A prolonged disruption in energy supplies resulting from conflict in Iran would deal a severe blow to the global economy, according to a new economic outlook...
United States Central Command (CENTCOM) has announced a major military deployment to the Strait of Hormuz as part of “Operation Freedom,” dispatching guided-missile destroyers, combat aircraft,...
Iran has struck a fully laden Kuwaiti oil tanker in the anchorage area of Dubai port, causing structural damage to the vessel’s hull and igniting a...
EU leaders gathered Tuesday for an emergency video summit hosted by Germany, Belgium and Italy, with surging energy prices and regulatory overhaul dominating the agenda as...
Qatar’s Minister of State for Energy Affairs, Saad al-Kaabi, has warned that the ongoing conflict in West Asia could push global economies toward a precipice, according...
The Iranian leadership is orchestrating a plan to offer financial incentives to the US administration, seeking to reach an agreement regarding its nuclear program and avert...
Donald Trump intends to scale back certain tariffs currently levied on steel and aluminum products. Last summer, the US president imposed tariffs of up to 50%...
US and Chinese officials have agreed to extend a 90-day tariff truce following two days of talks in Stockholm, which both sides described as constructive, aimed...
The US and the EU have reached an agreement to apply a 15% tariff on most of their exports, including automobiles, for now averting a trade...
In its 2024 country economic assessment report, the International Monetary Fund (IMF) stated that Russia has successfully mitigated the shocks from sanctions pressure due to several...
