron Celebrates Rule of Law and Merz Warns of Economic Poison

Two of Europe's most powerful leaders offered contrasting but equally pointed responses Saturday as President Trump announced a 15% tariff on all imports following...

Quarterly Comparison Reveals Accelerating Shift in India’s Crude Supplier Mix

A quarterly comparison of India's crude oil imports throughout 2025 reveals an accelerating shift in supplier composition, with changes intensifying in the final months....

EU Leaders Unite Behind ‘Buy European’ Plan for Industrial Defense

European Union leaders committed to "Buy European" policies during their economic competitiveness summit in Belgium. The 27-nation gathering addressed Europe's position through strategic industrial...

Bank of England Holds at 3.75% as Housing Market Dynamics Factor Into Rate Decisions

The Bank of England has maintained interest rates at 3.75%, with housing market dynamics playing an important role in monetary policy transmission. Property prices...

Silver and Gold Prices Stabilize After Massive Market Turbulence on Policy Decision

Precious metals markets brought stabilization Monday as gold and silver recovered from one of their steepest declines in recent memory. Gold climbed from an...