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MG S9 electric car

Chinese Cars Exceed 10% of the European Market for the First Time

According to Bloomberg, this shows that competition with China is no longer a future challenge for Europe’s auto industry — it has become a present-day market reality.

in the Persian Gulf

Oil Returns to Prewar Levels as the Market Bets on Restored Flows from the Gulf

On Thursday, the international benchmark Brent fell by about 1.8% to around $72.40 a barrel. That put it below the $72.48 mark recorded in late February, on the eve of the US and Israeli strikes on Iran.