America Depends Less on Oil Than Ever
Gasoline still drives household budgets, but energy efficiency and renewables have reduced the economy’s overall reliance on petroleum. Source link
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Strait‑up chokehold of Hormuz: How Iran turned Middle East war into a global oil supply shock
Before the US and Israel even launched strikes, Iran had a plan ready, and it didn’t solely rest on conventional firepower. The country has been quietly preparing to turn the Strait of Hormuz, a vital artery for the world’s oil supply, into a strategic lever, according to sources cited by Reuters. Any disruption to the…
When Changing Your Address Leads to Losing Your Medicare Coverage
Using a post office box shouldn’t cost you your health insurance. But in one woman’s case, it sure seemed to. Source link
Middle East turmoil: After IndiGo and Air India, now Akasa Air to levy fuel surcharge – check details
Akasa Air on Saturday announced that it will introduce a fuel surcharge ranging from Rs 199 to Rs 1,300 on domestic and international flight tickets booked from March 15, citing a sharp rise in aviation turbine fuel (ATF) prices amid escalating geopolitical tensions in the Middle East.In a post on X, the airline said the…
Justice Dept. Legal Threat Complicates Trump’s Pick for Fed Chair
An investigation of the Federal Reserve was thwarted on Friday, but a department appeal could reimpose an obstacle in Kevin Warsh’s path. Source link
LPG relief: Two Indian vessels cross Strait of Hormuz safely with 92,700 tonne cargo, set to dock March 16 & 17
In a boost to domestic energy supplies amid disruptions in West Asia, two Indian-flagged LPG carriers safely crossed the conflict-hit Strait of Hormuz early Saturday and are now on course for ports in Gujarat. LPG carriers Shivalik and Nanda Devi are heading to Mundra and Kandla, respectively, Rajesh Kumar Sinha, Special Secretary in the Ministry…
California’s Billionaire Tax Battle
Wealthy residents of the state have put millions of dollars toward stopping a proposed 5 percent tax on their assets. Source link
Foreign portfolio investors sales up to March 13 touches $5.9bn
Mumbai: Net FPI selling on Indian exchanges reached around Rs 54,455 crore ($5.9 bn) by 13 Mar 2026 as global risk sentiment turned negative after a brief recovery in foreign flows earlier in the year.The earlier improvement in flows followed the India–US tariff deal, which reduced tariffs on Indian exports to the US and improved…
How Jeff Bezos Upended The Washington Post
The billionaire newspaper owner, dissatisfied by years of losses, wants the newsroom to double productivity with half its budget. Source link
Why is gold prices falling despite US-Iran war tensions and oil above $100? Here’s what experts say
Gold prices have slipped in recent sessions even as geopolitical tensions escalated in West Asia, surprising investors who typically view the precious metal as a safe-haven during periods of uncertainty.It has been 14 days of intense military exchanges involving the United States, Israel and Iran. Over this period, benchmark indices Nifty and Sensex have declined…