Economy- Page 5

Vessels anchored in the Strait of Hormuz off Bandar Abbas in southern Iran as oil prices today push Brent crude above $91 a barrel

Oil Prices Today, August 18, 2026: Brent Above $91 as Trump Rules Out an Extension

Oil prices today, August 18, 2026: Brent crude is above $91 a barrel, rising for a third consecutive session after Donald Trump ruled out extending the interim deal with Iran and threatened

August 18, 2026

by Economy Desk

Germany gas storage facilities at below-average capacity in August 2026 as EU braces for winter energy crisis

Germany Gas Storage at 49.68% Entering Autumn as EU Braces for Worst Winter Since 2022 Crisis

Germany's gas storage stands at 49.68 percent of capacity as of August 17, placing Europe's largest economy 17 percentage points below historical norms with winter approaching and European gas futures trading 41 percent above last year's levels.

August 18, 2026

by Amanda Graham

Proposed Iraq-Syria oil pipeline route bypassing the Strait of Hormuz to the Mediterranean port of Banias

Iraq-Syria Oil Pipeline to Bypass Hormuz Faces $15 Billion Cost, Four-Year Wait

The United States Treasury Secretary Scott Bessent claimed that more than half of Hormuz oil exports

Golden Nugget Atlantic City casino resort interior showing gaming floor upgrades

Atlantic City Casino Revenue July 2026: Internet Gaming Record Fuels Second-Best Month in a Decade

Atlantic City's nine casino hotels generated $678.1 million in total gaming revenue in July 2026, second-highest

How Life Insurance Needs Change When You Move From Earning to Owning Assets

Life insurance is often bought during the earning years, when the need is easy to see. A person has a salary, a family depends on that salary, and the policy is meant

August 4, 2026

Business·Economy·Features

Hungary extreme heat losses $157 million Paks nuclear plant Danube low water levels

Hungary’s Losses From Extreme Heat Could Reach $157 Million, Prime Minister Says

Hungary's Paks nuclear power plant has been forced to reduce and nearly halt operations after an extreme heat wave drove the Danube's water level dangerously low, with Prime Minister Peter Magyar estimating

August 3, 2026

Business·Economy·News

Japan 10000 yen banknotes reflecting joint US-Japan currency market intervention July 31 2026

Japan Confirms Joint Yen Intervention With US Treasury, First Coordinated Action Since 2011

Finance Minister Satsuki Katayama confirmed Japan's July 31 yen intervention was coordinated with the US Treasury, the first joint action since 2011. The yen moved to 155 per dollar; JGB yields rose

August 3, 2026

Business·Economy·Markets·News

Russia OPEC plus oil production September 9.95 million barrels pipeline

Russia Permitted to Raise Oil Output to 9.95 Million Bpd in September Under OPEC+

Seven OPEC+ members with voluntary output restrictions agreed Sunday to raise combined production by 188,000 barrels per day in September, with Russia's individual ceiling rising by 62,000 bpd to 9.949 million barrels

August 3, 2026

Business·Economy·News

The Amur Gas Processing Plant in Russia as European LNG imports fall to their lowest level since 2024

Europe’s LNG Imports in July Fall to Lowest Since 2024, Data Shows

European LNG imports fell 26 percent in July to 8.4 billion cubic meters, the lowest monthly total since September 2024, as Asian buyers outbid European buyers for spot cargoes and the EU

August 2, 2026

Business·Economy·News

OPEC+ Raises September Oil Output for Sixth Month Running, Adding 188,000 bpd

OPEC+'s seven core producers agreed Saturday to raise September oil output by 188,000 barrels per day, the sixth consecutive monthly increase in a rollback of the voluntary cuts they imposed in 2023.

August 2, 2026

Business·Economy·Markets·News

Aeon Mall Kumamoto which was damaged by an explosion following an earthquake on July 30 in Kashima, Japan.

Japan Earthquake Rescue Ends With 34 Dead as Toyota, Nissan Halt Production

A magnitude 7.1 earthquake struck Kumamoto Prefecture on July 30, killing 34 people and triggering a five-day rescue at the Aeon Mall in Kashima that ended Saturday with five survivors and seven

August 2, 2026

Business·Economy·News

Gordie Howe International Bridge connecting Windsor Ontario and Detroit Michigan

New Gordie Howe Bridge: Stellantis Carrier Bans Drivers With Discipline Threat

A Stellantis vehicle carrier warned its drivers to stay off the new Gordie Howe International Bridge, threatening discipline, four days after the span opened. The directive crystallizes how Trump's 50% tariffs have

August 2, 2026

Business·Economy·News

US Treasury Secretary Scott Bessent whose handwritten note confirmed the United States directly purchased Japanese yen in coordinated intervention with Japan

US Buys Yen for First Time in 15 Years After Bessent Orders $5-10 Billion

Treasury Secretary Scott Bessent's handwritten note ordering '$5-10 billion worth of Japanese yen,' photographed by Reuters, confirmed that Washington directly entered Japan's currency market. The United States has not purchased yen in

August 2, 2026

Business·Economy·Markets·News

CPC pipeline terminal at Novorossiysk oil loading facility on the Black Sea

Kazakhstan Rules Out Complete CPC Shutdown as Pipeline Halts After Drone Disruption

Kazakhstan's energy ministry ruled out a complete CPC pipeline shutdown Saturday after drone strikes halted Novorossiysk terminal operations Friday. Tengizchevroil resumed exports via Georgia's Batumi port as Chevron and US officials discussed

August 2, 2026

Business·Economy·News

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Economy- Page 5

Oil Prices Today, August 18, 2026: Brent Above $91 as Trump Rules Out an Extension

Germany Gas Storage at 49.68% Entering Autumn as EU Braces for Worst Winter Since 2022 Crisis

Iraq-Syria Oil Pipeline to Bypass Hormuz Faces $15 Billion Cost, Four-Year Wait

Atlantic City Casino Revenue July 2026: Internet Gaming Record Fuels Second-Best Month in a Decade

How Life Insurance Needs Change When You Move From Earning to Owning Assets

Hungary’s Losses From Extreme Heat Could Reach $157 Million, Prime Minister Says

Japan Confirms Joint Yen Intervention With US Treasury, First Coordinated Action Since 2011

Russia Permitted to Raise Oil Output to 9.95 Million Bpd in September Under OPEC+

Europe’s LNG Imports in July Fall to Lowest Since 2024, Data Shows

OPEC+ Raises September Oil Output for Sixth Month Running, Adding 188,000 bpd

Japan Earthquake Rescue Ends With 34 Dead as Toyota, Nissan Halt Production

New Gordie Howe Bridge: Stellantis Carrier Bans Drivers With Discipline Threat

US Buys Yen for First Time in 15 Years After Bessent Orders $5-10 Billion

Kazakhstan Rules Out Complete CPC Shutdown as Pipeline Halts After Drone Disruption

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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