World Business
The latest World Business coverage from the Chattanooga Times Free Press, part of our Business section.
More in World Business, page 37
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Islandwide blackout hits Cuba as it struggles with deepening energy crisis
Officials in Cuba reported an islandwide blackout Monday in the country of some 11 million people as its energy and economic crises deepen and its power grid continues to crumble.
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Falling oil prices send Wall Street toward its best day since the Iran war began
A drop in oil prices on Monday helped send the U.S. stock market to its best day since the war in Iran began.
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Iraq is caught in the crossfire of the Iran war, with attacks by both sides on its soil
Iraq is getting caught in the crossfire of the Iran war as the only country facing strikes from both sides, and that threatens to drag the nation that has so far avoided two years of regional turmoil into a full-blown crisis.
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Zelenskyy says US 30-day waiver on Russian oil sanctions is ‘not the right decision’
Ukrainian President Volodymyr Zelenskyy said Friday that the U.S. 30-day waiver on Russian oil sanctions amid the Iran war is "not the right decision" and won't help bring a stop to Russia's more than 4-year-old invasion of Ukraine.
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US eases some Russian oil sanctions but crude prices stay high
The U.S. is temporarily easing some sanctions on Russian oil shipments, reflecting global concerns over sharply higher crude prices due to supply shortages stemming from the Iran war.
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Cuban president confirms US talks as island’s energy and economic crises intensify
Cuba has held talks with the U.S. government, Cuban President Miguel Díaz-Canel said Friday, marking the first time the Caribbean country has confirmed widespread speculation about discussions with the Trump administration as it grapples with a severe energy crisis.
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Honda scraps plans for EVs while startups forge ahead
A slew of announcements this week provided further evidence of a widening divide in the auto industry between traditional companies that are backtracking on electric vehicles and startups pushing ahead with models that cost less and charge faster.
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Want to bring in a Chinese EV from Canada? Here’s what to know
Chinese electric vehicles, vaunted for their high tech and low price points, will soon flank the United States auto market from the north and south.
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US stocks lose ground as war with Iran keeps pressure on oil prices
Wall Street's losses deepened Friday as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy.
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Trump bragged about low gas prices. The Iran conflict has him doing an about-face
Since starting a war with Iran caused oil and gasoline prices to spike, President Donald Trump has pivoted from a focus on keeping energy prices low to trying to paint high oil prices as a positive.
