With one of the world’s highest benchmark interest rates among major economies, Brazilian importers who buy from China are turning to a state-owned Chinese credit insurer to sustain trade flows that ...

OPEC oil output plunged in March to its lowest level since the height of the COVID-19 pandemic in June, 2020, a Reuters survey found, as the U.S.-Israeli war against Iran effectively closed the Strait ...

Iraq has reduced crude oil production in Basra to about 900,000 barrels per day (bpd) after exports from southern ports were halted, the Iraqi News Agency (INA) reported last week. The report, quoting ...

March 31 - After recording their best offensive showing of the season, the Pittsburgh Penguins immediately face another crucial game when they host the Detroit Red Wings on Tuesday. Trailing by two ...

Nintendo Co. is cutting back the production of Switch 2 after demand for the $450 gaming console trailed the company’s expectations during the year-end holiday season, particularly in the US. The ...

Emirates Global Aluminium, the Middle East’s top producer of the metal, halted operations at its Al Taweelah smelter after the site was struck by Iranian missiles and drones over the weekend, ...

Dubai: ADNOC Gas said it has made temporary operational adjustments to liquefied natural gas (LNG) production and export-traded liquids in response to ongoing shipping disruptions in the Strait of ...

The Pentagon is preparing for weeks of ground operations in Iran, U.S. officials said, as thousands of American soldiers and Marines arrive in the Middle East for what could become a dangerous new ...

Note: Real effective exchange rates are assumed to remain constant at the levels prevailing during April 26–May 24, 2019. Economies are listed on the basis of economic size. The aggregated quarterly ...

Kuwaiti Tanker Full of Oil Struck Off Dubai Day After Trump’s Threats The vessel caught fire and sustained damage, its owner said on Tuesday, adding that there was the potential for an oil spill in ...

FOX Business' Lauren Simonetti reports the latest on the U.S. blockade against Iran and its impact on energy on 'Varney & Co.' American Airlines is raising checked bag fees by $10 in response to ...