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Oil prices continue to boil as US–Iran ceasefire hangs on ‘life support’
Middle East conflict jitters are pushing oil prices higher, with Brent crude and WTI futures seeing gains. Ceasefire talks with Iran are reportedly "on life support" following Tehran's response to a US proposal, which included broader regional demands. The Strait of Hormuz, a vital oil passage, remains a key flashpoint, with Iran asserting control, raising concerns about global energy supplies.
सोना खरीदी को पीएम मोदी की NO, समझें- 'गोल्ड स्ट्राइक' के पीछे की तीन बड़ी वजह
NO
Major airlines cancel 451 flights in single day - as nearly 2,000 face delays
Airlines have been facing huge disruption and major delays with air travel in Asia seeing 451 flights cancelled in the same day and over 1,800 flights delayed for passengers
Govt dusts off oil refining policy as Hormuz disruptions bite
• Petroleum minister says removing bottlenecks crucial to implementing long-delayed policy; terms local refineries ‘critical national assets’• Officials argue upgrades are in line with IMF’s ‘resilience and sustainability’ objectives, will improve fuel quality besides saving money ISLAMABAD: The oil disruption in the wake of the US-Iran war has compelled the government to dust off its petroleum refining policy, which was passed almost three years ago but could not be enforced due to flawed negot...
Copper Goes Ballistic As A Shortage Meets An Outage
AsiaCopper Goes Ballistic As A Shortage Meets An OutageByTim Treadgold,Contributor.Forbes contributors publish independent expert analyses and insights. Tim Treadgold is an Australian journalist specializing in miningFollow AuthorMay 11, 2026, 10:13pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Copper tubing at a factory in Chongqing, China. (Photo by VCG/VCG via Getty Images)VCG via Getty ImagesCopper is trading at an...
Jim Chalmers says budget to address economic anxieties ‘driving’ Australians to One Nation
Farrer win casts shadow over budget as government signals it’s alive to populist rightwing threat Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastOne Nation has cast a shadow over the federal budget and influenced decisions to reform negative gearing and taxes, with Jim Chalmers admitting many Australians are feeling economic anxieties that are “driving them to consider” rightwing populist parties.The treasurer and Anthony Albanese...
JX Metals Shares Drop Most Since April 2025 on Convertible Bond
Shares of Japanese metals refiner JX Advanced Metals Corp. slid after the company unveiled a plan to issue ¥250 billion ($1.6 billion) of bonds that can be converted into stocks to fund share buybacks.
Fake Trump and Oprah ads fuel a wave of Medicare scams on Facebook, report says
FIRST ON NBC NEWSSecuritySecurityFacebook allows repeat scam artists to send ads to seniors, researchers sayA new report from the Center for Countering Digital Hate finds that 30 of the most active scam accounts on Facebook generated about 215 million impressions in the last year.In scam ads viewed by the researchers, viewers were promised free money via Medicare. Justine Goode / NBC News; Getty ImagesShareAdd NBC News to GoogleMay 11, 2026, 10:00 PM EDTBy David IngramMeta, the parent company of...
Syria restores credit card payments in effort to rejoin the global economy
Syria restores credit card payments in effort to rejoin the global economy.
Franklin Templeton Turns to Fixed Income to Fuel India Growth
Franklin Templeton is betting that Indian investors’ rising interest in fixed income will power the next leg of its growth in the country, where it is regaining ground after a credit crunch six years ago.
An RSS whisper and beauty parlour didis: How BJP swept Bengal with micro campaigns
An RSS whisper and beauty parlour didis How BJP swept Bengal with micro campaigns
DroneShield Plunges as Regulator Probes Filings, Share Trades
DroneShield Ltd.’s stock tumbled to the lowest in about three months after the Australian counter-drone firm said Australia’s financial regulator was reviewing disclosures and share trades from November.
No shortage of petro products, avoid panic but follow PM's save-fuel advice: Rajnath at iGoM meet
Defence Minister Rajnath Singh assured citizens that India is prepared for global supply chain disruptions, with ample petroleum products and robust foreign exchange reserves. He urged fuel conservation to ease the nation's financial burden amid high international crude prices. The government is implementing measures for fuel efficiency and responsible consumption.
Japan’s Reserves Tally Likely Too Early to Reflect Intervention
Japan’s foreign currency reserves at the end of April were largely unchanged from the previous month, likely an indication that currency intervention came too close to the end of the month to be reflected in the data.
Iran war: All relief measures UAE residents, businesses got since March 2026
Dubai: The UAE has introduced a wide-ranging package of financial and administrative relief measures since the outbreak of the Iran conflict in March 2026, as authorities moved to shield businesses and residents from regional economic disruption.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The support measures — announced by the Central Bank, Dubai authorities, regulators and UAE banks — have focused on preserving liquidity, keeping credit flowing through t...
The airlines most prepared for jet fuel shortages: Data reveals the carriers who least likely to cancel flights if oil prices remain high as summer holiday chaos looms
The airlines most prepared for jet fuel shortages: Data reveals the carriers who least likely to cancel flights if oil prices remain high as summer holiday chaos loomsBy JOHN SIDDLE Published: 00:55, 12 May 2026 | Updated: 00:55, 12 May 2026 e-mail View comments
Trump is floating a gas tax holiday. What does that mean?
President Trump and some congressional Republicans are suggesting a potential suspension of the gas tax amid rising fuel costs due to the war with Iran.
Petrobras Misses Profit Estimates Despite War-Driven Oil Rally
MarketsPetrobras Misses Profit Estimates Despite War-Driven Oil RallyFacebookXLinkedInEmailLinkGiftExpandOil storage tanks at the Petroleo Brasileiro SA, Petrobras Paulinia Replan Refinery in Paulinia, São Paulo, Brazil.Photographer: Maira Erlich/BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Peter MillardMay 11, 2026...
Trump wants to suspend gas tax amid high prices due to war with Iran
President Trump told CBS News' Nancy Cordes that he wants to temporarily lift the federal gas tax as prices continue to rise amid the ongoing war with Iran. Mr. Trump also said the latest response from Iran to end the war was "a bad proposal ... done by people that have no clue as to the danger they're in."
Former Swedish PM says India's rising global clout driving stronger Europe ties, Swedish industry eyeing expansion
Rome: India's growing economic and strategic importance is driving deeper engagement with Europe, former Swedish Prime Minister Carl Bildt said, noting that Swedish industries are preparing to expand into India following the India-European Free Trade Agreement (FTA).In a conversation with ANI, Bildt said India's rapid economic growth and emergence as a global manufacturing hub have made it indispensable for companies seeking a major role in the world economy.Engagement at the highest level"I thi...