Thursday, June 4, 2026

Business

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....

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Silver Surges to Record $94 and Gold Hits $4,689 as American Tech Stocks in Europe Signal Tuesday Weakness

Precious metal markets carved historic territory on Monday as both gold and silver achieved unprecedented price levels while American...

Crude Sector Experiences Worst Performance Since COVID

The world's oil markets have suffered their worst annual performance since the coronavirus pandemic disrupted global commerce, with prices...

Trump Plays Hardball with South Korea Using 25% Tariff Threat

Donald Trump has played hardball with South Korea, threatening to impose 25% tariffs on major exports to force legislative...

Must read

Canada, India Accelerate Efforts Toward Swift Free Trade Agreement

A potential free trade agreement between Canada and India...

Marco Rubio Visits India to Discuss Trade Tensions with Modi

US Secretary of State Marco Rubio embarked on a...

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Donald Trump has played hardball with South Korea, threatening...