Economy- Page 6

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

Saudi and French business leaders at Vision Golfe forum in Paris discussing bilateral trade and investment

France-Saudi Trade Tops $12bn as French Companies Triple Investment to $5bn

At the Vision Golfe forum in Paris, Saudi Arabia and France reported $12bn in bilateral trade for 2025, up 7.8 percent, as French private-sector investment in the kingdom tripled to $5.06bn over

July 2, 2026

Business·Economy·News

Job seekers and employers at a hiring fair in the United States, June 2026

US Economy Added 57,000 Jobs in June as Real Wages Fell for a Third Month

American workers lost purchasing power for a third consecutive month in June as the Bureau of Labor Statistics reported 57,000 new jobs alongside a 3.5% wage gain that still lagged 4.2% inflation.

July 2, 2026

Business·Economy·News

German Chancellor Friedrich Merz and coalition partners announce the Programme for Revival and Employment at the Berlin Chancellery garden press conference July 2026

Germany’s Coalition Seals €10 Billion Tax Relief in Biggest Reform Push in Decades

Germany's CDU-SPD coalition unveiled €10bn in annual tax relief Wednesday, alongside pension changes and stricter sick-leave rules, in its most ambitious reform push in decades. The package requires Bundestag and Bundesrat approval

July 2, 2026

Business·Economy·Government and Politics·News

Oil tanker navigates shipping lanes near the Strait of Hormuz during the West Asia conflict that spiked crude prices affecting India's oil firms July 2026

West Asia Crisis Saddled India’s State Oil Firms With ₹74,781 Crore in Fuel Losses

India's oil marketing companies absorbed ₹74,781 crore in fuel losses during the West Asia crisis, minister Hardeep Puri disclosed Thursday. Meanwhile India set a crude import record with Russian oil crossing 50

July 2, 2026

Business·Economy·News

Tankers transiting the Strait of Hormuz near Bandar Abbas Iran as Iranian crude oil exports recover following US sanctions waiver

Iran Has Sold 40 Million Barrels at a 20% Premium Since the MoU. The Clock Runs Out August 21.

Iran exported 40-50 million barrels of crude oil in the first two weeks after the Islamabad MoU, at a 20% premium over blockade-era prices — between $400 million and $750 million in

July 2, 2026

Business·Economy·News

King Abdullah Financial District Riyadh reflecting Saudi Arabia's booming private markets attracting foreign investment

Saudi Arabia’s Private Markets Drew $5.3 Billion From 148 Foreign Investors in 2025

Saudi Arabia's private markets drew $5.3 billion from 148 international investors in 2025, covering nearly 60 percent of all private capital committed to the Kingdom — a fivefold jump in the foreign

July 2, 2026

Business·Economy·News

Long queues at EU Czech border crossing as EES Entry/Exit System creates travel chaos for summer passengers

EU’s Digital Border System Threatens Europe’s $45.4 Billion Summer Tourist Season

Europe's aviation industry sent an emergency letter Thursday demanding the EU suspend its digital border system after five-hour queues stranded passengers and left planes half-full. The WTTC warns 41 million arrivals and

July 2, 2026

Business·Economy·News

Oil tanker in the Persian Gulf region as Hormuz shipping fees fall on Iran peace talk progress July 2026

Brent Crude Falls to Pre-War Levels as Iran Peace Talks Show Positive Progress

Brent fell to $70.82 on Thursday, matching pre-war levels for the first time since February 27, as Qatar confirmed positive progress in US-Iran indirect talks. The market has declared the war over;

July 3, 2026

Business·Economy·News

Indian Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi at Hyderabad House New Delhi during the India-Japan bilateral summit July 2026

Japan and India Seal $12.5 Billion in Investment Deals as Takaichi Visits New Delhi

150 Japanese companies signed memoranda committing $12.5 billion across 120 deals at the Modi-Takaichi summit in New Delhi, the largest single-session commercial investment commitment from Japan to India in recent years. The

July 2, 2026

Business·Economy·News

U.S. Canada and Mexico officials at USMCA renegotiation talks as the United States declined to extend the trade pact

Trump Declines to Renew CUSMA, Starting a 10-Year Clock on North American Trade

Washington let the CUSMA renewal deadline pass on July 1, triggering a 10-year expiry clock on $1.9 trillion in annual North American trade. The U.S. demand for 50 percent American car content

July 2, 2026

Business·Economy·News

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Economy- Page 6

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

France-Saudi Trade Tops $12bn as French Companies Triple Investment to $5bn

US Economy Added 57,000 Jobs in June as Real Wages Fell for a Third Month

West Asia Crisis Saddled India’s State Oil Firms With ₹74,781 Crore in Fuel Losses

Iran Has Sold 40 Million Barrels at a 20% Premium Since the MoU. The Clock Runs Out August 21.

Saudi Arabia’s Private Markets Drew $5.3 Billion From 148 Foreign Investors in 2025

EU’s Digital Border System Threatens Europe’s $45.4 Billion Summer Tourist Season

Brent Crude Falls to Pre-War Levels as Iran Peace Talks Show Positive Progress

Japan and India Seal $12.5 Billion in Investment Deals as Takaichi Visits New Delhi

Trump Declines to Renew CUSMA, Starting a 10-Year Clock on North American Trade

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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