Finance news

Drone war: Oil facilities in Russia under attack again

Russia's oil industry is not calming down. In its defense against Moscow's invasion, Ukraine is relying on drone attacks against strategic targets in the hinterland - and Russia's air defense is powerless.

ETF’s VS. individual stocks

Buy VOO and touch grass yes! Totally get it…… DCA is a great investment strategy, but does it really outperform choosing the right stocks year after year? How do I balance my long term and my short term stock picking? At this point, put majority of my money into index’s and choose a couple stocks on the side? Need advice on my portfolio…. Am I gambling still? submitted by /u/EquityEnigma [link] [comments]

Hormuz Tanker Traffic Grinds to a Halt After U.S.-Iran Escalation

What was a flood of oil and gas leaving the Strait of Hormuz two weeks ago has now ground to a halt as the United States and Iran began firing missiles again and President Trump declared the ceasefire over, calling the Iranian leadership “scum”, “liars”, and “cheats”. Bloomberg reports that, earlier today, there was only one tanker moving along the waterway, and it was a sanctioned very large crude carrier that passed along the Iran-controlled route along with an Iranian container ship. Meanwhil

Income tax should be abolished.

I think it is a fundamental flaw in our tax system that people already have to pay income tax even though they are still far from living financially without worries. In my opinion, the basic tax allowance should therefore be increased to at least 50,000 euros per year or income tax should even be abolished completely. Anyone who earns less than 50,000 euros should be allowed to keep all of their work. Only beyond this should the state receive income

US Strikes Iran for 2nd Straight Day

U.S. Central Command said its forces completed another round of strikes 'to further degrade' Tehran's ability to attack commercial shipping in the Strait of Hormuz.

TotalEnergies Ships First LNG Cargo from Mexican Pacific Coast to Asia

'TotalEnergies will be the sole offtaker of LNG during the ramp-up phase'.

INPEX Starts Appraisal Drilling for Japan CCS Project

Metropolitan CCS, a joint venture of INPEX and Kanto Natural Gas Development, began drilling an appraisal well for a carbon capture and storage project planned to serve industrial emitters in the Greater Tokyo Area.

ADNOC Scores 15-Year Deal to Supply 1 MMtpa of LNG to INPEX

Nearly 23 percent of Ruwais LNG's 9.6 MMtpa capacity has been offtaken by Japanese customers, ADNOC said.

Iran War: After renewed escalation, oil prices are rising

Oil prices rise again after attacks in the Persian Gulf. The focus is on the Strait of Hormuz, a central bottleneck for the global energy market.

U.S. LNG Exporter Reaps Windfall as Middle East Turmoil Drives Fees Higher

Venture Global has reported a 69% increase in its liquefaction fees over the second quarter of the year, to $6.45 per million British thermal units, up from $3.82 per mmBtu in the first quarter amid the war-related LNG flows disruption in the Middle East. In a regulatory filing cited by Reuters, the U.S. LNG major said it had generated revenue from sales totalling 466.4 trillion thermal units in the second quarter, down from 480.8 TBtu in the first quarter. Venture Global is a big player on the

Airplane: Navy collects debris from Boeing - search for crew

A Pakistani cargo plane crashes into the Arabian Sea. After twelve hours of searching, the first pieces of rubble were found. What about the crew?

Malaysia denies 1MDB fugitive Jho Low entered country with Chinese delegation

A senior Malaysian lawmaker on ⁠Thursday denied ⁠that fugitive businessman Jho ⁠Low had entered the country for talks linked to the theft of billions of dollars from state fund 1Malaysia Development Berhad (1MDB). Low, whose full name is Low Taek ‌Jho, faces multiple charges, including corruption and money laundering, in the United States and Malaysia for the central role he allegedly played in the misappropriation of at least US$4.5 billion from 1MDB. He has consistently denied wrongdoing and..

Morning Briefing: At Commerzbank, the federal government is behaving like a stubborn child

As Unicredit collects more and more shares in the Frankfurt bank, there is a growing realization that a takeover can hardly be prevented. Only the second largest shareholder continues to be stubborn.

Morning Briefing: NATO summit: Big Trump chaos with a happy ending / Iran: Uncertainty drives the price of oil

The US President dominated the NATO summit at will. But he hardly caused any damage. Maybe we shouldn't take him so seriously anymore.

Annual report for 2025: Federal police balance: fewer crimes - more violence

The federal police are detecting more violent crimes. What the current annual report shows about this and migration developments.

Democrat Graham Platner exits key US Senate race, but denies rape allegation

Graham Platner, a scandal-plagued Democratic Senate nominee whose insurgent rise had drawn comparisons to Donald Trump, ended his campaign on Wednesday after a rape allegation threatened to derail one of his party’s best chances of flipping a Republican-held seat. Platner, a Marine veteran, oysterman and political newcomer, won last month’s Democratic primary in the northeastern state of Maine to face Republican Senator Susan Collins in November’s midterm elections. His withdrawal gives Maine...

