Asia Pacific banks may have to raise their loan loss provisions further in the near term as the Iran conflict darkens economic prospects in the region heavily reliant on...
The US-Israeli war with Iran has already cost companies around the world at least US$25 billion (RM99.4 billion) — and the bill is climbing, according to analysis. A review...
Indian oil refiners are structurally equipped to handle potential disruptions after the United States allowed its key sanctions waiver on Russian seaborne crude purchases to expire. Petroleum Minister Hardeep...
British HSBC set up an investment vehicle worth $4 billion to fund energy transition technology from China, including wind and solar power, electric vehicles, data centers, and artificial intelligence....
Anglo American has agreed to sell its steelmaking coal assets in Australia to Dhilmar Limited for up to $3.875 billion in cash, exiting the steelmaking coal business as the...
Developers of the Commonwealth LNG project have taken the final investment decision to build the $13-billion U.S. export plant in Louisiana, underpinned by investments from Kimmeridge, Abu Dhabi-based Mubadala...
The Abu Dhabi national oil company ADNOC plans to have a new pipeline operational in 2027 that would double its oil export capacity through Fujairah, which sits outside the...
The Trump administration will put back into the Strategic Petroleum Reserve whatever oil it takes out—and then some—during the current emergency drawdown period, Energy Secretary Chris Wright said at...
The dollar got a lift from elevated US Treasury yields on Thursday as investors wagered the Federal Reserve would hike rates this year, while an impasse between the US...
Russia just found itself on the right side of the oil shock. As the Iran war continues to choke flows through the Strait of Hormuz and scramble global crude...