Governments and energy companies move quickly to shield global oil supplies

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.

IMF downgrades U.S. outlook amid tariff uncertainty

IMF downgrades U.S. outlook amid tariff uncertainty

IMF issued its steepest downgrade for the U.S. among advanced economies, citing rising tariff-related uncertainty and a heightened risk of recession. Global economic sentiment has dimmed, with the IMF now projecting a 37% chance of a U.S. downturn—up sharply from 25% just months ago.