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Politics

US weighs scrapping ship law to relieve oil crunch

DS Staff | Mar 13, 2026

The Trump administration is considering a temporary waiver of the Jones Act to help curb rising gasoline and oil prices.

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Auto

Honda flags its first annual loss in 70 years

DS Staff | Mar 13, 2026

Japan’s second-largest automaker, Honda Motor’s shares fell sharply Friday after it warned it could report its first annual loss in nearly 70 years as a publicly listed company.

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Global

Nations agree to record oil reserve drawdown

DS Staff | Mar 12, 2026

The International Energy Agency (IEA) said its member countries will release 400 million barrels of oil from emergency reserves to curb surging global crude prices.

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Defense

FBI warns of possible Iranian drone attack on California

DS Staff | Mar 12, 2026

The Federal Bureau of Investigation warned US law enforcement last month that Iran could attempt surprise drone attacks in California if the United States launched strikes on Tehran.