Business

The Iran Conflict’s Most Unexpected Consequence May Be an American EV Awakening

When historians assess the economic legacy of the Iran conflict, one of its more unexpected chapters may be a meaningful acceleration in American electric vehicle adoption. Gasoline prices have...

US Oil Prices Put American Drivers Under Growing Pressure as Iran Conflict Persists

American drivers are under growing financial pressure from US oil prices as the Iran conflict persists into its...

What TikTok’s $10 Billion Fee Tells Us About the Price of Doing Business With Washington

The $10 billion fee attached to TikTok's US ownership transition carries a message that corporate America will find...

Oil Markets Tremble as Iran Launches Fresh Wave of Gulf Energy Attacks

Global oil markets shuddered Thursday as Iran unleashed another round of strikes on energy facilities and shipping routes...

SpaceX Seeks Trillion-Dollar Valuation in Historic Market Debut

SpaceX is reportedly planning to go public with a target valuation of $1.75 trillion, marking what could be...

Trump Warns of Severe Response if Iran Continues to Block Oil Flow

Donald Trump has issued his most severe warning yet to Tehran, promising a response "twenty times harder" if the flow of oil through the...

Oil Traders Brace for $200 as Middle East War Shows No Signs of Stopping

Oil traders ended the weekend bracing for the possibility of $200 per barrel crude, after Iran's Revolutionary Guards issued the threat explicitly and the...

Oil Billionaires and Paupers: Iran Conflict Creates Economic Winners and Losers

The Iran conflict is rapidly sorting the world's nations into two categories: those who benefit from oil at $91 a barrel and those who...

How the Middle East Energy Crisis Will Shape Winter 2025-26 Energy Costs

With winter 2025-26 energy contracts being written and priced against the backdrop of Monday's dramatic market movements, the implications of the Middle East crisis...

Trump Raises Tariffs to 15%: Canada and Mexico Get a Pass — For Now

While most of the world faces a new 15% tariff on goods exported to the United States, two of America's closest trading partners are...

British Steel Lands Prestigious Turkish Contract, Proving Critics Wrong About Scunthorpe’s Future

Critics and sceptics who have questioned whether British Steel's Scunthorpe plant has a commercial future have been given a powerful counter-argument: an eight-figure contract...