Traffic through the strait, the portal for one-fifth of the world’s oil supply, remained all but halted because of Iranian threats, and there was no sign yet that the United States and its allies were about to use warships to escort tankers safely through,

Rising tensions between the United States, Israel and Iran have sent oil prices surging. While households and governments face higher costs, parts of the fossil fuel industry stand to gain billions.

The electric-vehicle surge that once looked unstoppable is now colliding with economic gravity. Instead of a straight line to mass adoption, the market is entering a harsher phase in which slowing demand, rising costs, and a global price war are exposing ...

The price war in the petroleum sector has continued to deepen as some retail outlets have dropped the prices of Premium Motor Spirit (petrol) below the N739 per litre recommended by the Dangote Petroleum Refinery. The PUNCH reports that since the Dangote ...

In the two weeks since the U.S. and Israel launched strikes on Iran, President Donald Trump increasingly has been knocked on his political heels.

Maserati has detonated one of the most aggressive price moves yet in the luxury EV segment, instructing dealers to carve up to $85,000 off its flagship electric sports cars. The decision effectively turns six‑figure halo models into relative bargains and ...

Falling oil prices have contributed to a rise in stock prices, with the S&P 500, Dow Jones, and Nasdaq all showing gains amid ongoing geopolitical tensions.