Investigators examine whether Mark Walter’s firms misrepresented assets amid broader concerns over private equity-owned insurers’ solvency. Federal investigators are examining whether Guggenheim Investments CEO Mark Walter’s insurance firms misrepresented billions in asset
Three Indian refining companies and “a global energy major” will stop using tankers included in a black list that Iran issued earlier on Sunday in response to U.S. sanctions, Reuters has reported, citing unnamed sources. The list includes 45 vessels that, according to Tehr
Washington resumes partial embassy operations, signaling reduced near-term escalation risk with Iran amid ongoing naval blockade. The US has begun returning diplomatic staff to Middle East embassies, including posts in Lebanon, Israel, Saudi Arabia, and Iraq, after evacuat
Oil prices fall for a third day as diplomatic progress and less aggressive US measures ease supply disruption fears. West Texas Intermediate crude dropped to $80.10 per barrel in Asian trading, extending losses amid reports of Iran and Oman discussing a joint maritime corr
Washington reviews further trade sanctions as Canada prepares dollar-for-dollar tariffs set to take effect September 8. The US is weighing additional trade restrictions against Canada following Ottawa’s announcement of retaliatory tariffs, escalating cross-border tensions.
Negotiations aim to restore safe navigation through the Strait of Hormuz, a key oil transit route, within 30 to 60 days. Iran and Oman are discussing an interim framework to reopen shipping through the Strait of Hormuz, a critical chokepoint for global oil supplies. The pr
Washington’s trade policies with Ottawa face criticism as officials dismiss allegations of Canadian unfair trade practices. The U.S. has intensified trade tensions with Canada, alleging unfair trade practices despite criticism that such claims lack evidence. Officials argu
The reported policy shift reduces geopolitical risk premium in oil markets amid easing Strait of Hormuz tensions and rising tanker traffic. Washington is pausing major military operations against Iran, replacing strikes with economic pressure including sanctions and a nava
Brent and WTI fell sharply after an unconfirmed report suggested a ceasefire and Hormuz reopening, trimming geopolitical risk premiums. Oil prices extended losses, with Brent and WTI each sliding approximately $2 per barrel within an hour. The decline followed an unconfirm
Unverified reports of an Iran-US deal spur late crude selloff, weighing on USD and lifting gold amid broader market caution. Oil prices fell $4.25 to $80.77 after unverified Russian media reports suggested progress toward an Iran-US peace deal, driving a late-session sello
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