Morten Wierod, the Chief Executive Officer of ABB, the Swiss-Swedish multinational industrial technology giant, has warned that Europe could face mass unemployment unless it urgently deregulates...
The rapid development of artificial intelligence and the swift expansion in both the number and capacity of data centers are driving a surge in electricity demand,...
The International Atomic Energy Agency (IAEA) reported no major changes in its assessments of Iran’s nuclear program since clashes between the US, Israel, and Iran began...
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...
Evangelos Marinakis, one of Greece’s leading shipowners, has announced that he is prepared to pay up to $200,000 per transit to keep the Strait of Hormuz...
Qatar and United Arab Emirates liquefied natural gas (LNG) tankers are turning off their transponders in the Strait of Hormuz, shifting their logistical strategies in response...
The United States is prepared to support Israeli strikes against Lebanon on the grounds that Hezbollah has violated the ceasefire, according to a senior US official...
Iran said it will not impose a transit fee on vessels passing through the Strait of Hormuz, but shipowners will be required to cover operational costs...
Iran has committed to immediately reopening the Strait of Hormuz and restoring prewar levels of maritime traffic within 30 days if a framework agreement with the...
The Japanese government plans to draft an additional relief package worth 3 trillion yen (approximately $19 billion) during the 2026 fiscal year to combat rising energy...
