Economy
Governments in Brazil, India and Austria have introduced new measures aimed at limiting the impact of oil market volatility linked to the conflict involving Iran, as energy prices continue to face pressure from geopolitical tensions entering a third month. Brazil extended its emergency fuel support......
A quiet trickle of oil tankers has begun escaping the Persian Gulf through the Strait of Hormuz, with roughly one quarter of the large non-Iranian vessels stranded since the outbreak of war now having navigated past the strategic chokepoint. The gradual movement comes as Chevron's chief executive......
Ryanair has confirmed it will maintain its full summer flight program in Morocco, shielding itself from the fuel price surge triggered by the ongoing conflict involving the United States, Israel, and Iran, which has severely disrupted jet fuel supplies through the Strait of Hormuz. While the broader......
Marrakech’s prime residential property market has recorded strong growth since 2023, driven by rising demand from international buyers, younger professionals, and Moroccan expatriates seeking second homes and lifestyle investments. The city, long associated with retirees and seasonal visitors,......
The United States economy showed mixed signals at the end of the first quarter of 2026, as inflation continued to rise while economic growth slowed more than expected. The latest economic indicators released on Thursday highlighted ongoing pressure on consumers and businesses, even as financial markets......
Cheniere Energy Partners has signed a major agreement with Bechtel Energy to move forward with the first phase of the expansion of its Sabine Pass LNG terminal in Louisiana, reinforcing the United States’ position as one of the world’s leading exporters of liquefied natural gas. The agreement......
Hormel Foods reported stronger-than-expected quarterly results on Thursday, driven by sustained demand for protein-rich food products, particularly chicken and turkey. The U.S.-based food company, known for brands such as Skippy peanut butter, exceeded analysts’ expectations for both sales and......
Global energy trading activity reached a new milestone in May as Intercontinental Exchange (ICE) announced record levels of open interest across its natural gas and electricity markets. The development reflects growing uncertainty in global energy supplies and increasing demand for energy risk management......
Global oil prices dropped sharply on Wednesday as investors reacted positively to signs of progress in negotiations between Iran and the United States aimed at easing tensions in the Middle East. The price of Brent crude and West Texas Intermediate (WTI) both lost around 5% during trading sessions after......
In a historic development for the gig economy in the United States, ride-share drivers working for companies such as Uber and Lyft have officially formed a union in Massachusetts. This marks the first time such workers have gained state-recognized collective representation in the country. The newly......
The global economy is losing the conditions that once defined a “goldilocks” scenario of steady growth and moderate inflation, according to economists at JPMorgan. The bank links this shift to the ongoing war in Iran, which has disrupted energy markets and created a persistent shock across......
Le secrétaire d’État américain Marco Rubio a effectué une visite diplomatique en Inde dans un contexte de tensions commerciales et stratégiques entre Washington et New Delhi. Il a rencontré le Premier ministre Narendra Modi ainsi que le ministre des Affaires......
Japan and South Korea are grappling with mounting shortages of naphtha, a petroleum product widely used in plastics, industrial chemicals and printing inks, as the prolonged closure of the Strait of Hormuz continues to disrupt energy supply chains across East Asia. The supply crunch, triggered after......
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