US rules out Iran talks as war risk cover adds $8 to oil barrel
Escalating tensions in the Strait of Hormuz are pushing up crude prices and insurance costs, forcing energy traders and shippers to reassess risk.

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Escalating tensions in the Strait of Hormuz are pushing up crude prices and insurance costs, forcing energy traders and shippers to reassess risk.
Volkswagen reached a labor settlement to shrink its German footprint, but the real test is whether restructuring buys a path forward or just delays the decline.
Revolution Medicines and Moderna prove that high-risk bets on undruggable targets can finally work - here's what it means for biotech investors and pharma execs.
Earnings surge at onshore firms, yet investors punish tech as AI spending shifts from promise to expense.
New research warns that leaning on generative AI at work can weaken the moral and contextual judgment managers need most.
Robert Kiyosaki says he owes US$1.2 billion; in China, burned property investors are wrestling with awe and bitterness.
The gap between tech leaders' AI optimism and public backlash over data centers is widening, with two-thirds of Americans opposing local data centers.
Ukraine's strikes have knocked out 40% of Russia's refining capacity, sending diesel prices to all-time highs and threatening global supply chains.
Hunan Satellite TV, a major state-owned broadcaster, airs a fully AI-generated classic adaptation, taking synthetic video from social media slop to prime time.
Millennial nostalgia and global capital have turned rare Pokemon cards into a serious investment, complete with grading, tokenization, and even crime.
After Xbox divested Double Fine, founder Tim Schafer reveals how he fought to keep the studio alive and independent.
The comedian-director's Cannes debut earned a six-minute standing ovation and a big-bucks acquisition, positioning him for awards season.