Tuesday, May 26, 2026
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OPEC+ hikes oil production quotas but stays mum on UAE pull-out
Vienna (AFP) - Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an...
US airlines step up as Spirit winds down
Washington (United States) (AFP) - US air carriers on Saturday mobilized to help passengers and crew members stranded by the...
S&P 500, Nasdaq end at fresh records on tech earnings strength
New York (AFP) - The Nasdaq and S&P 500 soared to fresh records Friday, cheering mostly strong earnings from tech...
ExxonMobil CEO sees chance of higher oil prices as earnings dip
New York (AFP) - US oil giants reported lower earnings Friday with accounting effects muting the benefits of the Middle...
Trump says will raise US tariffs on EU cars to 25%
Washington (United States) (AFP) - President Donald Trump said Friday that he will hike US tariffs on cars and trucks...
Gulf countries’ plans to bypass Hormuz still far off, experts warn
Dubai (AFP) - The war in the Middle East has forced the Gulf monarchies to rethink their oil and trade...
Oil steady after wild swing, stocks diverge in thin trading
London (AFP) - Oil prices steadied and stocks diverged Friday in thin holiday trading, as investors awaited the next move...
Iran activates air defences as Trump faces congressional deadline
Tehran (AFP) - Tehran's air defences were activated to counter small aircraft and drones late Thursday, as the White House...
Iran war redraws sea routes with Africa as the pivot
Paris (France) (AFP) - The closure of the Strait of Hormuz as well as tensions in the Red Sea are...
Trump says lifting Scottish whisky tariffs to ‘honor’ King Charles
Washington (United States) (AFP) - US President Donald Trump said Thursday he was removing tariffs on Scottish whisky in honor...
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