A new report from the International Energy Agency (IEA) highlights a potential oversupply of oil by the decade’s end, driven by increased production and decreased demand as consumers and businesses turn to electric vehicles and renewable energy sources. The IEA’s announcement Wednesday forecasts the global oil supply capacity rising to approximately 114 million barrels per day by 2030. The projected capacity would surpass expected demand by 8 million barrels per day, marking a significant...

Ukrainian President Volodymyr Zelensky made an unannounced stop in Jeddah, Saudi Arabia, on Wednesday for a brief meeting with that nation’s Crown Prince Mohammed bin Salman to discuss the ongoing Russian invasion of his country and a scheduled “peace summit” to address it. Zelensky revealed the visit on social media, sharing photos with the crown prince and celebrating the meeting as “meaningful and energetic.” The state-run Saudi Press Agency (SPA) also confirmed the meeting and shared photos...

Employees, supporters and labor organizers hold signs as they strike a Starbucks location in Los Angeles. The Supreme Court ruled for Starbucks Thursday and limited the power of the judges and the National Labor Relations Board to protect union organizers. In a 9-0 decision, the court overturned a ruling by a federal judge in Tennessee who sided with the NLRB and ordered Starbucks to rehire the so-called “Memphis Seven.” In doing so, the justices set a higher legal standard to prevent judges...