Browsing: oil

Oil prices rose and global bonds wobbled on Monday, as fresh tensions in the Middle East fed inflation fears and bets that central banks will have…

The United Arab Emirates has announced it will complete a new oil pipeline bypassing the strait of Hormuz by next year to secure its future crude…

Global oil inventories falling at record pace, IEA warnsGlobal oil stocks are being run down at a record pace as supply losses mount due to the…

Japan’s biggest snack maker has been forced to use black-and-white packaging for some flagship products because of ink ingredient shortages caused by the strait of Hormuz…

Oil prices have climbed after Donald Trump condemned Iran’s response to US proposals to end the war as “totally unacceptable”.The president’s rejection of Tehran’s overture in…

IMF warns AI tools such as Mythos threaten financial stabilityNewsflash: The International Monetary Fund is warning that financial stability risks are rising as artificial intelligence fuels…

Oil prices fell and stock markets rose as Donald Trump said the war with Iran would end and the strait of Hormuz would be “open to…

Brent crude falls below $98 a barrel amid peace hopesBrent crude keeps falling amid hopes that the strait of Hormuz could soon be open again. The…

The conflict in the Middle East has claimed Opec as the latest casualty of war. The United Arab Emirates’ shock exit from the oil cartel on…

Spirit Airlines is preparing to cease operations after the beleaguered company ran out of cash and a rescue attempt by the Trump administration appeared to stall.The…