Trump administration directs Sable Offshore to restore Santa Ynez oil unit
The Trump administration on Friday directed Sable Offshore to restore oil drilling operations off the southern California coast, the U.S. Energy Department said.
Iran threatens to retaliate against neighbors; Trump urges countries to assist in securing Strait of Hormuz
President Trump said in a Truth Social post that he directed U.S. Central Command to execute a bombing raid that “obliterated” military targets on Kharg Island.
Elon Musk says xAI must be ‘rebuilt’ as co-founder exodus continues, SpaceX IPO awaits
With xAI now in the hands of SpaceX, Elon Musk says he’s rebuilding the artificial intelligence company following high-level departures.
Elon Musk says xAI must be ‘rebuilt’ as co-founder exodus continues, SpaceX IPO awaits
With xAI now in the hands of SpaceX, Elon Musk says he’s rebuilding the artificial intelligence company following high-level departures.
The stock market is getting very close to a point that would trigger a policy response, BofA’s Hartnett says
With oil soaring and the Iran war threatening global stability, Hartnett said it probably won’t take much more before someone steps in.
Iran war oil shock stokes fears of 1970s-style stagflation — why this time could be different
Some investors are drawing comparisons with the 1970s to interpret where markets are headed in 2026, but there are several key differences to note this time around.
Cuba’s president confirms talks with U.S. — but warns an agreement will take time
It comes at a time when the Caribbean island is grappling with a worsening economic crisis.
Iran’s ‘oil lifeline’ has been left untouched in the conflict. What happens if it’s seized?
Analysts say any attempt to attack or seize Iran’s strategic oil hub is likely to be fraught with risk.
Pete Hegseth on Strait of Hormuz: ‘Don’t need to worry about it’
The Strait of Hormuz, the world’s most critical chokepoint for oil shipments, has been effectively closed since the U.S. and Israel began the war on Iran.
The Tech Download: Chip supply chains and data center risks — the tech sector’s Iran problem
Uncertainty hits global chip supply chains and Middle East-based AI projects.
