Every day the Strait of Hormuz stays closed, the global economy absorbs a cost that no military briefing fully captures. Brent crude is near $120 a barrel. Gas prices are over $4. Shipping insurance rates are at levels not seen since the tanker wars of the 1980s. Gulf desalination plants…
Pakistan will repay a $3.5 billion loan to the United Arab Emirates this month, two government officials said, raising…
The US labour market showed signs of resilience toward the end of March, with fresh data pointing to subdued…
Shares of General Motors fell about 4% on Thursday after the company reported a sharp decline in first-quarter sales,…
Rising grocery prices in the United States, driven by the ongoing Iran conflict, are emerging as a potential political…
The United States trade deficit widened in February as a surge in imports offset record growth in exports, signaling…
Ford Motor Company reported a notable decline in vehicle sales in the United States during the first quarter of…
US oil producers are unlikely to significantly increase output in the near term despite elevated crude prices, according to…
The surge in energy prices, visible at US gas stations since early March, is set to be fully revealed…