continents and regions – Jahanagahi
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Economy

Interior Department cancels offshore oil and gas leases in Alaska and the Gulf of Mexico

CNN — The Biden administration announced Wednesday it would cancel three upcoming offshore oil and gas leases – two in the Gulf of Mexico and one in Alaska – over a lack of interest and delays. The cancellation of the previously planned Cook Inlet sale in Alaska, as well as the lease sales in the […]

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Economy

Record diesel prices, tight supplies could be next blow to the US economy

New York CNN Business — Diesel prices are soaring to record levels, and record low inventories of the fuel in parts of the United States are sparking fears of worse to come. Even if you’ve never bought a gallon of diesel in your life, as is the case for most US drivers, high diesel prices […]

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Business

Tesla’s China sales dive 98% in April amid Shanghi lockdowns

Hong Kong CNN Business — Car sales saw a record decline last month in China, the world’s largest automobile market, as strict Covid-19 lockdowns take a severe economic toll. And no automaker suffered more than Tesla. The EV maker sold 1,512 vehicles in mainland China last month, down 98% from March, according to data from […]