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...

The Quiet Revolution: DeepSeek’s ‘Experimental’ Model has Massive Implications

Don't be fooled by the "experimental" tag—DeepSeek's release of V3.2-Exp is the start of a quiet revolution. Without the fanfare of a massive, mainstream...

The Great Decommitment: Banks Backtrack as Net Zero Alliance Folds

A "Great Decommitment" from collective climate action appears to be underway in the banking sector, symbolized by the folding of the Net Zero Banking...

Beyond Rivalry: A Glimpse of the UK’s New Industrial Ecosystem

The traditional battle lines of British industry have been redrawn by a landmark collaboration between Tata Steel and British Steel. In a move driven...

Five-Year Extension: Peak Oil Demand Now Forecast for 2030 at 103M b/d

The global moment of peak oil demand has been extended by five years, now expected in 2030 at 103 million barrels per day (b/d),...

Is Genius Enough? Why “Extraordinary Luck” Is a Key Ingredient in Musk’s Plan

While Tesla's board cites Elon Musk's "visionary leadership" as the key to its future, some analysts suggest another, equally important ingredient will be needed...

Is the UK Government Signalling a Tougher Stance on the City

A £6.4 billion question emerged on Friday: Is the UK government signalling a tougher stance on the City? While the call for a windfall...

Rosneft in Focus: The Russian Side of the Potential Exxon Deal

While India faces US tariffs, Russia's state-controlled oil firm, Rosneft, is at the center of discussions that could see it partner once again with...

The Hybrid Compromise: How Toyota Championed a Slower EV Transition

The UK's decision to soften its EV mandate represents a significant victory for champions of a slower, hybrid-inclusive transition, a position most prominently held...

Financial Storm: How Trump’s Permit Review Sparked a Crisis at Ørsted

A financial storm has engulfed Danish energy firm Ørsted, sparked by the Trump administration's review of offshore wind permits. The company’s stock has been...

Swiss Watch Industry Faces Uncertainty After 39% US Tariff Looms

The financial world is reacting to a new trade policy, with Watches of Switzerland Group Plc's shares plummeting by as much as 6%. US...

Trump’s Hardline Stance: India Faces Tariffs for Buying from Russia

US President Donald Trump has adopted a hardline stance against India, announcing a 25% tariff on its goods and an additional "penalty" directly tied...

Trump and EU Strike Major Trade Deal, Averting Tariff War

The United States and the European Union have finalized a major trade agreement after months of tense negotiations, avoiding the threat of a damaging...