Economy

Iran war threatens prolonged impact on energy markets as oil prices rise

The conflict has already led to the suspension of almost a fifth of global crude oil and natural gas supply.

Experts have begun to question the AI startup’s path forward amid surging financial needs and no profit plan.

Rising energy prices threaten to stoke inflation and hobble economic growth in countries around the world.

Agency says process being worked out to mediate disbursement of $166bn in tariff costs to more than 330,000 importers.

The licence follows a push from US President Donald Trump to open Venezuela’s resource sector to outside investment.

Experts say Trump must offer ‘tangible economic benefits’ to Latin America to curb China’s growth in the region.

The healthcare sector was hit the hardest , while tariff-exposed sectors remained stagnant .

International Energy Agency warns against politically and economically wrong return to reliance on Russian energy.

Wealthy travellers are paying up to $200,000 to charter flights out of the region.

Havana’s streets have changed as a US fuel blockade restricts the movements of vehicles and people and hits businesses.