As US Russia-Ukraine war sanctions continue to increase fuel prices for American citizens, Biden taps strategic oil reserves to relieve Americans of their financial stress.
Category Archive: Economy
American and Western attempts to deplete Russia’s currency reserves and the value of the ruble remain largely unsuccessful, but a recession looms.
Shanghai’s recent surge in COVID-19 cases has induced a full-scale lockdown of its 26 million residents, prompting civil unrest.
NFTs could be on their last legs, but they were never on solid footing to begin with.
Inflation in the US is at an all time high, and the Fed. wants to combat it with an increase in interest rates.
The relationship between the United States and the Kingdom of Saudi Arabia has prospered in recent decades; however, Saudi Arabia may be drifting toward the U.S.’s greatest adversary, which is against the interest of both parties.
After years of historically low inflation, consumer prices in the U.S. went on a steep ascent in the […]
On Tuesday, January 18, 2022, Exxon Mobil, one of the largest publicly traded international oil and gas companies […]
Due to low supply and escalating geopolitical tensions, oil prices have reached their highest since October 2014. Soaring […]
In early January, the Economic Community of West African States (ECOWAS) imposed strict economic sanctions on Mali, following […]