Oil prices on the global market saw a sharp decline on Friday following remarks from US President Donald Trump, who hinted at the possibility of a peace deal with Iran. This news sparked optimism about a potential reduction in tensions within the Strait of Hormuz, a key passage for oil and gas shipments worldwide. Brent crude prices momentarily dipped below $85 per barrel during...
In a significant move to bolster the coal industry, US President Donald Trump has unveiled a $700 million federal initiative. This program, leveraging the Defense Production Act—usually reserved for national emergencies—aims to support and expand coal-fired power plants across the country. Over a dozen existing plants in multiple states will receive funding to maintain operations, restart inactive facilities, and develop new infrastructure related to...
The Trump administration has introduced a proposal for a 25% tariff on Brazilian imports, citing what it describes as unfair and restrictive trade practices...
Taiwan and the United States are intensifying their collaboration in the defense industry amid rising security concerns, leading to increased investment and closer integration...
Global oil prices have once again climbed above $100 per barrel following recent U.S. military actions against Iranian targets, casting doubt on the prospects...
US Secretary of State Marco Rubio commenced a four-day visit to India on Saturday, aiming to fortify strategic alliances and enhance cooperation across various...
