Russian oil export infrastructure has suffered significant disruption after Ukrainian drone attacks damaged a substantial portion of storage capacity at key Baltic Sea ports, according to satellite imagery reviewed by Reuters. Images captured at the end of March and supplied by US spatial intelligence firm Vantor show that at least 40% of storage facilities at
Shares of General Motors fell about 4% on Thursday after the company reported a sharp decline in first-quarter sales, highlighting mounting pressure on the auto industry from high borrowing costs, elevated vehicle prices, and rising fuel costs. The Detroit-based automaker said it sold 626,429 vehicles between January and March, marking a 9.7% decline from a
Battalion Oil (BATL) is pushing aggressively to the upside on April 2nd as oil prices charged higher again after Trump warned the US could hit Iran “extremely hard” in the days ahead. With Iranian and Middle Eastern supply constantly under threat investors are flocking to US-based producers that have recently increased their capacity. Battalion’s recent
Rising grocery prices in the United States, driven by the ongoing Iran conflict, are emerging as a potential political flashpoint ahead of critical midterm elections, with both parties positioning their messaging around affordability and economic impact. The war and the closure of the Strait of Hormuz have disrupted global supply chains, pushing up oil, gasoline,
Britain is hosting talks among 35 countries this week aimed at forming a coalition to reopen the Strait of Hormuz, as European nations reconsider their position following Donald Trump’s threat to wind down the Iran conflict without securing the vital waterway. Prime Minister Keir Starmer said on Wednesday that the meeting of foreign ministers would
US stocks opened higher on Wednesday, extending momentum from the previous session’s sharp rally, as investors grew increasingly hopeful that the conflict between the United States and Iran could be nearing an end. Markets were buoyed by comments from Donald Trump and Secretary of State Marco Rubio, who indicated that the war could soon wind
Intel said it will spend $14.2 billion to buy back the 49% stake it previously sold to Apollo Global Management in its Ireland manufacturing facility, marking a significant step in its turnaround strategy as demand for artificial intelligence infrastructure gathers pace. The transaction will restore full ownership of the Leixlip-based plant to Intel, underscoring its
Airbus share price has moved into a bear market after falling by over 27% from its highest point this year. It dropped to €157 this week, down sharply from the year-to-date high of €220. This article provides what to expect in April when the company publishes its earnings. Airbus share price technical analysis points to
Solana price has remained in a narrow range since February as demand among investors faded. SOL token has remained between the key support and resistance levels at $77 and $96. It remains about 72% below the highest point last year. This article provides the SOL price forecast for April and what to expect. Solana price
Memecoins are trading in the green as Bitcoin recaptures the $68,000 level. Dogecoin, the leading memecoin by market cap, is up by 2% in the last 24 hours, underperforming compared to Bitcoin. DOGE is currently trading around the descending trendline, suggesting that the memecoin could rally higher in the near term. If the bulls push