US Politics & Business News
Oil flows out of the Strait of Hormuz are recovering unevenly and remain well short of pre-war levels, according to a new briefing from Kpler. The firm has raised its price outlook as Saudi Arabia ramps up exports from both its coasts. Kpler Insight lifted its Q4 2026 Dated Brent forecast to around $96 a…
On Thursday, the House of Representatives passed the most sweeping Russia sanctions package Washington has assembled since the invasion of Ukraine, and sent it to a president who has wavered for years over whether to sign such things at all. The vote was 262 to 159, following an 86-to-11 landslide in the Senate in August….
Freedom Fuel gas stations, promoted by the Trump administration for their low prices, allegedly sold fuel their supplier never received payment for, according to a newly filed lawsuit. Mansfield Oil Company filed the suit on August 19 in U.S. District Court in Eastern Pennsylvania, targeting KRSM, a foreign corporation linked to the Freedom Fuel Network….
The Chinese Embassy in Washington pushed back sharply against the latest round of US sanctions targeting Iran’s oil exports, warning that the measures risk further destabilizing an already fragile Middle East and could deal a blow to global economic growth. Washington has steadily escalated its “maximum pressure” campaign against Tehran’s oil sector this year, with…
Interest in gold and silver often increases during periods of inflation, economic uncertainty, or market volatility. While precious metals may offer characteristics that appeal to some households, the decision to purchase them depends on individual objectives, financial circumstances, time horizon, liquidity needs, and tolerance for price fluctuations. According to Bishop Gold Group, evaluating precious metals…
California industrial facilities that receive a 60-Day Notice alleging stormwater violations are not hearing from a government regulator. In the vast majority of cases, the notice comes from a private environmental organization exercising its right to sue under the citizen-enforcement provision of the federal Clean Water Act — and according to a new analysis, a…
Crude oil tumbled sharply on Monday after Washington and Tehran both stepped back from two weeks of direct strikes on each other. Brent crude dropped as much as seven percent below ninety dollars a barrel before clawing back roughly half of that loss by midday. The pullback triggered a broader relief rally across stocks, bonds,…
President Donald Trump’s approval rating among Republicans has fallen to a new low of 44%, according to a poll of 1,032 Republicans by Congress.net. This fall in support comes amid growing concerns over inflationary pressures and the economy amid continued tensions with Iran. Trump’s approval rating among Republican voters was 57% as of 21 May,…
Job openings climbed to their highest level in nearly two years during April, while hiring fell sharply in the same period. The Bureau of Labor Statistics reported that available employment reached 7.6 million for April, a surge of 731,000 from the prior month and the highest level since May 2024. Economists surveyed by Dow Jones…
Treasury Secretary Scott Bessent delivered a pointed warning to Oman on Thursday, escalating tensions over the critical waterway known as the Strait of Hormuz. The warning came after President Trump publicly stated that Oman should “behave or we’ll have to blow ’em up,” raising the stakes in an already tense diplomatic standoff. Bessent took to…