Rebecca Feng

Audio recordings capture months of warnings, confusion and attacks in blockade on Iranian oil exports

Worries around the AI trade sparked a selloff in Asian semiconductor shares overnight, and are now putting pressure on some of the largest U.S. chip stocks premarket. Micron shares are down more than 2% Nvidia, Marvell and Sandisk shares also declined Driving the moves: The president of CXMT,

The two major banks that just reported third-quarter earnings both saw their shares drop ahead of the bell . Shares of JPMorgan Chase, which reported an 8% rise in revenue but missed analysts' expectations, dropped about 3.5% premarket. Wells Fargo’s stock edged down; the bank said prof

A supply shortage in the fuel that underpins the global economy is set to extend well into 2027, according to the International Energy Agency. Diesel, the fuel that powers physical logistics, global trade and industrial production, has been in tight supply in recent months. The resulting surge in d

Tehran has repeatedly ramped up attacks over the course of the war to try to disrupt the U.S. operation.

Two Emirati cargo ships have sunk in the past 24 hours after being struck in the Strait of Hormuz, an escalation with little precedent as Iran ramps up attacks to levels not seen since the war started.

Yaoyao Liu, a star oil trader who found himself deep in the hole on a bet made at the start of the Iran war, is set to leave commodities giant Vitol, people familiar with the matter said.

Borrowing costs in France are surging again after hundreds of thousands of people took to the streets over the weekend to protest rising living costs. Yields of 10-year French government bonds jumped as much as 10 basis points, once again rising towards 5%, which would be their highest level in m

Persian Gulf oil exports have surpassed prewar levels, as an improvised shipping system under U.S. protection is helping tankers move oil through one of Iran's fiercest waves of attacks in the Strait of Hormuz.

Experience and big paydays have created a more resilient tanker fleet. Oil traders worry it isn’t sustainable.