Business

Oil prices experienced a notable decline of over 2 percent on Friday, marking their steepest weekly drop since early April, as the market reacted to potential progress in U.S.-Iran negotiations. …

As the European Union grapples with concerns over its growing reliance on Chinese imports, officials are deliberating potential new restrictions aimed at mitigating the impact on European industries. EU commissioners …

Chinese automaker Xpeng is actively seeking a manufacturing facility in Europe, while Volkswagen is looking to downsize its number of factories. This situation seemed ideal for a partnership, but as …

Japan is mobilizing its strategic petroleum reserves on an unprecedented scale, with Prime Minister Sanae Takaichi confirming a release of 80 million barrels — the biggest-ever in the nation’s history …

Treasury Secretary Scott Bessent made headlines Thursday when he confirmed the US is weighing a plan to lift sanctions on Iranian oil currently stranded on tankers in international waters. The …

The 2026 energy crisis has reignited a debate over how much power Brussels should have over national energy markets. As prices soar due to the Iran conflict, some EU member …

The United Arab Emirates has seen its oil production collapse by 50% as Iranian strikes target the nation’s most vital energy assets. On Tuesday, Brent crude prices surged to $103.20, …

A 50-year-old law has become the center of a major constitutional clash between the U.S. President and the Supreme Court. The International Emergency Economic Powers Act (IEEPA) of 1977 was …

TikTok will continue to serve millions of American users under a newly restructured ownership arrangement, but the deal that secured its future in the US comes with an extraordinary cost: …

Chinese Vice-Premier He Lifeng is preparing to lead a delegation to France for a new round of economic discussions with the United States. The talks will take place over four …