France’s Fuel Crisis Deepens as Houthi Strikes Rattle Riyadh
11% of French fuel stations are dry, diesel hits €2.406 a litre, and a Houthi strike on Riyadh’s main airport adds fresh shocks to global energy markets.
Semiconductors Now the World’s Third Most Profitable Industry, SEMI CEO Says
SEMI CEO Ajit Manocha says chips now rank third globally in profitability as India’s semiconductor demand is projected to hit $100-110 billion by 2030.
Bitcoin Tops $77,900, Ethereum Clears $2,500 as Crypto Shrugs Off CLARITY Act Setback
Bitcoin jumped to $77,991.09 and Ethereum to $2,501.16 on September 18, 2026, as traders looked past the failed CLARITY Act. Here’s the hard data and what it means for your wallet.
Diesel Prices Hit Record $6.45/Gallon After Exxon Joliet Refinery Outage
Exxon’s 275,000-bpd Joliet refinery remains offline after a power failure, pushing US diesel to a record $6.45 a gallon and threatening deeper Midwest fuel shortages.
Oil Prices Dodge Worst-Case Surge as Iran War Hits Six Months, China’s Reserves Cited as Buffer
Six months into the US-Iran conflict, oil prices remain volatile but below dire forecasts, with China’s 1.4-billion-barrel strategic reserve credited as a global buffer ahead of Xi’s Washington visit.
Trump Set to Sign Russia Sanctions Bill as Oil Tankers Trapped Near Hormuz
A 100% tariff sanctions bill targeting Russian energy buyers, a Strait of Hormuz tanker incident, and a Fed rate hike to 3.75%-4.00% are shaking global markets.
Trump Signs Russia-Iran Sanctions Law, Opening Door to 100% Tariffs on India, China
President Trump signed the Sanctioning Russia and Iran Act into law, authorizing tariffs of up to 100% on major buyers of Russian energy, as Middle East tensions and a Fed rate hike add to market volatility.
AirAsia Shares Crash Over 70% This Year as Fuel Crisis Bites
AirAsia co-founder Tony Fernandes says the carrier’s fuel-cost crisis is less severe than COVID, but the stock has still lost more than 70% of its value in 2026 amid a 831 million ringgit quarterly loss.
American, United, Southwest Cut Flights as Jet Fuel Hits $4.71 a Gallon
US carriers are trimming marginal routes and slashing capacity growth plans after jet fuel prices more than doubled to $4.71 a gallon, adding $1 billion to American Airlines’ Q4 costs.
Stellantis Faces Ontario Plant Ultimatum as Canada Threatens to Claw Back Subsidies
Canada’s Industry Minister warns Stellantis (STLA) to reopen its idled Brampton, Ontario plant or repay hundreds of millions in subsidies, as the automaker weighs a sale to defense contractor Roshel.