IEA Chief: Current Oil and Gas Crisis Worse Than 1973, 1979, 2002 Together April 7, 2026 The current oil and gas crisis triggered by the blockade of the Strait of Hormuz is “more serious than the...
‘A Whole Civilization Will Die Tonight,’ Says Trump, as Iran Defies Looming Deadline April 7, 2026 By Parisa Hafezi and Trevor Hunnicutt U.S. President Donald Trump threatened that “a whole civilization will die tonight” as Iran showed no sign of accepting his...
US, Iran Study Ceasefire Plan as Deadline Nears on Trump’s ‘Hell’ Threat April 6, 2026 The United States and Iran on Monday were weighing the framework of a plan to end their five‑week-old conflict, even...
US Doubles Hormuz Reinsurance Guarantees to $40 Billion With New Partners April 6, 2026 By Joe Deaux The US is doubling, to $40 billion, its commitment to provide reinsurance guarantees to ships willing to travel through the...
Private Credit Sector Stresses Could Be Catastrophic, but Not Just Yet April 6, 2026 By Vidya Ranganathan Some investors think private credit is a tempest in a teapot. Others think it is about to spark a new...
Trump Risks Confidence in US Role as Guardian of Global Shipping April 6, 2026 By Gerry Doyle, Peter Martin and Weilun Soon Of all the things Donald Trump has done to disrupt global commerce, from levying punitive tariffs to tearing up trade...
Reinsurance Rates Continued Softening During April Renewals, Despite Iran War April 2, 2026 By L.S. Howard Reinsurance rates continued to soften during the April 1 renewals despite the unstable geopolitical landscape and uncertain economic outlook, according...
Stolen Renoir, Cézanne and Matisse Were Probably Uninsured, Market Sources Say April 2, 2026 By Jemima Denham and George Abbott Three paintings by French masters Pierre-Auguste Renoir, Paul Cézanne and Henri Matisse stolen from a museum in northern Italy last...
UK Motor Finance Scandal to Cost Lenders $12 Billion April 2, 2026 By Kirstin Ridley and Phoebe Seers The motor finance industry must pay around 9.1 billion pounds ($12 billion) to compensate UK motorists for unfair vehicle loans...
Secret Codes and Yuan Fees Get Ships Through Iran’s Hormuz Tollbooth April 2, 2026 By Salma El Wardany, Alex Longley, Weilun Soon and Serene Cheong In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks...