Business

Gas Prices as a Political Force: How $3.90 a Gallon Is Reshaping EV Attitudes Across Parties

In most political contexts, electric vehicles have become a polarizing topic — embraced by progressives as a climate solution, resisted by conservatives as government overreach. The Iran conflict and its impact on gasoline prices may be disrupting that political polarization in ways that could prove significant for the long-term trajectory of US EV adoption. At $3.90 per gallon — the highest national gas average in...

US Oil Prices Reflect Deep Market Anxiety as Iran War Enters Third Week

  Deep market anxiety is reflected in US oil prices as the Iran war enters its third week, with analysts projecting further gains on Monday. Petroleum analyst Patrick De Haan has forecast pump prices of $3.80 to $3.85 per gallon, while noting that $4 gasoline could still materialize. The unresolved conflict has made energy market participants deeply uncertain about the near-term supply and price outlook. The...

Inside Trump’s $10 Billion Claim on TikTok: A Deal That Changed the Government-Business Equation

The details of Trump's $10 billion financial claim on TikTok's ownership transition reveal a White House that has fundamentally changed the equation between government...

Iran’s Military Taunts US While Striking Energy Sites That Power Global Trade

Iran's military crossed a new threshold Thursday, openly taunting the United States while simultaneously striking the energy sites and shipping lanes that underpin global...

SpaceX Weighs Nasdaq Listing as Company Explores Early Index Entry

Elon Musk’s rocket and satellite maker SpaceX is reportedly leaning toward listing its shares on the Nasdaq for what could be the biggest IPO...

Trump Administration Signals End to Iran War, Global Oil Prices Tumble

Oil prices saw a dramatic decline on Tuesday, ending a period of extreme volatility after Donald Trump hinted that the conflict with Iran could...

Oil Breaks Records as Warring Sides Target Fuel Depots and Desalination Plants

In a conflict that has redefined the targeting of civilian and economic infrastructure, both sides in the Middle East war struck fuel depots, oil...

Oil at $91 Is Just the Start, Warn Analysts as Gulf Crisis Spirals

Oil at $91 a barrel may be just the beginning of an energy price spiral, analysts are warning, as the Iran conflict creates conditions...

Insurance Markets Seize Up as Shipping Risk Hits Record Highs

The global marine insurance market effectively seized up around the Strait of Hormuz and surrounding waters on Monday, as insurers either refused to offer...

Trump Raises Tariffs to 15%: The Truth Social Post That Moved Markets

It took fewer than 280 characters on Truth Social for President Trump to move global markets, reshape diplomatic calculations, and upend existing trade arrangements...

British Steel: Why the Turkish Rail Contract Matters Beyond the Price Tag

The price tag on British Steel's new deal with ERG International Group — tens of millions of pounds, described as an "eight-figure agreement" —...

Refinery Economics Shift as Tariff Costs Exceed Crude Price Discount Benefits

The economics of Indian refineries underwent a fundamental shift in late 2025 as tariff-related costs began to exceed the benefits of discounted crude pricing....

Bank of England Maintains 3.75% Rate as Real Interest Rates Adjust to Falling Inflation

The Bank of England has kept interest rates unchanged at 3.75%, but as inflation falls, the real interest rate—the nominal rate minus inflation—is rising....

Gold and Silver Prices Bounce Back From Severe Crash on Central Banking Announcement

Monday brought relief to precious metals investors as gold and silver recovered from steep declines that had unsettled financial markets globally. Gold prices climbed...