OPEC+ has announced a significant increase in oil production by 411,000 barrels per day for July, aiming to reclaim market share and address over-production among its members. This bold move has left analysts questioning the implications for crude prices and global supply.
President Trump's recent threat to impose a 50% tariff on the EU raises questions about U.S.-European relations. After delaying the tariffs to July 9 and calling it a 'recommendation,' how will markets react? Analysts suggest these tariffs may backfire on American manufacturers.
U.S. President Donald Trump claims significant advancements in trade discussions with China, hinting at a potential easing of tariffs that could reshape global markets. What does this mean for businesses?
In a surprising move, OPEC+ has decided to accelerate oil production hikes, leading to a more than $2 drop in oil prices. With Brent crude now at $59.25 a barrel, concerns grow over a potential supply surplus as tensions rise in the Middle East.
A top Ukrainian official has announced a groundbreaking memorandum signed with the US to enhance cooperation in mineral resources, aiming to bolster both nations' economies and global supply chains.
In response to the new 25% tariff on car imports, Jaguar Land Rover has paused all shipments to the US, raising concerns over the future of the UK's automotive industry. Could this be the start of a trade war?
As tariffs loom, Economy Candy in NYC faces potential price hikes on over 2,000 candy products. Owner Mitchell Cohen shares his concerns about affordability and the impact on the beloved candy industry.
In a surprising move, Sen. Mitch McConnell and three GOP senators voted to undo Trump's tariffs on Canadian imports, citing the need to reinforce alliances and protect the American economy amidst rising costs.
Copper prices hit a new record of $5.2255 per lb as traders brace for potential tariffs from President Trump. With a 29% increase this year, the market is experiencing unprecedented changes driven by supply shifts and strong demand.
