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Saudi Arabia Says Iran-Backed Iraqi Militants Targeted Key Oil Facilities

Riyadh — Saudi Arabia has accused Iran-aligned Iraqi militant groups of launching a drone attack against critical oil infrastructure, escalating tensions across the Gulf...

Ukraine Says It Struck Russian Energy Infrastructure

KYIV, Ukraine — Ukrainian President Volodymyr Zelensky said on Monday that Ukrainian forces had carried out strikes on Russian energy infrastructure in the Rostov,...

Trump Predicts Lower US Inflation by End of 2026 as Falling Oil Prices Could Ease Cost Pressures

US President Donald Trump says he expects inflation to decline by the end of 2026, arguing that oil prices will fall sharply once the conflict with Iran ends. He believes lower energy costs could help reduce inflationary pressure across the US economy despite short-term market volatility.

The EU is ending its duty-free loophole for cheap online shopping from Temu, Shein, AliExpress and similar sites

The European Union is introducing a new €3 customs processing fee on many low-value imports, a move that could make online shopping from overseas significantly more expensive. Here's what the new rule means for consumers and businesses.

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