Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...

If oil prices are any measure, Iran just flinched. The price of oil tumbled Monday on a bet that Iran's decision to bomb U.S.

A 10% to 20% U.S. market correction could result if the waterway closed—but the move would hurt Iran more than its trade ...

By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent ...

Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for ...

Bangladesh must raise competitiveness, productivity to drive economic diversification, stronger growth, says Zaidi Sattar ...

Japan's core inflation hit a more than two-year high in May, exceeding the central bank's 2% target for well over three years ...

Japan’s key consumer inflation measure accelerated to a fresh two-year high as Prime Minister Shigeru Ishiba gears up for a ...

British inflation cooled in May as expected by the Bank of England, which is set to keep interest rates on hold this week ...

While South Korea’s inflation has stabilized near the central bank’s 2% target, US tariffs and the Israel-Iran conflict are ...

Here is a recap of today's inflation report: YoY: 2.4% increase, lower than the 2.6% increase expected by economists MoM: 0.1% decrease, less than the 0.1% increase expected Core YoY: 2.8% ...

Israel’s attack on Iran has catapulted their long-running conflict into what could become a wider, more dangerous regional ...