Global Economy
-
New Study Links Protestant Reformation to Lasting Economic Growth Patterns
LONDON — A new study published in May by RFBerlin argues that economists have been looking in the…
-
Global air travel demand falls 0.8% as Middle East traffic drops
Almaty, October 1 — Global air travel demand fell 0.8% year-on-year in August 2026, according to the International…
-
Triethylene Glycol Hit $1,597 a Ton in the US in June 2026, IMARC Says
ALMATY, Kazakhstan, September 30, 2026 According to the latest report by IMARC Group, the price of triethylene glycol…
-
51 Countries Back Joint Statement Calling for Safe Black Sea Shipping
UNITED NATIONS, September 24 — A coalition of 51 countries and the European Union has backed a joint…
-
China Remains the World’s Biggest Energy Consumer, With Coal Still Supplying Half
BEIJING, August 4 — China’s economic footprint in global energy markets remains immense, with data from early 2024…
-
Strait of Hormuz Closure of 2026: What the Chokepoint Is and What Shutting It Cost
WASHINGTON D.C., August 1 — The Strait of Hormuz, a narrow waterway connecting the Persian Gulf with the…
-
Houthi Blockade Threat at Bab el-Mandeb Adds to Hormuz Oil Crisis
MANAMA, July 20 — The Bab el-Mandeb strait, whose Arabic name translates to “Gate of Tears,” is among…
-
Oil at Risk: The Economic Stakes of the U.S.-Iran Standoff
WASHINGTON, July 19 — Global oil markets have long kept a nervous eye on the Strait of Hormuz,…
-
Trump’s Strait of Hormuz toll sparks global oil market jitters
WASHINGTON, July 13 — For the families in Japan, India, and South Korea, the price of a tank…
-
Iran Sanctions, War Risk Threaten Global Oil Prices
TEHRAN, July 14 — Iran’s oil exports have been slashed to a fraction of their former volume, and…
-
Drone Strikes on Baltic Ports Cut Russian Oil Exports by About $970 Million in a Week
MOSCOW, July 13 — Russia’s oil exports declined by 10% in 2024 compared to the previous year, according…
-
Oil Rises Only 3% After Iran Declares the Strait of Hormuz Closed
TEHRAN, July 12 — The potential closure of the Strait of Hormuz is sending ripples of concern through…
-
Strait of Hormuz: A Narrow but Critical Global Energy Chokepoint
TEHRAN — Iran’s Islamic Revolutionary Guard Corps Navy announced the closure of the Strait of Hormuz on April…
-
Iran’s Oil Exports Fall Over 80% as US Sanctions and Naval Blockade Bite
TEHRAN, July 9 — Iran’s position as a major player in global oil markets has grown more precarious,…
-
Oil Jumps as US-Iran Ceasefire Collapses and Hormuz Control Is Disputed
WASHINGTON, July 8 — Donald Trump, the 45th and 47th president of the United States, has been a…
-
Trump’s Iran ceasefire end sends oil prices surging
WASHINGTON, July 8 — President Donald Trump’s declaration on March 30, 2025, that the ceasefire with Iran is…
-
Oil Reserves and Shipping Chokepoints Leave Global Supply Exposed, Analysis Finds
WASHINGTON, July 8 — A 21-mile-wide maritime chokepoint carries roughly one-fifth of the world’s daily oil consumption. That…
-
US Strikes on Iran Rattle Global Oil Prices and Supply
TEHRAN — The aftershocks of a single day of military action are still being felt in global energy…
-
How Oil Grew From One Pennsylvania Well Into a Force in the Global Economy
WASHINGTON, July 7 — The story of petroleum is one of discovery, power, and profound economic consequence. For…
-
Ukrainian Drone Strike Halts Omsk Refinery, Russia’s Largest, Industry Sources Say
OMSK, Siberia — The idea that Siberia’s vastness offered a natural shield from conflict is quietly slipping away.…
-
Russia Bans Diesel Exports After Ukrainian Drone Strikes on Its Refineries
MOSCOW, July 7 — Russia’s oil refining sector processed approximately 275 million tons of crude oil in 2023,…
-
Kirishi Refinery, Russia’s Second-Largest, Halted After Repeated Drone Strikes
MOSCOW, July 7 — The shift is subtle but unmistakable. Russia’s largest oil refinery, the Kirishi refinery —…
-
Oil Climbs Above $104 as Hormuz Tanker Attacks and Hurricane Isaias Threaten Supply
MUMBAI, July 7 — The threat of a disruption at the Strait of Hormuz is the kind of…
-
Saudi Arabia Reroutes Oil Across the Desert to Yanbu After Hormuz Closure
TEHRAN, July 7 — A narrow ribbon of water between Iran and Oman is getting renewed attention from…
Most read
-
Faraday Factory HTS tape and Zenno Almighty Magnet launch to space
-
Japan Meteorological Agency Reviews Early Warning System After False 9.9 Quake Alert
-
Japan’s H3 Rocket Evolves Into a Versatile Workhorse for Deep Space Exploration
-
SpaceX Pursues Ambitious Projects After Recent Launch Success
-
Musk Disputes NASA’s 22-Launch Estimate for Artemis IV Moon Landing
-
Researchers Launch ShakeOut Scenario 2.0 to Update Southern California Earthquake Model
-
Japan Trench Plate Boundary Re-locks 15 Years After 2011 Quake, Study Finds
-
Archaeologist Uncovers Intact 1906 Basement Frozen Under San Francisco Streets
-
How Seismic Circuit Breakers Use Physics to Stop Earthquake Fires Before They Start
-
How the Nankai Trough Earthquake Evaluation Committee Tracks Japan’s Megaquake Threat
-
Woodside Energy Bets on LNG as Clean Energy Pivot Stalls
-
Indonesia pushes 70% state share of mining permits, reshaping contracts with foreign giants
-
How Artisanal Gold Mining Fuels Global Markets and Local Crises
-
Project InnerSpace Launches Abundance Energy Group to Unlock Oil Major Capital for Geothermal
-
How U.S. Mining Faces a Workforce Crisis While Critical Mineral Demand Soars
-
United Launch Alliance Successfully Returns Vulcan Centaur to Flight After Nine-Month Grounding
-
How NASA Is Adapting Its Artemis Timeline as SpaceX Ramps Up Starship
-
SpaceX Starship Flight 15 attempts first full rocket recovery in history
-
Caltech’s ASTRA robot autonomously assembles space antenna truss for first time
-
Project Kuiper Faces Major Logistical Test as Amazon Scaled Its Satellite Internet Constellation
-
Hyaloclastite Fracturing on Liliʻuokalani Ridge Reveals Pacific Plate Volcanic Patterns
-
Epstein-Barr Virus Confirmed as Leading Cause of Multiple Sclerosis
-
Invisible Massive Object in Distant Star System Challenges Dark Matter Theories
-
How Newly Discovered Psilocybin Mushrooms Combine Psychedelics and Deadly Toxins
-
Anthropic CEO Dario Amodei Claims AI Will Eradicate Major Diseases Within a Decade