Oil prices jump as US, Iran trade fire in Strait of Hormuz
Brent crude rises amid clashes in critical waterway.
Brent crude rises amid clashes in critical waterway.
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Senate panel approves Trump’s nominee Kevin Warsh to replace Jerome Powell as US Fed chair on party-line vote.
In his lawsuit, Musk said OpenAI cofounder and president betrayed him and public by turning into profit-seeking firm.
With the two sides locked in a standoff, oil prices have continued to soar.
Brent crude rises 3 percent despite Iran’s offer to reopen waterway in exchange for deferral of nuclear talks.
The trial’s outcome could sway the balance of power in AI, and jury selection starts on Monday.
The prime minister says the federal government will put up money alongside private investors to fund major projects.
Move is part of a broader US push to curb politically sensitive fuel price spikes before November’s midterm elections.
The announcement on Friday is expected to clear the path for the confirmation of his successor, Kevin Warsh.
Boeing sees reduced first-quarter loss as defence earnings rise amid $2.3bn US Pentagon contract.
Attention now turns to regulatory authorities, with both Washington and London expected to examine the merger’s impact.
