Ongoing US-Iran talks ease geopolitical tensions, prompting a 2.5% decline in WTI oil prices to $88.00 amid reduced risk premiums. Diplomatic efforts between the US and Iran remain on course despite recent military exchanges, a diplomatic source confirmed. The US Central C
US-Iran talks remain on track despite Gulf military clashes The diplomatic efforts between Washington and Tehran are ongoing, with both sides combining military pressure and diplomacy. The latest clashes saw limited strikes and retaliatory actions, but neither side
The investment firm warns AI-driven gains may concentrate in tech, defense, and power while starving other sectors. KKR expects artificial intelligence to drive a prolonged productivity boom but cautions growth will favor a handful of industries. The firm’s mid-year report
Rising crude prices and US-Iran tensions drive the USD/INR pair higher, weakening the INR amid India’s heavy oil import dependence. The Indian Rupee (INR) fell against the US Dollar (USD) at Thursday’s open, with the USD/INR pair climbing to near 95.65. The decline follows
Escalating Middle East conflict drives oil prices higher while regional equities show mixed performance amid geopolitical uncertainty. Asian equities displayed mixed trading patterns Thursday as investors assessed rising tensions in the Middle East after fresh U.S. militar
Georgia's central bank buys $100m more gold The National Bank of Georgia purchased an additional $100m in gold, lifting reserves to a record $7bn. This move is part of a larger global trend, with central banks buying over 970 tons of gold in the first quarter alone
Iran fires missiles at Jordan, Kuwait, and Bahrain Iran has launched a simultaneous attack on Jordan, Kuwait, and Bahrain, widening the conflict beyond direct US-Iran exchanges. The attack draws multiple Gulf states into active defense postures and raises the risk
Iran closed the Strait of Hormuz after US airstrikes targeted southern Iran near the critical oil chokepoint. The US conducted a second night of airstrikes in southern Iran near the Strait of Hormuz, escalating tensions in the region. Iran responded by shutting down the St
Iran’s order to close the Strait of Hormuz lifts WTI crude to $91.00, up 1.03% after US military action. The US military conducted strikes on multiple Iranian targets Wednesday, citing self-defense in response to Tehran’s ongoing aggression. The operation followed Presiden
Closure of the key oil transit route disrupts 20% of global crude flows, escalating tensions after military strikes on vessels. Iran’s military declared the Strait of Hormuz closed to all vessels, including oil tankers, and struck two ships attempting passage. The move dir
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