Kinaxis, the Ottawa-based supply chain software firm, reported a more than 120% jump in scenario modeling activity on its Maestro platform from pre-conflict levels during the ongoing Strait of Hormuz …
President Donald Trump on Sunday shared a map renaming New Mexico as 'New America' and later posted an AI-generated video of himself changing a road sign, prompting backlash from Democratic lawmakers …
Chinese Premier Li Qiang pledged to deepen cooperation with Qatar in energy, investment, artificial intelligence and diplomatic efforts to de-escalate Middle East tensions during a meeting in Beijing …
US Vice President JD Vance said President Donald Trump's AI-generated video showing missiles striking Iran's Kharg Island is a warning that Iran will face 'consequences' if it continues threatening co…
President Donald Trump posted an AI-generated video on Truth Social on July 26 depicting the destruction of Iran's Kharg Island oil hub, which handles roughly 90% of the country's crude exports. The p…
The national average for a gallon of regular gasoline is $4.10, potentially making August 2026 the most expensive August on record, as the U.S. Strategic Petroleum Reserve has dropped to its lowest le…
On May 17, 2026, Iran proposed a Bitcoin-denominated platform called 'Hormuz Safe' for ships crossing the Strait of Hormuz, enabling cargo owners to purchase cryptographically-backed insurance instead…
Asian equities traded flat on Monday as investors awaited U.S. sanctions details on Iran and Nvidia's quarterly results, with analysts expecting the chipmaker to report revenue near $92 billion, nearl…
President Trump posted an AI-generated image on Truth Social showing himself seizing an Iranian-flagged tanker in the Strait of Hormuz, captioning it “It’s Our Oil Tanker Now!” amid escalating tension…
Newsweek reported that former President Donald Trump posted an AI-generated image on Truth Social depicting himself seizing an Iranian oil tanker, captioned "It's Our Oil Tanker Now!" The image shows …
US President Donald Trump's war in Iran has caused the crack spread—the difference between crude oil and refined product prices—to explode by about $35 per barrel, according to economist Paul Krugman,…
Oil prices held steady on Tuesday after jumping 5% the previous day, with Brent crude unchanged at $87.72 a barrel and U.S. benchmark crude flat at $82.13, as uncertainty persisted over when the Strai…
AI-linked stocks across Asia cratered on Thursday, with South Korea's KOSPI plunging 4% and Japan's Nikkei falling 1.6%, as Wall Street's overnight losses rekindled fears that massive AI spending may …
President Donald Trump claimed that China is behind community protests against AI data centres in the United States, saying Beijing is spending money to promote resistance because the U.S. is ahead in…
Oil prices fell sharply Tuesday after U.S. Treasury Secretary Scott Bessent said a deal could be reached with Tehran by Wednesday on re-opening the Strait of Hormuz to shipping traffic, boosting stock…
Drones are already causing 80% of casualties in Ukraine and have made conventional military assets obsolete, but current countermeasures still stop 75% of drones. The technology for fully autonomous '…
The United States has granted the United Arab Emirates expanded access to AI chips and servers in recognition of its military support against Iran, the Bureau of Industry and Security announced on Fri…
The United Arab Emirates has gained expanded access from the U.S. to coveted artificial-intelligence chips after aiding America in recent months by carrying out dozens of airstrikes against Iran, inte…
Oil prices jumped early Tuesday as fighting intensified in the Middle East, with Brent crude climbing to just over $84 a barrel after soaring nearly 10% on Monday, while Asian shares declined led by l…
US forces used armed sea drones in combat for the first time, striking a submarine and ship maintenance facility at Iran's Bandar Abbas naval base on Sunday, the Pentagon said. US Central Command said…