There’s no such thing as the petrodollar
War on Iran is changing the currency calculations of Gulf energy exporters. But the dollar’s global role depends on far more than the denomination of a barrel of oil
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America’s energy supremacy is being forged in war
The US stands to benefit as war in Iran reshapes oil and gas flows, but Europe and Asia are wary of becoming too reliant on American supply
Amazon-backed nuclear developer X-energy surges 27% in trading debut
Company taps rising demand for electricity from data centres to power AI boom
US stocks race ahead of Europe as Wall Street shrugs off energy shock
Intel surges above dotcom-era high in latest milestone for tech-powered rebound
Will he stay or will he go? With criminal probe over, Fed Chair Powell faces big decision
The decision could have important ramifications for policymaking at an especially delicate time.
Trading firm Jane Street doubles annual revenues to $40bn
Record haul surpasses investment banks that once dominated Wall Street