Tag: Oil (Petroleum) and Gasoline
Global Stocks Follow U.S. Sell-Off as A.I. Spending Fears Spread
Markets in Asia and Europe tumbled, with Japan’s market falling into a bear market.
Carney Asserts Canada’s Sovereignty and Vows to End Homelessness in Budget
The prime minister’s second budget repeatedly stresses diversifying Canada’s economy away from the United States.
Iran is Reviewing ‘Concrete Proposals’ on Nuclear Program, Officials Say
Iran’s willingness to re-engage on the issue suggests that Qatar-led diplomatic efforts to avert full-blown war between the U.S. and Iran have had some success.
How a Little-Known Company Dominated the Persian Gulf Oil Trade
South Korea’s Sinokor controls about half the tanker transits through the Strait of Hormuz, benefiting from a big bet just before the war in Iran started.
Iran Braces for More War, No Matter the Outcome of the U.S. and Israeli Elections
Prime Minister Benjamin Netanyahu is jockeying to stay in power, and President Trump is in a tough midterm fight, yet Iran’s leaders do not expect a major shift in Israeli or U.S. policy.
U.S. Oil Industry Earned Over $130 Billion in Profit During Iran War
That was almost three times as much as what businesses producing and refining oil in the United States made in the same period in 2025.
Stocks Fall and Oil Rises as Investors Retreat from Mounting Risks
Earnings reports from big technology companies spooked investors and the price of oil jumped to its highest level in months.
U.S. and Israel Draw Up Plans for Renewed Strikes on Iran After Elections
Renewed hostilities might not be any more successful than the war’s first phase, and President Trump has repeatedly canceled plans for a return to major combat.
Taunting Trump Over Gas Prices, Iran Braces for Aftermath of U.S. Vote
The midterm elections appear to be a factor for both sides in the war as President Trump weighs his next steps.
Tech Stocks Plunge as Doubts Over A.I. Spending Intensify
Tech stocks plunged, led by a steep drop in South Korea’s benchmark index, as concerns over soaring A.I. spending and stubborn inflation fueled a sell-off.