Day: May 6, 2026

“Project Freedom”, which began on Monday, will be halted because progress has been made toward a deal with Iran, the US president says. ...

Global energy prices and supplies still have room to get much worse, executives and analysts warned. A “great repricing is underway,” Semafor’s energy editor wrote, as experts raise their forecasts for oil and gas prices — “a sign that the gravity of the situation is finally landing.” Global oil reserves ...

The Iran war and the AI buildout are driving up concerns over the prospect of an energy squeeze in the US. The country has been a net energy exporter since 2019, and fuel exports have spiked since the conflict led to shortages around the world. But rising domestic gas prices ...

The UK staff of Google DeepMind voted to unionize amid concerns of the company’s deal with the US Department of Defense. The Pentagon reached agreements with seven AI companies, including Google, for “lawful use” of their tech in the military; Anthropic, which feuded with the Pentagon over use of its ...

AI is extending its reach on Wall Street as companies exhibit strong demand for the tech and reshape their workforces around it. Anthropic on Tuesday unveiled a new slate of agents aimed at handling financial services tasks like reviewing balance sheets and drafting pitch decks; market intelligence stocks subsequently fell. ...

The US sought to downplay the Iran war’s economic impact and recent flare-ups in the Strait of Hormuz. The Pentagon on Tuesday insisted Washington’s ceasefire with Tehran was holding after the countries clashed in the waterway; US President Donald Trump characterized the attacks as a “skirmish.” Trump also sought to ...

The operation guide ships through the Strait of Hormuz will be halted because progress has been made toward reaching a deal with Iran, the US president says. ...