United States

Global oil demand to peak at 105.6 million barrels per day by 2029, says IEA

Heightened geopolitical risks, unresolved trade tensions and policy shifts have added several uncertainties to the oil market outlook

Trump family unveils T1 smartphone and ‘Trump Mobile’ service: Key details, pricing, and launch date

Trump Mobile offers 5G service, unlimited data, and customer support based in the U.S.

Crude oil prices climb above $73.6 amid Fed anticipation, Middle East uncertainty

Oil was pressured by mixed economic readings from China, signaling inconsistent growth in its economy

Global markets: Energy supply risks, Mideast tensions impact investor sentiment ahead of key policy decisions

Geopolitical volatility in the Middle East comes as investors prepare for interest rate and policy decisions from key central banks this week

UAE, Saudi Arabia venture into the U.S. LNG space

Gulf countries are expanding their overseas presence and creating partnerships as part of growth plans

Crude oil prices surpass $74.85 as Middle East tensions intensify

Concerns grow over potential disruptions in the Strait of Hormuz, impacting global oil supply

Fed to keep interest rates steady as job growth slows, tariff risks persist

Since the Fed's May policy meeting, the Trump administration has delayed its global tariffs until July

Abu Dhabi’s G42 expands into Europe and U.K. with new hub for tailored AI solutions

The new entity will partner with governments to enhance AI infrastructure across Europe and the U.K.

Apple tops iPhone market in China with 15 percent global sales growth, strongest since COVID

The growth is driven by a resurgence in Apple’s largest markets, China and the U.S.

Meta invests $14.3 billion for 49 percent stake in Scale AI to develop superintelligence lab

Alexandr Wang will report directly to Mark Zuckerberg while remaining on Scale AI's board.

U.S. tariff revenue rises 270 percent, posts record $23 billion in May 2025

U.S. customs duties surged to a record high, contributing to a reduction in the budget deficit.

Oil prices surge over 8 percent as Middle East tensions escalate

The latest developments in the region require the oil market to price in a larger risk premium for any potential supply disruptions