Brent crude surged above $108 a barrel on Sept. 14 as an attack on a merchant vessel in the Strait of Hormuz and the shutdown of Saudi Arabia’s key East-West Pipeline intensified concerns that critical Middle East energy routes are becoming increasingly vulnerable.
Global electric-vehicle sales rose for a sixth consecutive month in August, with Europe providing the strongest growth among major markets as weaker sales in North America and China limited the overall increase.
U.S. President Donald Trump has announced an agreement giving the United States majority control over more than 65 billion barrels of Venezuela’s proven oil reserves, establishing a potentially far-reaching U.S. role in the country’s energy sector.
U.S. President Donald Trump has threatened to raise U.S. tariffs on Canadian cars, trucks and automotive parts to 50% from 25% beginning Jan. 1, 2027, escalating a trade confrontation with Ottawa after trade talks failed.
Anthropic investors are preparing to back a valuation of $2 trillion or more when the artificial intelligence company goes public in October, a figure that would surpass SpaceX’s record IPO valuation and make the Claude developer’s debut the largest...
Saudi Arabia, Pakistan and Turkiye agreed to immediately implement collective-defense commitments under the Mecca Defense Alliance on Oct. 5, including measures to provide and rapidly deploy agreed military forces and capabilities to Saudi Arabia as the Kingdom faces escalating security threats.
