Rising gas prices may push consumers toward EVs—but whether they switch depends on where they live.
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Fed holds rates, warns inflation still above target as cuts remain cautious
The Federal Reserve’s latest projections show steady economic growth, persistent inflation above 2% and a slower path to interest rate cuts.
Shipping traffic in the Strait of Hormuz plunges to historic lows as oil prices hit a 19-month high
Ship traffic through the Strait of Hormuz is falling sharply as vessels avoid the Gulf following U.S.–Israel strikes on Iran, pushing oil prices to a 19-month high on fears of supply disruptions.
Governments and energy companies move quickly to shield global oil supplies
Governments and energy producers are racing to protect global oil flows as risks rise around the Strait of Hormuz.