Oil extends gains as Iran-U.S. tensions raise concerns over supply disruptions

Oil rises Thursday, amid worries over supply disruptions in the Middle East following fresh strikes on Iran by the U.S. military.

Saudi Arabian tech giant eyes Hong Kong as Asia gateway and smart city partner

A Saudi Arabian tech giant has made Hong Kong its first stop on its maiden visit to Asia, expressing strong interest in partnering with local authorities to co-develop a smart city and establish a strategic gateway to the broader regional market. The remarks on Wednesday followed the opening of LEAP East 2026, the inaugural Hong Kong edition of the global tech event, where Financial Secretary Paul Chan Mo-po highlighted deepening ties between the two regions. Chan said he would lead a business..

$130 Billion in AI Data Centers were Just Blocked. Where Does the AI Boom Go Now

In September, Google walked away from a $1 billion data center outside Indianapolis, pulling its Franklin Township proposal minutes before the city-county council was set to vote it down. It wasn’t an isolated incident. Communities across the United States have now blocked or delayed more than $130 billion in AI data centers in the first three months of 2026, refusing projects the industry's biggest names assumed they could build anywhere. This is the problem Bitzero (Nasdaq: AIBZ) spent the las

Are Our 401k Projections/Assumptions Correct? 10% Employer 401k Match.

Are Our 401k Projections/Assumptions Correct? 10% Employer 401k Match. Spouse is 35. Currently starting to fund the 401k. 20k Balance in Vanguard 2055 Target Date Fund. Historical Average is 10.7%. 401k is Employer matched. First 3% is 200% and next 4% is 100% Match. Essentially a 10% total match if employee contributes 7%. If contributing nothing else, it would be 17% of Income (Roth 401k). Currently makes $55,000 per year. 2.5% Annual Increase. She wants to stay with the company, currently in

Levi’s is finding new ways to win customers — by looking toward tops and ‘denim luxury’

Jeans maker raises its full-year outlook for the second straight time, but shares fall after hours

Dangote’s Next Move Could Create the World’s Largest Refinery

Dangote’s 700,000 b/d Lekki refinery has been running at full capacity over the past two months, pushing product exports to Europe to record levels and overtaking traditional suppliers from the Gulf and the US. Its rise has already reshaped the West African fuel trade: imports of clean products from outside the region fell by almost 25% year-on-year in the second quarter. Yet Dangote is treating this only as a starting point. The group plans to add another crude distillation unit (CDU), lift tot

Oil: ExxonMobil invests a billion dollars in Nigeria

The investment marks the US oil company's return to drilling activities in the country. The new project is expected to deliver first production within 18 months.

Gulf Oil Producers Relaunch Fight for Market Share in Asia

Saudi Arabia has slashed the price of its crude oil loading for Asia next month by the most in two decades as the world’s top crude exporter and the other major exporters in the Persian Gulf restarted the competition to sell into their biggest market, Asia, after the tentative reopening of the Strait of Hormuz. Saudi Arabia, as well as Iraq, Kuwait, and the United Arab Emirates (UAE), have bet in recent weeks that the situation with the navigability through the Strait of Hormuz will only improve

France's TotalEnergies ships first LNG from Mexico project to Asia

SpaceX stock closes below debut price at $148 in two-day slide after Nasdaq-100 inclusion

SpaceX's record IPO raised a total of $85.7 billion after underwriters exercised the "greenshoe" overallotment.

Investors haven’t been this bullish on the dollar in a decade. How the buck can keep climbing.

A crowded bet on a stronger U.S. dollar may depend on whether Wednesday’s jump in oil prices proves lasting, as renewed Middle East tensions revive inflation concerns and bolster expectations that the Federal Reserve may need to keep policy tight.

How an Accidental Discovery in a Texas Lab Could Reshape Battery Manufacturing

A team of scientists at Texas A&M University accidentally discovered a new method for producing a critical component in lithium-ion batteries. The team, based in College Station, Texas, was trying to study an entirely different phenomenon when they discovered that they could produce graphene oxide directly from natural gas. Not only does this discovery mean that a critical battery component could be produced more efficiently and cheaply, the process also creates green hydrogen as a byproduct. In

The Strait of Hormuz is back under ‘full-conflict conditions’ — and energy markets are scrambling

Oil prices surge as U.S. and Iran trade strikes; but even without further disruption, volatility appears here to stay for energy markets

+++ Football World Cup 2026 +++: Justin Bieber also at the half-time show in the World Cup final

Egypt files a complaint against referees after World Cup exit +++ Völler continues as sports director and wants 2014 world champion at DFB +++ The World Cup blog.