Business Update

As China and other major suppliers of refined oil in the region restrict exports, import-dependent countries are desperate to secure fuel supplies. Source link

One of the few paths left between the two continents threads through Azerbaijan, Georgia and Turkey, as global conflicts complicate aviation logistics. Source link

Oil prices had been gyrating this week, after a new round of attacks on major energy facilities in Iran and Qatar raised concerns about energy supplies. Source link

Across both of his terms, President Trump has granted clemency to more than 70 allies, donors and others convicted in fraud cases. Source link

The deal provides cash to Rivian and is part of Uber’s attempts to stay relevant in a driverless future. Source link

The $6.2 billion deal with Tegna consolidates 265 stations in 44 states and Washington, D.C. Source link

Rising energy costs and concerns about inflation have helped lift borrowing costs for a home mortgage for the third consecutive week. Source link

Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices. Source link

Boston Scientific announced multiple recalls but has said its battery issues were limited. One internal test in 2025 found batteries with an “extremely high failure rate.” Source link

Two prominent lawmakers wrote to the White House and Mr. Kushner after The New York Times revealed private fund-raising efforts by President Trump’s envoy in the region. Source link