Over the weekend, Iranian Foreign Minister Abbas Araqchi said Iran had not decided to resume talks with the U.S. Meanwhile, U.S. President ...

Oil prices maintained stability as tanker movements through Hormuz showed a decline. While Brent crude futures edged up, WTI futures posted...

Rising grocery and fuel prices are emerging as a political vulnerability for US Republicans ahead of the November midterms. Despite Donald ...

Iran has rejected US claims of control over the Strait of Hormuz and demanded Washington accept its conditions before shipping resumes. The...

Crude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks. Brent cru...

July saw a surprising dip in US retail sales, reversing the trend of recent strong performances. The earlier surge in consumer spending, fu...

US refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...

US stock markets closed higher on Wednesday, driven by strong AI infrastructure company earnings. Mild inflation data reinforced expectatio...

Inflation has eased for the second consecutive month, reducing the urgency for the Federal Reserve to increase interest rates imminently. N...

US consumer prices are expected to have risen modestly in July, potentially easing market expectations of a Federal Reserve rate hike this ...

Oil prices increased Wednesday morning due to Middle East supply worries. Attacks on ships fueled concerns about disruptions in vital shipp...

The oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...

US President Donald Trump has extended a waiver allowing foreign-flagged ships to transport oil and other commodities between US ports for ...

US President Donald Trump has approved a Jones Act waiver extension. This waiver aims to reduce gas prices by increasing shipping flexibili...

President Trump expressed optimism regarding negotiations over the Strait of Hormuz. He believes progress could lead to lower gasoline pric...

The White House plans to extend a Jones Act waiver to reduce gasoline prices. This waiver increases shipping flexibility and eases transpor...

McDonald’s posted higher second-quarter profit and revenue, though sales growth in its US market slowed as cautious consumers curbed spendi...