Business

EV Curiosity Spikes 20% as Americans Feel the Sting of War-Linked Gas Prices

Online interest in electric vehicles has jumped 20 percent in the United States over the past three weeks, driven in large part by surging gasoline prices linked to the ongoing conflict involving American and Israeli forces in Iran. The national average for a gallon of gas has climbed to $3.90, a price point that is drawing widespread attention from drivers searching for ways to...

US Oil Prices Hover at Multi-Week High as Iran Conflict Keeps Global Supply Tight

US oil prices are hovering at multi-week highs as the Iran conflict keeps global oil supply tight heading into Monday's trading session. Analyst Patrick De Haan projects average pump prices of $3.80 to $3.85 per gallon Monday, with $4 gasoline still a realistic near-term scenario. Three weeks of sustained military operations have created a supply environment that shows little sign of easing in the...

Liverpool Emerges as Chery European Hub in Transformative Deal

Liverpool has been chosen as the site for Chinese carmaker Chery's European research and development headquarters, bringing European commercial vehicle operations to Merseyside. The...

EasyJet Denounces EU Free Cabin Luggage Initiative as Anti-Consumer Regulation

EasyJet has characterized European Union baggage proposals as ultimately anti-consumer despite their ostensible passenger rights focus, arguing the regulations would harm rather than help...

Trump Raises Stakes with South Korea Through 25% Tariff Warning

President Trump has raised the stakes with South Korea through a warning of 25% tariffs on major exports, claiming Seoul has failed to honor...

Rising Global Tensions Trigger Calls for Return of German Gold from U.S. Vaults

As geopolitical shifts redefine traditional alliances, Germany is facing intense pressure to repatriate its gold reserves currently stored in the United States. The era...

Narrow Parliamentary Margin Reflects Deep Division Over Latin America

The European Parliament has taken decisive action by suspending the US trade agreement ratification process in response to President Trump's threat of 10% tariffs...

Silver Hits $94 and Gold Soars to $4,689 as Martin Luther King Day Market Closure Limits US Reaction

Precious metal markets delivered remarkable performances on Monday, achieving unprecedented price milestones while American markets remained closed for Martin Luther King Jr. Day observance....

BP and Shell in Sync: Both Signal Trading Woes and Asset Shifts

BP and Shell appear to be in sync, as both major energy companies have signaled trading woes and significant asset shifts this week. BP’s...

Trump’s Tariff War: 25% Levy on Iran Trade Sparks Global Outcry

President Donald Trump has sparked a global outcry by launching a new tariff war centered on Iran. The imposition of a 25% levy on...

Trump Blames Biden for High Rates, Announces 10% Cap

In a direct attack on his predecessor’s economic legacy, Donald Trump has announced a 10% cap on credit card interest rates, blaming the "Sleepy...

Oil Majors Maintain Silence on Trump’s Venezuela Investment Promise

President Trump's bold announcement that American oil companies will invest billions in Venezuela has generated surprisingly little public support from industry leaders. Despite Trump's...

Energy Markets Post Biggest Loss Since 2020 Pandemic

The global petroleum sector has experienced its most severe annual price decline since the pandemic crisis, with values tumbling nearly 20% during 2025. The...