Rising Middle East tensions cut Saudi domestic fuel supply, driving increased purchases of Russian fuel oil despite export declines. Saudi Arabia has increased imports of Russian fuel oil as regional conflicts disrupt domestic oil and gas production, straining power genera
Legislation backed by Trump and House leadership targets congressional stock trades and political wagers amid heightened scrutiny. A new bill introduced in the House would prohibit lawmakers, their spouses, and dependent children from betting on political or election outco
Treasury issues temporary license allowing Iran to sell oil until August 21 as part of broader sanctions relief talks. The US Treasury has authorized a 60-day waiver permitting Iran to resume limited oil exports, effective immediately. The license, set to expire on August
At $150 million a month from July 1, 2026, through the end of 2029, a new computing agreement between SpaceX and open-source AI startup Reflection AI would add up to roughly $6.3 billion over its full life, according to CNBC. Through the arrangement, Reflection gains immed
Trump’s new standard deduction for 65+ Americans will benefit the rich — unless you prepare yourself now Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. With a multibillionaire in the Oval Office, there's rarely been a bet
Despite the interim US-Iran deal and a considerable fall in oil prices, risk assets have barely moved, with the S&P 500 still beneath its record high from early June and credit spreads widening. The puzzle reflects four competing forces, Deutsche Bank analyst Henry Allen a
The new consortium offers up to $200m each for hull and cargo risks amid rising tensions in the Strait of Hormuz. Lloyd’s and Chubb have established a marine war risk insurance consortium for the Strait of Hormuz, providing up to $400m in total capacity. The facility, avai
China is preparing a second terminal to receive sanctioned Russian liquefied natural gas (LNG), as the country’s gas imports surge. According to an exclusive report by Reuters, the newly built Longkou LNG terminal in eastern China's Shandong province is being lined up to r
Ondas (ONDS) announced on Monday that it secured over $40M in new June orders for autonomous defense systems. - Including previous awards, the company has now secured more than $150M in Q2 2026 orders, highlighting strong customer demand. - The growth is
UK construction industry must build for resilience following Keir Starmer’s resignation, construction entrepreneur Bradley Lay warns Construction entrepreneur and TrueNorth Capital Group founder Bradley Lay has warned that political uncertainty following the resignation of Prime...</stron
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