1+ week, 7+ hour ago   (147+ words) Oil symbolized economic power and geopolitical influence throughout the twentieth century. Every disruption in oil supply translated into soaring prices, slower global growth, and heightened uncertainty in financial markets. Yet the recent conflict following the US and Israeli military strikes…...

1+ week, 8+ hour ago   (95+ words) Oil prices extended gains on Monday as tit-for-tat strikes between the U.S. and Iran on vessels sailing in the Strait of Hormuz and other areas heightened concerns of a prolonged supply disruption from the Middle East.Brent crude futures climbed 79 cents,…...

1+ week, 4+ day ago   (135+ words) The cost of producing oil is often presented as a measure of strength. A country that can produce a barrel of oil at a very low cost appears to have a clear advantage, especially when global oil prices decline. But…...

2+ week, 1+ day ago   (78+ words) The Jordanian-Saudi Joint Business Council called Sunday for a joint economic action plan focused on concrete projects, investment opportunities and stronger supply-chain resilience amid growing regional and global economic challenges.At the third joint meeting of the Saudi-Jordanian... Jordanian-Saudi Business…...

2+ week, 2+ day ago   (89+ words) President Donald Trump said Friday his administration has reached a huge oil deal with Venezuela that gives the United States majority control of 65 billion barrels of proven petroleum reserves.The deal which Trump proclaimed as the biggest oil deal in…...

2+ week, 2+ day ago   (90+ words) Iranian President Masoud Pezeshkian said in a Friday interview with state television that Iran’s exports and imports had fallen by between 25% and 35%, with imports declining more sharply than exports.“Then some people say sanctions have no effect at all,” Pezeshkian…...

2+ week, 5+ day ago   (98+ words) Oil prices dropped about 2% on Wednesday, adding to the previous session's losses, on fresh hopes ‌the Strait of Hormuz could reopen after Iran said it had resumed talks with neighbour Oman on managing the strategic waterway.Brent crude futures fell…...

3+ week, 7+ hour ago   (87+ words) Britain's economic productivity is starting to show signs of sustained improvement, ​economists said on Monday, potentially marking the end of a prolonged slump that began around the 2008 ‌financial crisis and appeared to worsen after the COVID-19 pandemic.Rising productivity — or......

3+ week, 5+ day ago   (86+ words) Oil prices climbed for a fourth ​straight day on Wednesday as investors weighed conflicting messages from Tehran and Washington on whether the ‌Strait of Hormuz is open to ships.Brent crude futures climbed 42 cents, or 0.5%, to $91.44 by 0630 GMT, while U....

4+ week, 1+ day ago   (95+ words) The inflation rate rose to 2.13 percent in the first seven months of 2026, compared with 1.94 percent during the same period last year, as higher rents and transportation costs exerted the strongest upward pressure on consumer prices.Data released Sunday by the…...