Business

The Gas Price Nobody Wanted Is the EV Boost the Market Has Been Waiting For

For years, EV advocates argued that sustained high gas prices would be the most powerful catalyst for electric vehicle adoption in the United States. That theory is now being tested in real time. With gasoline averaging $3.90 per gallon nationally — the highest in close to three years — and EV searches up 20 percent in three weeks, the Iran conflict and its energy...

US Oil Prices Above Pre-War Levels by 23% as Iran Conflict Continues Into Third Week

  US oil prices are now 23% above pre-war levels as the Iran conflict extends into its third week, with analysts warning that further increases are likely on Monday. Petroleum expert Patrick De Haan has forecast pump prices of $3.80 to $3.85 per gallon, while acknowledging that $4 gasoline remains possible. The sustained military campaign has created a lasting and significant shift in the US...

A 70% Government Slice: The TikTok Fee That Defies Every Financial Convention

By any standard financial benchmark, the $10 billion fee the Trump administration will collect from TikTok's new investors defies explanation. With TikTok's US operations...

Middle East Energy War: A Timeline of How Oil Got to $100 Again

Oil prices are back at $100 a barrel, and understanding how they got there requires tracing a rapid sequence of events that began when...

Nasdaq Proposes New Rules to Attract $1.75 Trillion SpaceX IPO

The Nasdaq exchange is moving to change its index entry rules in an effort to secure the upcoming SpaceX public offering. SpaceX is seeking...

SpaceX IPO: A Historic Leap Toward a $1.75 Trillion Valuation

SpaceX is reportedly moving closer to a public listing that could fundamentally change the landscape of the U.S. stock market. The company is targeting...

Trump Moves to Reassure Investors as Oil Prices Fall Below $100

Market anxiety saw a significant reduction this week after Donald Trump suggested that the conflict with Iran might be entering its final stages. Brent...

Oil Tops $100 as Iran Strikes Desalination Plants and Homes in Gulf States

Iran's strikes against Gulf states over the weekend went beyond military targets, hitting a desalination plant in Bahrain and killing two civilians in a...

Gulf Oil Fields Face Unprecedented Shutdown Threat as Storage Crisis Bites

The Gulf oil industry is facing an unprecedented shutdown threat as the storage crisis triggered by the Iran conflict forces producers to choose between...

Brent vs. WTI: Oil Benchmark Divergence Tells Story of Disrupted Trade Flows

The gap between Brent crude — the international oil benchmark — and West Texas Intermediate (WTI), the US benchmark, widened significantly on Monday as...

Trump Raises Tariffs to 15%, Putting American Consumers on the Hook Again

American consumers and businesses — already bearing the brunt of the country's aggressive tariff policy — are set to face even higher costs after...

British Steel’s Rail to Turkey: 23 Jobs, 599km, and a Ten-Year First

The numbers tell a compelling story. British Steel has won a contract worth tens of millions of pounds, creating 23 new jobs, supplying 36,000...

Sanctioned Petroleum Purchases Decline as India Navigates Complex Trade Environment

India's purchases of sanctioned Russian petroleum declined significantly in late 2025 as the country navigated an increasingly complex international trade environment. Data shows that...

EU Commits to ‘Buy European’ Strategy for Competitive Advantage

European Union leaders committed to "Buy European" policies during their summit addressing continental competitiveness. The 27-nation gathering focused on protecting strategic sectors amid global...