More: Economics
Asian Stocks Waver as Oil Jumps After Trump Threatens Hormuz Transit Fee
Asian markets traded mixed on Tuesday as oil prices climbed to a one-month high after U.S. President Donald Trump announced the reinstatement of a...
China Exports Surge on AI Chip Demand Despite Weak Domestic Economy
China's exports accelerated sharply in June, powered by booming global demand for artificial intelligence (AI) chips and record automobile shipments, underscoring the country's growing...
Iranian Missiles Hit UAE Oil Tankers in Strait of Hormuz, One Sailor Killed
Two United Arab Emirates oil tankers were struck by Iranian cruise missiles while transiting the Strait of Hormuz, killing one Indian crew member and...
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,...