According to Bloomberg, the average retail price of gasoline in the United States has hit its highest level since September 2024. The American Automobile Association (AAA) reported that on March 5, the average price was $3.32 per gallon (3.8 liters), which is an increase from $2.98 per gallon the...

Chinese officials have instructed major oil refineries to stop exporting diesel and gasoline right away. As Bloomberg reports, this decision was taken during the continued conflict in the Persian Gulf, which has caused disruptions in oil supply from the area. According to Bloomberg sources, top...

Aluminum prices hit a level not seen in almost four years on Wednesday, mainly because of worries about possible interruptions in supply from the Middle East. Aluminum futures prices on the London Metal Exchange increased by 3.1%, reaching $3,379.8 per tonne. During the session, the price went...

Representatives from EU member states have stated that the current situation regarding gas and oil supplies, which has been influenced by events related to Iran, does not currently cause any significant concerns, as reported by the European Commission's Energy Directorate-General. The statement...

Gas prices in Europe went up by tens of percent on Monday after news about military activity near Iran came out. The most recent reason for the increase was the report that Qatar's state-owned company, QatarEnergy, halted LNG production at the Ras Laffan facility because of military attacks. On...

On February 28, insurance companies informed shipowners that they were cancelling current policies and planning to raise insurance rates for ships passing through the Persian Gulf and the Strait of Hormuz, according to a report by the Financial Times, which cited brokers. The newspaper called the...

According to OPEC data, the total quota set for OPEC+ in March, which includes additional allocations from countries that violated the agreement, will be 37.823 million barrels per day. This represents an increase of 124,000 barrels per day compared to the original February plan. The increase is...

Tether’s decision to freeze $4.2 billion worth of its dollar-pegged stablecoin over links to alleged illicit activity marks a defining moment in the evolution of cryptocurrency oversight. The move, spanning mostly the past three years, reflects how the world’s largest stablecoin issuer is...

According to The Wall Street Journal, at least 1,800 companies have filed lawsuits seeking compensation from the U.S. government for the losses they incurred as a result of the White House's imposition of higher import tariffs last year. Late last week, the US Supreme Court ruled that President...