A truck carrying construction materials at the new QTS Eagle Mountain data center under construction in Eagle Mountain, Utah, US, on Tuesday, Jan. 27, 2026. QTS Realty Trust Inc. is an owner, developer, and operator of carrier-neutral and multi-tenant data centers. Bloomberg | Bloomberg | Getty Images As America has an intense national debate about…
The price of diesel fuel hit a record Friday as the wars in Ukraine and Iran knock out refineries, triggering a global supply crunch. Truckers in the U.S. are paying an average of $5.85 a gallon nationwide, a nearly 60% increase over the same period last year when diesel cost $3.71 a gallon. In California,…
U.S. Treasury Secretary Scott Bessent speaks during a press conference at the Cash Room of the Treasury Department in Washington, as he announces a new set of sanctions against Iran, Aug. 24, 2026. Mehmet Eser | Anadolu | Getty Images The Treasury Department on Friday announced sanctions against a small Turkish investment bank and two…
U.S. Treasury Secretary Scott Bessent speaks during a “fireside chat”, as finance ministers and central bank governors from G20 countries meet in Asheville, North Carolina, U.S., September 1, 2026. Sam Wolfe | Reuters The European Union has formally joined the U.S.-led sanctions campaign against Iran, while South Korea said it’s weighing a military role to…
U.S. President Donald Trump (C) speaks during a meeting with U.S. travel executives in the Oval Office of the White House on Sept. 2, 2026 in Washington, DC. Kevin Dietsch | Getty Images Kuwait’s army on Thursday said it was confronting hostile missile and drone attacks from Iran, a day after President Donald Trump said…
U.S. President Donald Trump attends a healthcare affordability event in the Oval Office at the White House on Aug. 31, 2026 in Washington, DC. Kevin Dietsch | Getty Images President Donald Trump on Wednesday floated renaming the Strait of Hormuz — the central point of contention in the ongoing war against Iran that the U.S….
Oil prices rose Wednesday after the U.S. and Iran traded military strikes, ending weeks of relative calm in the Middle East, as they contest control of the Strait of Hormuz. Brent crude futures, the international benchmark, were up 1% to $95.57 per barrel. U.S. West Texas Intermediate traded nearly 1% higher at $90.88 per barrel. The U.S….
More than 17 million barrels of oil transited the Strait of Hormuz by ship on Monday, a record since the Iran war began in late February, U.S. Energy Secretary Chris Wright told CNBC in an interview Wednesday. Oil exports from the region on Monday were higher than pre-war levels when Saudi Arabia’s and the United…
Iranian-made Zolfaghar missiles are displayed at Azadi Square in Tehran on August 2, 2026. Atta Kenare | Afp | Getty Images U.S. forces completed another wave of strikes against Iran late Tuesday stateside, hitting multiple sites across the country, in a renewed exchange of fire between the warring parties after a nearly month-long hiatus. In…
The U.S. military launched new strikes against Iranian targets around the Strait of Hormuz on Tuesday, U.S. Central Command said in a social media post, after a pair of oil tankers came under attack in the critical shipping route. The strikes come after President Donald Trump had reportedly been considering a CENTCOM plan for limited…
