African ports are capturing only a fraction of shipping rerouted around the continent’s southern tip after…
Tag: Iran
Gold rises as Trump touts progress with Iran and dollar falls
Gold extended gains after US President Donald Trump touted progress on a final agreement with Iran,…
Tokyo is throwing out its strict office dress code and asking workers to wear shorts amid the war in Iran energy crisis
As the summer rolls in, many dreams of jet-setting vacations are being dashed as fuel prices…
US says Iran ceasefire still in place after clashes over Hormuz
The US played down the prospect of a return to active war with Iran after a…
Ships cluster further from Hormuz Strait as Iran widens grip
Hundreds of vessels were seen clustering near Dubai on Tuesday, as more ships moved away from…
Supermicro’s earnings call today takes place amid a probe that could be ‘fatal’ for the company
Don’t ignore the macro. Sure, stocks are doing well, Morgan Stanley’s Lisa Shalett says in a…
I watched my father run his business through the Lebanese Civil War. Here’s what it taught me about leading through disruption.
I spent most of the school holidays of my childhood at my father’s office in Beirut.…
‘You could say the ceasefire has ceased’: Iran is back on Wall Street’s radar as oil prices spike 6%
The truce between Iran and the U.S. that has been fraying over the last four weeks…
Top U.S. oil producer declares “green” light on drilling for more oil amid Iran war
A top oil and gas producer in West Texas’ booming Permian Basin declared a “green” light…
SA farms face El Niño drought risk on top of Iran war
South African farmers pinched by mounting costs from the Iran war now face the added risk…
China’s unprecedented defiance of U.S. sanctions triggers showdown
China has ordered its companies to ignore U.S. sanctions, an unprecedented act of defiance that threatens…
Google’s quiet internal war against its anti-military activist employees
Quick note: Subscribe to the forthcoming Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver…
Enbridge aims to help North America win from the AI boom and the Iran war as the FedEx of energy
Call it the FedEx of energy. Calgary-based Enbridge has grown into the largest oil and gas…
Markets on alert as Trump vows Project Freedom for Hormuz after renewed attacks on ships
Financial markets were muted on Sunday as investors were reluctant to bite on the latest well-timed…
Trump says US will guide ships from ‘neutral and innocent’ countries out of the Strait of Hormuz
U.S. President Donald Trump announced a project that will start on Monday to help stranded ships leave…
Cargo ship near the Strait of Hormuz comes under attack by multiple small boats
A cargo ship near the Strait of Hormuz said it was attacked by multiple small craft, according to…
Iran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says
Iran’s latest proposal to the United States calls for issues between the countries to be resolved…
Aged oil tanker suggests Iran Is bringing back retired ships
A 29-year-old Iranian supertanker has appeared at Kharg Island after years off the radar, a sign…
Trump is reviewing Iran’s new proposal to end war, but ‘can’t imagine that it would be acceptable’
“I’ll let you know about it later,” he said before boarding Air Force One, adding that…
Iran juggles oil cuts and storage strain to resist U.S. blockade
As the US naval blockade in the Strait of Hormuz tightens around Iran’s oil trade, exports have plunged…