The Russian government plans to order local airlines to pay for leased aircraft in rubles and bar them from returning planes to foreign companies if the...
A senior Emirati diplomat said Wednesday that the UAE was in favor of production increases, adding that his country would encourage OPEC to do the same....
Sri Lanka on Wednesday tightened restrictions on a wide range of imports from whisky to kitchen appliances as a foreign exchange shortage pushed the economy to...
Iranian gas export revenues surged by more than 250 percent in the year to March, while earnings from petrochemical exports doubled, Oil Minister Javad Owji said,...
A global food crisis sparked by Russia’s invasion of Ukraine escalated on Wednesday as Indonesia curbs on palm oil exports, adding to a growing list of...
The International Monetary Fund (IMF) has approved $1.4 billion in emergency support for Ukraine to finance expenditures and shore up the balance of payments, Central Bank...
The Turkish lira declined for a seventh straight day on Wednesday, bringing its losses to more than 5 percent since Russia launched its attack on Ukraine,...
Bitcoin, the world’s largest cryptocurrency, rose above $42,000 amid a sharp rally in digital tokens on Wednesday as the industry awaits further detail on a US...
Add Amazon.com Inc. to the list of companies that have been outmaneuvered by Mukesh Ambani’s juggernaut. Not only has he jolted the US giant in the...
The spike in energy prices caused by Russia’s war in Ukraine will produce effects comparable to the 1973 oil shock, French Economy Minister Bruno Le Maire...
