The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas. Brandon Bell | Getty Images British energy major Shell on Thursday reported stronger-than-expected first-quarter profit as the Iran war sent energy prices soaring. The oil giant posted adjusted earnings of $6.92 billion for the first three months of…
A Maersk container ship loaded with cargo containers sails out of port waters near the Kwai Tsing Container Terminals on March 19, 2026 in Hong Kong, China. Cheng Xin | Getty Images News | Getty Images The chief executive of Maersk, one of the world’s largest shipping companies, said Thursday that one of its commercial…
An employee works on core components of circuit breakers for wind turbines at Siemens Energy’s Hangzhou Plant on February 28, 2026 in Hangzhou, Zhejiang Province of China. China News Service | China News Service | Getty Images The Iran war appears to have supercharged the clean energy transition, providing a catalyst for wind power giants…
President Trump threatened Iran on Wednesday with new attacks, warning they would be at a “higher level and intensity” than previous rounds of bombing, if it declined to agree to a peace deal, which he said was “perhaps, a big assumption.” His latest remarks, in a Truth Social post, came 13 hours after he said…
NEWYou can now listen to Fox News articles! As President Donald Trump signals progress toward a possible agreement with Iran, Israeli officials and analysts increasingly are outlining what Jerusalem believes any deal must include to prevent Tehran from rebuilding its military and regional power. Israeli Prime Minister Benjamin Netanyahu said Wednesday that Israel and the…
With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war. On Sunday, President Donald Trump announced “Project Freedom,” a way for the U.S. to “guide” ships to exit…
NEWYou can now listen to Fox News articles! Iranian FA chief Mehdi Taj demanded that the U.S. respect Iran’s military institutions if the team is to participate in World Cup games scheduled in California and Seattle in the coming months. Taj’s comments come after Secretary of State Marco Rubio said that while the Iranian team…
South Korea’s Kospi hit another record Wednesday as Asia-Pacific markets saw a broad rally, tracking Wall Street gains overnight after oil prices dropped and strong earnings lifted investor sentiment. Signaling diplomatic efforts for resolving the Middle East crisis were on track, President Donald Trump said the U.S. bid to guide ships out of Strait of Hormuz…
DUBAI, May 6 (Reuters) – A senior Iranian parliament member said on Wednesday that a report by Axios that includes the text of a U.S. proposal for an agreement with Iran to end the war was more of a wishlist than a reality. “The Axios text is more of an American wish list than a…
For China, this rhetoric isn’t just posturing. The country is at the heart of twenty-first-century trade networks, so Beijing’s strategists prioritize geopolitical calm and market predictability. The tumult of Trump’s tenure provides a foil for Xi’s greater ambitions. “For decades we thought of Chinese foreign policy as mainly seeking stability to facilitate economic development, but…