Business

In the first quarter of 2026, Türkiye’s economy grew by 2.5 percent, showcasing resilience in the face of geopolitical tensions, global uncertainties, and climbing energy costs. Official figures indicate that …

Oil prices experienced a notable drop of over 2 percent on Friday, setting the stage for their steepest weekly decline since early April. This downturn came as markets absorbed news …

European Union officials are in the process of considering new restrictions on imports from China, driven by mounting concerns over the bloc’s growing reliance on Chinese goods and the possible …

Chinese automaker Xpeng is actively seeking a factory location in Europe, while Volkswagen is looking to downsize its number of production facilities. This scenario appeared ideal for a potential deal …

Japan is mobilizing its strategic petroleum reserves on an unprecedented scale, with Prime Minister Sanae Takaichi confirming a release of 80 million barrels — the biggest-ever in the nation’s history …

Treasury Secretary Scott Bessent made headlines Thursday when he confirmed the US is weighing a plan to lift sanctions on Iranian oil currently stranded on tankers in international waters. The …

The 2026 energy crisis has reignited a debate over how much power Brussels should have over national energy markets. As prices soar due to the Iran conflict, some EU member …

The United Arab Emirates has seen its oil production collapse by 50% as Iranian strikes target the nation’s most vital energy assets. On Tuesday, Brent crude prices surged to $103.20, …

A 50-year-old law has become the center of a major constitutional clash between the U.S. President and the Supreme Court. The International Emergency Economic Powers Act (IEEPA) of 1977 was …

TikTok will continue to serve millions of American users under a newly restructured ownership arrangement, but the deal that secured its future in the US comes with an extraordinary cost: …