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The global oil crisis is even worse than it looks - Vox
The war in Iran has sent oil and gas prices soaring. But markets are still too optimistic, according to one leading expert on Iran and energy.
Iran war cost will be passed to consumers, shipping giant boss tells BBC - BBC
Maersk chief executive Vincent Clerc has called on the US, Israel and Iran to reach “some kind of deal”.
Rheinmetall sees sales growth of up to 45% in 2026, says it's in 'prime position' to arm the U.S. amid war in Iran - CNBC
Arms maker Rheinmetall reported full-year sales that grew 29% year-over-year and said revenue would grow by even more this year.
Trump Says US to Get New Oil Refinery With Reliance Backing - Bloomberg
President Donald Trump said the US will get its first new oil refinery in 50 years with the help of investment from India’s Reliance Industries Ltd.
Facebook owner Meta buys 'social media network for AI' Moltbook - BBC
The forum-style app has sparked interest by showing how AI bots interact without human involvement.
JPMorgan marking down loan portfolios of private credit groups - Financial Times
Devaluation of collateral will limit credit to firms that have become top lenders to higher-risk companies