Crude oil prices jumped nearly 3% following President Trump's cancellation of meetings with Iranian officials amidst escalating protests in Iran. The unrest has raised concerns over potential disruptions in oil supply, prompting a reaction in the global oil markets.
In a bold move, Trump threatens Cuba with a complete halt of Venezuelan oil and funds unless a deal is made. With the US seizing Maduro's regime, the stakes are higher than ever for Cuba.
In a bold move, President Trump signals intentions to seize more oil tankers off Venezuela's coast, escalating pressure on Maduro. The U.S. already seized a tanker transporting oil to Iran, with more actions expected soon. What does this mean for global oil markets and U.S.-Venezuela relations?
In a significant turn of events, China has permitted Dutch chipmaker Nexperia to resume exports, prompting the Netherlands to reconsider its control over the company. This development could alleviate the ongoing global chip shortage impacting automotive production.
In a surprising twist, rumors suggest Samsung may switch to its Exynos 2600 chip for the Galaxy S26. However, Qualcomm is confident it will still power 75% of the devices. What does this mean for Samsung's chip strategy?
Ford's F-150 Lightning might be scrapped as production halts due to aluminum supply issues. With significant losses in its EV unit, Ford shifts focus to more profitable gas and hybrid trucks.
OPEC+ has decided to implement a small oil output increase for December while pausing further increases in early 2026, responding to fears of a looming supply glut and new sanctions on Russia. This strategic move aims to manage market stability amid fluctuating oil prices.
In a landmark agreement, China will lift its export ban on automotive computer chips, crucial for car production worldwide. This trade deal with the US also includes soybean and rare earth minerals, signaling a major de-escalation in the trade war.
In a significant move, China has confirmed that its suspension of rare earth export controls will now extend to the EU, following a pivotal meeting between Chinese and U.S. leaders. This decision comes as the EU scrambles to reduce its reliance on Chinese supplies amidst rising market tensions and supply chain disruptions.
A major standoff involving Nexperia, a Dutch chipmaker owned by China's Wingtech, threatens global auto production. With export bans and national security concerns, automakers are on high alert for potential chip shortages.