Oil prices slide 7% to three week low after Trump calls off planned strike on Iran

NEW YORK, Aug 3 – Global oil markets suffered a sharp decline on Monday, after U.S. President Donald Trump decided not to proceed with a planned military strike against Iran, signaling that diplomacy remained a possibility despite days of escalating rhetoric. The decision eased fears of an immediate disruption to crude supplies from the Middle … Read more

Its AI agent spent days hacking a company, but sources say OpenAI did not notice for a week

WASHINGTON/SAN FRANCISCO, July 24 – The rapid advancement of artificial intelligence has fueled excitement about autonomous systems capable of carrying out complex tasks with minimal human supervision. At the same time, those same capabilities have intensified concerns about what could happen if advanced AI systems behave in unexpected ways. Those concerns moved from theoretical debate … Read more

US launches fresh strikes on Iran after ship attack, Tehran fires missiles at Gulf states

BAHRAIN, July 12 – A sharp escalation in the conflict between the United States and Iran unfolded early Sunday after Washington carried out a new wave of military strikes across Iranian territory, saying the operation was a response to an Iranian attack on a commercial cargo vessel in the Strait of Hormuz. Tehran answered within … Read more

President Donald Trump unveils the new Air Force One, a converted Qatari jet

WASHINGTON, June 19 – President Donald Trump unveiled a newly upgraded Boeing 747 at Joint Base Andrews in Maryland on Friday, presenting the aircraft that is expected to become part of the Air Force One fleet in the near future. The aircraft, originally gifted by Qatar, has undergone extensive modifications and now features a distinctive … Read more

Iran will reopen the Strait of Hormuz and can sell oil freely under deal with the US, officials say

DUBAI, June 17 – A proposed agreement between Iran and the United States could mark a significant turning point in the Middle East, offering a pathway to end months of conflict while opening the door for renewed diplomatic engagement over Tehran’s nuclear program. According to details that emerged from leaked versions of an interim accord … Read more

Global airlines slash 2026 profit forecast on fuel shock from Iran war

June 7 – The global airline industry is facing renewed pressure after a sharp revision in earnings expectations for 2026, as escalating conflict in the Middle East pushes fuel costs higher and disrupts major flight routes. Industry leaders warn that despite strong passenger demand and rising revenues, airlines are increasingly vulnerable to geopolitical shocks that … Read more

Airline miles may not go as far as the Iran war drives up fuel costs and summer fares

NEW YORK, May 23 – Travelers planning to use airline miles, reward points, or loyalty benefits for summer vacations may discover that their rewards do not stretch as far as they once did. Rising fuel expenses linked to tensions in the Middle East have added new pressure on airlines, contributing to higher ticket prices and increased … Read more

China’s Xi hails trade progress in Trump summit, sends Taiwan warning

BEIJING, May 14 – Chinese President Xi Jinping and U.S. President Donald Trump opened a closely watched summit in Beijing on Thursday with both leaders signaling cautious optimism on trade, while deep divisions over Taiwan and global security continued to cast a shadow over relations between the world’s two largest economies. The meeting marks Trump’s … Read more

US consumer prices jump as Iran war sends energy prices rapidly higher

WASHINGTON, May 12 – New inflation data released in May showed that American consumers faced another difficult month in April as energy prices climbed rapidly during the Iran conflict. Rising gasoline prices, increasing grocery bills, and mounting pressure on household budgets are now creating fresh concerns about the strength of the U.S. economy and the … Read more

Trump heads to China seeking trade relief and Iran support amid rising global pressure

BEIJING/WASHINGTON, May 11 – As President Donald Trump prepares for a high stakes visit to Beijing on May 14 and 15, the White House is entering negotiations with a far narrower agenda than many officials once envisioned. What was previously framed as a campaign to economically overpower China through aggressive tariffs has evolved into a … Read more