Europe Faces a Major Jet-Fuel Shortage Heading Into Winter
Europe may face a jet-fuel deficit of roughly 510,000 barrels per day in the fourth quarter as Middle Eastern disruptions push regional inventories to a seven-year low.
U.S. and China Begin Talks on Trade, AI and Critical Minerals
Senior American and Chinese officials are meeting in New York before a presidential summit, but no agreement has yet been announced.
New Russia Sanctions Law Gives Trump Power to Impose Tariffs Up to 100%
A new law targeting buyers of Russian energy gives the president broad tariff and waiver powers, with possible consequences for trade and consumer prices.
Trump Extends Proposed $100,000 H-1B Visa Fee, but Court Block Remains
The executive order has been extended for another year, but a federal judge has blocked collection of the proposed fee while the case is appealed.
Germany Approves Temporary Fuel-Tax Cut as Energy Costs Rise
Germany will temporarily reduce gasoline and diesel taxes beginning October 1 as households and businesses face sharply higher fuel prices.
U.S. Pushes Faster Uranium-Enrichment Expansion as Electricity Demand Grows
Federal energy officials want suppliers to accelerate uranium-enrichment capacity as nuclear projects expand and Russian import waivers approach expiration.
Record Diesel Prices Put Farmers and Grocery Bills Under Pressure
Record diesel prices are doubling fuel costs for some farmers and increasing pressure throughout the food supply chain.
Apple Retail Workers Strike in Italy During iPhone 18 Pro Launch
More than 1,600 Italian Apple retail employees were covered by a strike over staffing, contracts and working conditions during the iPhone 18 Pro launch.
Kauai Businesses Ask Visitors to Return After Hurricane Lowell
Kauai officials say the island is open to visitors, while small businesses struggle with cancellations and uneven recovery after Hurricane Lowell.
Bank of Japan Raises Interest Rate to Highest Level in 31 Years
The Bank of Japan raised its benchmark rate to 1.25% in a closely watched decision, marking its highest level in 31 years.