Category: Semafor

The Iran war is squeezing Asia’s oil refiners. While Tehran has let some Indian-flagged ships carrying LNG through the Strait of Hormuz, many are still stranded, forcing Indian refiners to compete with other nations for Russian crude — at higher prices, The Economist wrote. China told its private refiners, which ...

Tesla sold slightly more cars in the first quarter of 2026 compared to the same period last year, but the figures missed expectations and failed to impress investors. The US EV giant run by Elon Musk has an “overproduction problem,” Ars Technica wrote, building many more units than it’s selling. ...

The News The cost of insuring everything from energy infrastructure to hotels to data centers against war damages has skyrocketed in the Middle East. A $100 million policy covering damage from war and terrorism that would have cost $250,000 per year before the outbreak of hostilities costs $5 million today, ...

Investors rushed out of Blue Owl’s flagship and technology-focused credit funds as jitters continue to sharpen in private credit. Blue Owl’s largest fund, a $36 billion pot of corporate loans known by its ticker, OCIC, received redemption requests for 22% of its assets, the firm said today. A smaller, $6 ...

The News President Donald Trump has removed Pam Bondi as attorney general, ending her tumultuous 14 months at the helm of the Justice Department. Trump told Bondi on Wednesday that her time in the job was nearing an end, as Semafor first reported, and he made the announcement official a ...

The News Semafor today announced an expansion of Semafor Gulf, the latest step in the company’s sweeping 2026 editorial expansion and a doubling down on its investment in one of the world’s most consequential economic and geopolitical regions. Beginning this spring, Semafor Gulf will publish five days a week and ...

Oil prices surged to more than $108 a barrel after US President Donald Trump offered an unclear timeline for ending the war in Iran, and equivocated on whether reopening the Strait of Hormuz is a key US military objective. In his first prime-time televised address on the conflict, Trump reiterated ...

The Iran war and the consequent global surge in energy prices is having a ripple effect on the war in Ukraine. US President Donald Trump threatened to withdraw aid for Kyiv unless European allies helped reopen the Strait of Hormuz, the Financial Times said; the move led some nations to ...

Energy giant Shell is in talks with Venezuela to develop gas fields off the country’s coast, the latest sign of increased investor appetite in the country. Venezuela’s oil production remains far below its 1990s peak despite having the world’s biggest crude reserves. Still, investors are feeling bullish as the country ...

Hungary goes to the polls next week, with the country deeply doubtful over the trustworthiness of the electoral process. Prime Minister Viktor Orbán is seeking a fifth consecutive term, but a majority of voters believe the elections will be dishonest. Whereas people in most countries rank the economy as their ...