Business

The European Parliament has officially suspended the US trade deal ratification, directly responding to President Trump’s threat of 10% tariffs unless Europe supports his Greenland acquisition plans. This parliamentary decision …

Monday’s global financial markets witnessed extraordinary movements as precious metals achieved historic price levels in response to tariff threats affecting both major European economies and Nordic nations. Silver led the …

BP has formally devalued its “transition business,” announcing a writedown of up to $5 billion as part of a strategic pivot back to fossil fuels. The impairment charges apply to …

The arrest of over 10,000 people in Iran has prompted a fierce economic response from President Donald Trump. Citing the regime’s brutal crackdown, Trump imposed a 25% tariff on any …

Comparing modern credit card rates to “loan sharking,” Donald Trump has announced a 10% interest rate cap intended to crush high borrowing costs. The policy, revealed on Truth Social, will …

President Trump’s proclamation that US oil companies are ready to invest billions in Venezuela has generated remarkably little public support from the energy industry. Despite Trump’s confident predictions about corporate …

The world’s petroleum markets concluded 2025 with their most dramatic yearly decline since the pandemic crisis, recording losses approaching 20%. The oil sector now faces an extraordinary challenge with three …