Monday’s trading sessions witnessed precious metals achieving remarkable milestones as gold and silver both reached record price levels amid escalating international trade tensions. Gold climbed to an all-time high of …
Category:
Business
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Pressure is mounting on BP as it grapples with a “weak showing” from its oil trading arm and a massive $5 billion writedown on its green energy portfolio. The update, …
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Global markets were rattled on Monday after President Donald Trump issued a “final and conclusive” order imposing a 25% tariff on any country trading with Iran. The directive, announced on …
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Framing his latest economic policy as a corrective measure against the previous administration, Donald Trump has announced a one-year cap on credit card interest rates, limiting them to 10%. In …
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China has issued stern warnings against American control with Venezuela supplying oil to the US indefinitely, with the foreign ministry declaring the move violates international law and Venezuelan sovereignty. The …
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America’s largest oil companies are staying conspicuously quiet following President Trump’s announcement that they’re prepared to invest billions reconstructing Venezuela’s oil industry. The disconnect between Trump’s confident assertions and corporate …
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The oil industry closed 2025 with a nearly 20% annual decline, marking the most severe yearly drop since the pandemic crisis of 2020. This represents an unprecedented pattern of three …