Economy
Business chiefs warned on Wednesday that disruption to shipping in the Red Sea caused by attacks by Yemen's Houthi militants could affect supply chains for months and lead to a shortage of tankers needed to transport fuel. Attacks by the Iran-allied Houthi militia on ships in the region since November have slowed trade between Asia and Europe ...
Europe is more prepared than last year in having sufficient energy supplies, even in the event of anticipated cold spells, experts have said. Europe, in a bid to ...
Both oil benchmarks saw modest rises on Wednesday, fueled by optimism over US demand, as investors braced for impending economic data signaling the Federal Reserve's (Fed) next policy ...
Oil prices increased on Friday over robust demand indicators in the US as crude oil inventories declined and Federal Reserve (Fed) minutes show interest rate cuts are likely ...
Oil prices fell roughly 1% on Thursday, as concerns eased about shipping disruptions along the Red Sea route, even as tensions in the Middle East continue to fester. ...
Oil prices increased on Tuesday amid supply uncertainty magnified by reports of disputes among OPEC+ members over their production "as for the upcoming year. International benchmark crude Brent ...
The European passenger car market grew 14.6% from a year ago in October, marking the 15th consecutive month of growth, an industry group report revealed on Tuesday. New ...
Oil prices slid on Thursday over weak demand data in the US and unfolding fears that recession signs in China will also curb the country's oil demand. International ...
World fossil fuel demand is set to peak by 2030 as more electric cars hit the road and China's economy grows more slowly and shifts towards cleaner energy, the International Energy Agency said, undercutting the rationale for any rise in investment. The report from the IEA, which advises industrialised countries, contrasts with the view of ...
At least two Egyptian banks have suspended the use of Egyptian pound debit cards outside the country to stop a drain on foreign currency as the country's currency ...
