Business

Vietnam, Netherlands Boost Ties in High-Level Political Talks

Vietnam and the Netherlands have reinforced their intention to broaden cooperation in numerous sectors during their second deputy minister-level political consultation held in Hanoi. This significant meeting was co-chaired by Vietnamese Deputy Foreign Minister Lê Thị Thu Hằng and her Dutch counterpart, Marcel de Vink. Both nations reviewed the progress of their bilateral relations, celebrating the ongoing growth in diplomatic exchanges and economic collaboration,...

Oil Drops Under $100, Boosting European Markets Amid Iran Peace Prospects

Global oil prices took a significant dive on Monday, slipping below the $100 per barrel mark, as progress in negotiations between the United States and Iran sparked hopes for a potential peace deal. Brent crude, the international standard for oil pricing, fell by about 6%, landing at nearly $97 per barrel, its lowest in two weeks. This decline came as investors responded positively to...

Energy Giants Noncommittal on Trump’s Venezuela Reconstruction Vision

American oil giants are responding with notable caution to President Trump's claims that they're ready to invest billions in Venezuela's oil sector. The conspicuous...

Petroleum Industry Battles Worst Downturn Since COVID Crisis

The world's energy markets concluded 2025 with their most dramatic annual decline since the coronavirus pandemic, recording losses approaching 20%. The oil industry now...