Treasurer Jim Chalmers also spoke about the broader economic consequences of the war in the Middle East in his Sky News ...

"The end is not in sight. The Strait of Hormuz is effectively closed, and markets are starting to price in a prolonged, uncertain endgame." ...

Corruption is a devastating phenomenon that has wide-ranging negative repercussions for individuals, society, and the economy ...

All six crew members were killed after a U.S. refueling aircraft went down in western Iraq, U.S. Central Command said. The ...

The Kremlin hopes the Trump administration’s move to contain oil prices sent soaring by the U.S.-Israeli war on Iran will lead to further relief.

The U.S. is temporarily easing part of its sanctions measures on Russian oil, a reflection of global worries about sharply higher oil prices due to the Iran war.

Separately, consumer spending grew modestly in January, rising 0.4%, but just 0.1% after adjusting for inflation. Incomes, ...

Now Brent is back to where it was on average in the year of Russia’s full-scale invasion of Ukraine. Should Hormuz stay closed for much longer, Russia could reap another “2022-style windfall”—enough ...

Donald Trump rambled about immigrants’ bad “genetics” Friday, during an unfiltered white supremacist rant. Speaking on the ...

U.S. Attorney for the Southern District of New York Jay Clayton is accused of having a “personal interest” in limiting the ...