Ukraine struck a Russian oil terminal and a warship, Volodymyr Zelenskyy said Wednesday, as the countries ramp up attacks against each other. CBS News’ Aidan Stretch has more. Source link
ALBUQUERQUE, N.M. — New Mexicans will choose Democratic and Republican nominees for governor Tuesday as the state grapples with high rates of violent crime, chronically underperforming schools and cuts to federal programs that are key safety nets for residents. Despite New Mexico’s persistent challenges, the primary election comes at a time of promise for the … Read more
The price of oil rose sharply on Monday, after Iranian government-aligned media reported that the country was cutting off talks with the United States to end the ongoing war. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. U.S. crude oil soared as much as 8.5% to nearly $95 … Read more
The French Navy on Sunday boarded an oil tanker, named the Tagor, which was subject to international sanctions and sailing from Russia, French President Emmanuel Macron wrote on X. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “This operation took place in the Atlantic Ocean, on the high … Read more
HONG KONG — Stock markets in Japan and South Korea hit fresh record highs Monday on enthusiasm over the artificial intelligence boom and as investors await a decision on the Iran war ceasefire extension. Oil prices gained more than 2% as U.S.-Iran negotiations continued, including on the reopening of the Strait of Hormuz, a key … Read more
As May’s final day of oil trading is underway, the price of crude is set for its biggest one-month decline in six years, delivering some relief to consumers at the pump and some optimism to investors hoping for an end to sky-high energy prices. Subscribe to read this story ad-free Get unlimited access to ad-free … Read more
Asian shares were mostly higher on Wednesday and oil prices fell after the U.S. stock market rose to more records. South Korea’s Kospi jumped nearly 5% and Taiwan’s benchmark also surged as the boom in artificial intelligence drove heavy buying of computer chipmakers and other technology companies. In Tokyo, the Nikkei 225 also was lifted … Read more
Oil giant BP on Tuesday removed Chair Albert Manifold after identifying what it called serious governance and conduct concerns, abruptly ousting the executive less than a year after appointing him to lead the board. The board unanimously decided that Manifold should no longer serve as chair and a director, with his removal effective immediately, the … Read more
WASHINGTON — The U.S. military said Wednesday that it boarded an Iranian-flagged oil tanker in the Gulf of Oman that was suspected of trying to violate the American blockade, the latest action by the Trump administration to try to push Tehran to reopen the Strait of Hormuz. But President Donald Trump is facing his own … Read more
Government bonds around the world sold off sharply Friday as the price of oil jumped, both driven by an array of geopolitical developments in the Iran war, politics and trade. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The yield on a 30-year U.S. Treasury bond rose above … Read more