Japan has taken the extraordinary step of initiating the biggest-ever release from its oil reserves, with Prime Minister Sanae Takaichi confirming that some 80 million barrels will be made available …
Treasury Secretary Scott Bessent outlined an unconventional plan Thursday to address spiraling oil prices: temporarily lifting US sanctions on Iranian crude oil currently held on tankers at sea. The proposal, …
The European Union has entered a state of emergency as the conflict in Iran sends shockwaves through the global energy grid, causing natural gas prices to surge by over 50%. …
Global gas and oil prices have seen a renewed spike after Iranian forces targeted production facilities for the first time during the current conflict. The Shah natural gasfield in the …
The Office of the U.S. Trade Representative (USTR) has initiated a massive wave of investigations into the manufacturing practices of 60 trading partners. Launched in mid-March 2026, these Section 301 …
The group of investors who took control of TikTok’s US operations from ByteDance are now committed to paying the US government a total of $10 billion — a sum described …
Chinese Vice-Premier He Lifeng will lead his country’s delegation in trade consultations with the United States taking place in France. The meetings will run from Saturday through Tuesday and mark …
The United States has implemented a short-term waiver on Russian oil sanctions as the war with Iran creates a massive deficit in global energy markets. Late Thursday, the Trump administration …
The UK’s energy grid is set to become more decentralized as Tesla prepares to launch its own energy supply services. Having secured an official licence from Ofgem, the company can …
In a major announcement on Truth Social, President Donald Trump revealed a $300 billion deal to open a new oil refinery in Texas. The project, named America First Refining, will …
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