More: Economics

Oil Climbs to Four Week High as US Iran Conflict Fuels Hormuz Supply Fears

Oil prices climbed more than 3% on Tuesday, reaching their highest levels in four weeks, as renewed military tensions between the United States and...

The Increasing Influence of Gulf Sovereign Wealth Funds

Gulf sovereign wealth funds (SWFs) have hit a record high of $53.9 billion investments throughout 2026 so far. The countries own trillions of dollars...

Sea of Azov shipping restrictions raise concerns for Russian exports

Shipping through the Sea of Azov remained restricted on Monday following recent Ukrainian attacks on commercial vessels, raising concerns over Russia's grain exports through...

China unveils first five year plan to boost consumer spending

China has unveiled its first dedicated five year plan focused on boosting domestic consumption, setting a target of around 60 trillion yuan ($8.85 trillion)...

Iran expands Gulf attacks as Hormuz tensions push oil prices higher

The United States and Iran exchanged heavy missile and drone strikes over the weekend and into Monday, widening the conflict across the Gulf as...

European shares fall as US Iran tensions lift oil prices

European shares edged lower on Monday as renewed fighting between the United States and Iran unsettled investors after Tehran closed the Strait of Hormuz,...

Cheap Drones Are Becoming the Biggest Threat to Global Energy Security

The rapid proliferation of inexpensive, mass-produced drones is reshaping modern warfare and exposing one of the world's greatest economic vulnerabilities: energy infrastructure. Conflicts in Ukraine,...

Global Stocks Slide as Gulf Conflict Sends Oil Prices Higher

Global markets fell sharply on Monday as escalating conflict in the Gulf and Iran's claim that it had closed the Strait of Hormuz fueled...

Renewed Gulf Hostilities, Elevated Regional and Global Uncertainty

The United States and Iran traded new attacks overnight into Thursday, intensifying an exchange that has threatened the collapse of their agreement to end...

Morocco’s partnership with Beijing shifts economic power from Europe to China

Several years ago, the European Union regarded the Kingdom of Morocco mostly as an unchanging economic partner, a proximate market, and a suitable industrial...

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RAI Removes Veteran Journalist, Triggering Political Storm in Italy

Italian opposition parties have criticized an attack on press...

Iceland Votes on EU Membership Talks in Tightly Contested Referendum

Icelanders voted on Saturday on whether to reopen membership...

Xi Jinping’s Egypt Visit: How China Is Expanding Its Influence in the Middle East

The upcoming official visit of Chinese President Xi Jinping...

Russian Strike on Kyiv-Area Ammunition Depot Kills 37 in Massive Blast

At least 37 people died after a Russian drone...
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