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Trump sets 25% tariff on EU cars and trucks, citing trade deal compliance concerns

President Donald J. Trump has announced plans to raise tariffs on cars and trucks imported from the European Union to 25%, linking the move...
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Maria Irene

Middle East Tensions Shut Down 3 Million Barrels a Day as...

Oil traders are preparing for a volatile start to the week as markets reopen following fresh escalation across the Middle East that has already...
Maria Irene

Shipping Costs for US Crude Surge as Tanker Rates Spike

The cost of transporting crude oil from the United States to Asia has jumped sharply, placing new strain on global oil supply chains and...
Maria Irene

President Trump Says Wars Could Be Fought “Forever” With ‘Virtually Unlimited’...

President Donald J. Trump declared Tuesday that the United States possesses a “virtually unlimited” supply of munitions, claiming current stockpiles are strong enough to...
Maria Irene

Tech Giants to Pledge Self-Funded Power for AI Data Centres in...

Amazon, Google, Meta, Microsoft, xAI, Oracle and OpenAI are preparing to sign an agreement with the Trump administration aimed at securing dedicated electricity supplies...
Maria Irene

Foreign Investors Drive Record Surge in Japan’s 20 Year Bond Futures

Foreign investors are moving decisively into Japanese government bonds, pushing open interest in 20 year futures to a record 44,093 contracts last week, according...
Maria Irene

Global Copper Inventories Climb to 23 Year High as Stockpiles Surge

Copper inventories held across the world’s major metals exchanges have climbed to their highest level in more than two decades, raising fresh questions about...