A ceasefire agreement between Washington and Tehran has failed to halt the global energy crisis, driving North Sea oil prices to record levels. A frantic scramble...
US oil executives are challenging a White House proposal that would permit Iran to levy transit fees on vessels passing through the strategic Strait of Hormuz...
The European Union has welcomed a two-week ceasefire between the United States and Iran, following a last-minute agreement that saw President Donald Trump retreat from threats...
Hezbollah has ceased fire in Lebanon following the announcement of a two-week truce between the United States and Iran, yet Israeli forces continued their offensive, creating...
Iran has declared a “historic and crushing defeat” of the United States and Israel following 40 days of armed conflict. The administration in Tehran announced that...
Despite Donald Trump’s harsh criticism, European NATO members are “quietly” supporting the US military in the US-Israeli war against Iran. According to a Wall Street Journal...
Israel’s war spending reached about $15 billion after six weeks of fighting. According to Calcalist, the current picture is increasing pressure on the 2026 budget while...
US plastic manufacturers are experiencing a period of historic growth as the conflict involving Iran strains petrochemical supply chains, particularly across Asia. Petrochemical producers in Asia,...
US expectations of a frictionless “contactless” conflict with Iran through the deployment of artificial intelligence have largely failed to materialize, according to a recent analysis. In...
Saudi Arabia has raised the price of its primary crude grade for Asia to record levels as Iran’s near-total closure of the Strait of Hormuz restricts...
