HONG KONG/GDANSK, March 12 (Reuters) - As a sharp rise in oil prices rattles global transport markets, airlines face an additional threat: the price of jet fuel has risen far faster than crude prices.

As competition among AI startups heats up, founders and VCs are turning to novel valuation mechanisms to manufacture a perception of market dominance. Until recently, the most sought-after companies ...

HONG KONG — The fallout from the U.S.-Israeli war with Iran and the effective closure of the Strait of Hormuz is being felt sharply in Asia, with authorities from New Delhi to Manila implementing ...

Vietnam moved to cushion consumers from a sharp jump in fuel costs as the Middle East conflict stoked growing concerns over global energy supplies. The government began disbursing money from its fuel ...

Pakistan announced a range of measures to curb government spending and steps to save fuel as the conflict in the Middle East disrupts energy supplies, threatening economic stability in the South Asian ...

The new battleground in the Gulf isn’t just on the water — it’s in the insurance market, where war-risk coverage can determine which oil tankers sail and which stay put. With the conflict driving ...

March 11 : Oil prices rebounded on Wednesday as markets doubted whether the International Energy Agency's reported plan for a record release of oil reserves could offset potential supply shocks from ...

America sits on billions of barrels of clean, cheap oil, yet imports foreign crude at massive cost — and the SRT explains exactly why. In the 1970s, Henry Kissinger created the petro-dollar system, ...

The Trump administration said Wednesday the U.S. will release 172 million barrels of crude oil from the Strategic Petroleum Reserve, its boldest attempt yet to bring down oil prices that have spiked ...

Popeyes closure ticks up after largest franchise files for bankruptcy Dolly Parton gives health update at Dollywood after postponing Las Vegas residency shows Utah jury finds Kouri Richins guilty on ...

March 2 : Apple on Monday launched iPhone 17e, its more affordable smartphone model that starts at a price of $599 with 256 gigabytes of storage, as it looks to defend its share in a fiercely ...

You value independent local news, so become a sustainer today to power our newsroom. Three years ago, California built a first-in-the-nation system aimed at protecting drivers when oil markets turn ...