Economy- Page 4

Gas station pump prices reflecting surging energy costs from the Iran war 2026 oil inventory crisis

US Gasoline Prices Snap 50-Day Slide as Iran Escalation Rattles Energy Markets

The national average price of regular gasoline rose to $3.84 per gallon on Thursday, its first increase in nearly 50 days, after the collapse of the US-Iran ceasefire sent crude oil surging

July 9, 2026

by Economy Desk

Best savings account checklist: 10 factors to evaluate in 2026

Introduction Selecting the best savings account involves more than simply opening the first account that appears suitable. As banking services continue to evolve, account holders have access to a wide range of features designed to improve convenience, security, and financial

July 9, 2026

by Shivam Chopra

Blocked Rosneft petrol station in Saint Petersburg Russia diesel ban July 2026 after Ukraine drone strikes on refineries

Russia Bans Diesel Exports as Ukraine Drones Strike 21 Vessels, Halt Omsk Refinery

Ukraine's Unmanned Systems Forces struck 21 vessels in the Sea of Azov and shut down the

Brent crude oil price rises above $80 per barrel during global market rally

Brent Crude Surges Above $80 for First Time Since June, US-Iran Tensions Shake Global Oil Markets

Global oil prices surged sharply on Wednesday, with Brent crude briefly climbing above $80 per barrel

Federal Reserve Chair Kevin Warsh speaking at press conference amid US jobs report miss in June 2026

US Economy Added 57,000 Jobs in June as Workers Exit the Labor Force at a 50-Year Low

The Bureau of Labor Statistics reported Thursday that nonfarm payrolls rose by just 57,000 in June, far below expectations, as the labor force participation rate fell to 61.5 percent — its lowest

July 3, 2026

Business·Economy·News

The World Bank headquarters building in Washington DC where the annual income classification reclassification is determined

World Bank Upgrades Sri Lanka, Vietnam, Philippines and Jordan to Upper-Middle Income

Four years after its 2022 sovereign default emptied the island's foreign reserves, Sri Lanka has been upgraded to upper-middle income by the World Bank. The July 1 reclassification also advanced Vietnam, the

July 3, 2026

Business·Economy·News

IHC and Adani Group announce $11.5 billion aluminium joint venture in Odisha, India

IHC and Adani Group Sign $11.5 Billion Aluminium Deal, India’s Largest Metals FDI

Abu Dhabi's International Holding Company and India's Adani Group signed a $11.5 billion joint venture agreement for an integrated aluminium complex in Odisha, the largest foreign direct investment in India's metals sector,

July 3, 2026

Business·Economy·News

Chinese electric vehicles from Leapmotor and Zeekr at a showroom as the brands set consecutive monthly delivery records in June 2026

Leapmotor and Zeekr Set Back-to-Back Monthly Records in China’s EV Race

Leapmotor delivered 93,376 electric vehicles in June, its second consecutive monthly sales record, while Zeekr hit 35,169 units, up 110.6 percent year on year. New battery and self-driving technology is closing China's

July 3, 2026

Business·Economy·News

Strategic Petroleum Reserve crude oil storage tanks at Sunoco Terminal in Nederland Texas

US Strategic Oil Reserve at 1983 Low, Quarter Locked Out by Equipment Failures

America's emergency oil reserve sits at a 43-year low, and over a quarter of its crude cannot be pumped out due to equipment failures and cavern deformation. GAO documents reveal the SPR's

July 3, 2026

Business·Economy·News

Oil tankers at the Strait of Hormuz as shipping fees rise during Iran conflict, July 2026

Brent Crude Falls Back to Pre-War Levels as Hormuz Traffic Slowly Recovers

Brent crude fell below $71 a barrel Thursday, the first pre-war price level since February 28 and a 38 percent drop from its April peak of $126. Hormuz carries just 40 vessels

July 3, 2026

Business·Economy·News

German Chancellor Friedrich Merz announcing the coalition reform package in Berlin 2026

Germany’s Merz Coalition Announces Biggest Economic Reform Package in Decades

Germany's coalition unveiled a €10bn income tax cut, pension overhaul, and sick leave reform Thursday, with Deutsche Bank calling it one of the biggest reform packages in decades. Chancellor Merz faces September

July 3, 2026

Business·Economy·News

Sultan Al-Musallam at Vision Golfe forum in Paris discussing Saudi Arabia France bilateral trade and investment

French Investment in Saudi Arabia Nearly Tripled, With 30 Firms Now Calling Riyadh Home

French capital committed to Saudi Arabia nearly tripled over three years, climbing from SR7 billion to SR19 billion, while 30 French companies established Riyadh as their Gulf headquarters, the Federation of Saudi

July 2, 2026

Business·Economy·News

US nonfarm payrolls June 2026 labor market data showing 57000 jobs added below forecast

US Added 57,000 Jobs in June, Less Than Half What Forecasters Expected

The US added just 57,000 jobs in June, less than half the 110,000 economists expected, as leisure and hospitality shed 61,000 positions despite the US hosting World Cup group-stage matches. The unemployment

July 2, 2026

Business·Economy·News

EU Chamber president Jens Eskelund presents European firms China dependency data at Kiel Institute Berlin conference 2026

European Firms Are Deepening Their China Reliance, Not Walking Away From It

European firms are becoming more reliant on China, not less. A survey of EU Chamber members shows 56% are deepening their China manufacturing, while chamber president Jens Eskelund told Berlin's Kiel Institute

July 2, 2026

Business·Economy·News

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Economy- Page 4

US Gasoline Prices Snap 50-Day Slide as Iran Escalation Rattles Energy Markets

Best savings account checklist: 10 factors to evaluate in 2026

Russia Bans Diesel Exports as Ukraine Drones Strike 21 Vessels, Halt Omsk Refinery

Brent Crude Surges Above $80 for First Time Since June, US-Iran Tensions Shake Global Oil Markets

US Economy Added 57,000 Jobs in June as Workers Exit the Labor Force at a 50-Year Low

World Bank Upgrades Sri Lanka, Vietnam, Philippines and Jordan to Upper-Middle Income

IHC and Adani Group Sign $11.5 Billion Aluminium Deal, India’s Largest Metals FDI

Leapmotor and Zeekr Set Back-to-Back Monthly Records in China’s EV Race

US Strategic Oil Reserve at 1983 Low, Quarter Locked Out by Equipment Failures

Brent Crude Falls Back to Pre-War Levels as Hormuz Traffic Slowly Recovers

French Investment in Saudi Arabia Nearly Tripled, With 30 Firms Now Calling Riyadh Home

US Added 57,000 Jobs in June, Less Than Half What Forecasters Expected

European Firms Are Deepening Their China Reliance, Not Walking Away From It

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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