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Portugal plans to impose a new windfall profits tax on energy companies.

2026-05-05

Portugal plans to impose a new windfall profits tax on energy companies.

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2026-05-05

Iranian Foreign Minister Abbas Araghchi is visiting Beijing for talks with Chinese Foreign Minister Wang Yi, marking his first trip since US and Israeli strikes triggered a severe global oil supply shock. Discussions will cover regional tensions and

Iranian Foreign Minister Abbas Araghchi is visiting Beijing for talks with Chinese Foreign Minister Wang Yi, marking his first trip since US and Israeli strikes triggered a severe global oil supply shock. Discussions will cover regional tensions and international issues. The visit comes as US President Donald Trump prepares for a China trip and as Washington urges Beijing to help reopen the Strait of Hormuz, a request China has so far avoided engaging.
2026-05-05

U.S. Treasury: Borrowed $577 billion in the first quarter, with a cash balance of $893 billion at the end of the quarter. Will borrow $189 billion in the second quarter, with a projected cash balance of $900 billion at the end of June. Will borrow $6

U.S. Treasury: Borrowed $577 billion in the first quarter, with a cash balance of $893 billion at the end of the quarter. Will borrow $189 billion in the second quarter, with a projected cash balance of $900 billion at the end of June. Will borrow $671 billion in the third quarter, with a projected cash balance of $950 billion at the end of September.
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