Some oil tanker traffic continues to go through the Suez Canal, while plentiful global reserves keep crude prices steady.
Tag: Oil (Petroleum) and Gasoline
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Will America’s Good News on Inflation Last?
One of the biggest economic surprises of 2023 was how quickly inflation faded. A dig into the details offers hints at whether it will last into 2024.
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From A.I. to inflation, 11 business charts that explain 2023
Inflation, bank failures, strikes, and artificial intelligence provided some of the biggest stories and trends of 2023.
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Red Sea Shipping Halt Is Latest Risk to Global Economy
Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.
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A Cold War Era Dispute Between Venezuela and Guyana Complicates U.S. Relations
Venezuela’s claim to most of Guyana’s territory has been made against leftists and by leftists. It’s been about colonialism, nationalism, Cold War and oil, and it’s complicating U.S. foreign policy.