Oil sinks below $80 a barrel as traders bet Strait of Hormuz flows will return
Brent crude has tumbled to three-month low following agreement to extend US-Iran ceasefire
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SpaceX makes $60bn AI acquisition as market value challenges Amazon
Elon Musk’s rocket company extends blistering post-IPO rally
EU resists banks’ plea for major overhaul of capital rules
European Banking Authority sets out ‘targeted’ plan to simplify overlapping requirements for lenders
Who will pay for Canada’s proposed west coast pipeline?
The project aims to send up to 1mn barrels a day to Asia and reduce reliance on the US
SpaceX set to leapfrog Amazon to become world’s fifth-largest company
Elon Musk’s rocket company extends blistering post-IPO rally and announces $60bn acquisition