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ECONOMY
Trump to Increase EU Car Tariffs to 25% Amid Trade Disputes

Trump announces a increase in tariffs on EU cars to 25%, blaming non-compliance with trade agreements.

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ECONOMY
Trump Eliminates Tariffs on Whisky Following King Charles' Visit

Trump removes whisky tariffs after King Charles' state visit, aiding economic ties between the US and UK.

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ECONOMY
Debate Over Iran War Costs: Pentagon Estimates $25 Billion, Higher Assessments Suggest $50 Billion

Tensions rise as U.S. lawmakers question the Pentagon's $25 billion estimate on the Iran war, with some assessments suggesting costs could exceed $50 billion.

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ECONOMY
LIV Golf to End Ties with Saudi Arabia’s PIF and Seek New Financial Backers

LIV Golf confirms it will cut ties with Saudi Arabia’s PIF, seeking new funding models for sustainability amid financial struggles.

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ECONOMY
Global oil prices soar as US intensifies blockade of Iranian ports amid escalating tensions

Oil prices surged past $120 per barrel due to heightened fears of supply disruptions caused by the US-Iran conflict.

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ECONOMY
Trump warns of prolonged Iran blockade, oil prices surge

Trump's warning about an extended blockade on Iran leads to a significant surge in oil prices, reflecting economic tensions and geopolitical implications.

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ECONOMY
UAE Exits OPEC, Signaling Shift in Global Oil Dynamics

The UAE's exit from OPEC marks a pivotal shift in global oil dynamics, impacting oil prices and market stability.

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ECONOMY
Oil Prices Surge Amid Stalled US-Iran Negotiations and Hormuz Supply Disruptions

Oil prices rise nearly 2% due to stalled US-Iran talks and disruptions in the Strait of Hormuz, tightening global oil supply.

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ECONOMY
US Imposes Sanctions on Chinese 'Teapot' Refinery and Shipping Companies for Iranian Oil Purchases

US sanctions target China's Hengli refinery for buying Iranian oil, escalating tensions in global energy markets.

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ECONOMY
Meta to Lay Off 8,000 Employees Amid AI Investment Surge

Meta plans to cut 8,000 jobs as it shifts focus towards substantial investments in artificial intelligence.

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