The dollar’s share of global reserve currencies has been in steady decline over the past 20 years as central banks turn to nontraditional currencies, including…
Ecuador’s state oil company EP Petroecuador declared force majeure on two cargoes of Russian diesel after banks declined to provide financing to pay for them…
Southwest Airlines Co. will shake up years of U.S. airline industry practice by letting customers transfer the value of a canceled ticket to someone else…
Russia’s war on Ukraine is reshuffling Middle East diplomacy and forcing the U.S. to reassess the political costs of reviving the 2015 nuclear accord with…
Russian attacks on some of Ukraine’s key export hubs are damaging commodities infrastructure and mean it could be a long road until shipments fully recover.
The move by some states to soothe the sting of soaring fuel prices by temporarily suspending diesel fuel taxes has some unlikely opponents: truckers, the…