Russia’s Yaroslavl oil refinery suffered damage after a Ukrainian drone attack overnight, according to the General Staff of the Armed Forces of Ukraine. “A hit was recorded on the territory of the plant, followed by a fire,” Ukraine’s military said in its official...

The Iran war is forcing soul-searching within the global economic elite on how to respond to a series of shocks that show no signs of abating. Four weeks into the conflict, the disruption to energy supply is already severe enough that even an abrupt end to hostilities...

Wall Street traders drove stocks lower ahead of the weekend on concern that a protracted war in Iran will keep oil prices elevated, fueling a simultaneous increase in inflation and a slowdown in growth. The nearly 1.5% drop in the S&P 500 put the gauge on course...

Russia may have launched an attempted spring offensive, but made no significant gains so far; Ukraine has responded by devastating Russia’s oil export terminals.Russia has stepped up assaults in Ukraine’s east in what may be the start of a spring offensive, and...

Microsoft Corp. is at the intersection of two troubling trends roiling the technology sector, which has the stock on track for its worst quarterly performance since the global financial crisis two decades ago. First, the software giant is doubling down on capital...

Russia is abandoning plans for a sharp downgrade to its 2026 growth forecast as the war in Iran boosts its oil revenue. The Economy Ministry is now unlikely to significantly revise its projected 1.3% expansion in gross domestic product when it updates its...