Eight Arab and Muslim countries condemn Israeli strikes, citing over 1,200 Palestinian deaths since October’s U.S.-brokered truce. Eight Arab and Muslim nations, including Saudi Arabia, Egypt, and Turkey, accused Israel of violating the Gaza ceasefire, citing continued str
Tehran seeks sanctions relief in exchange for toll-free passage, but Washington rejects Iranian control over critical shipping routes. Iran and Oman are close to an agreement to reopen the Strait of Hormuz, with Tehran controlling inbound traffic and Oman overseeing outbou
US President Trump indicates Fed Chair Kevin Warsh shares responsibility for potential rate hikes with the entire Federal Reserve board. US President Donald Trump stated that a potential Federal Reserve interest rate hike is not solely the responsibility of Chairman Kevin
In brief - The Senate leaves for a month-long recess without holding a procedural vote on the Clarity Act. - Republicans need roughly six Democratic crossovers to clear the 60-vote threshold. - If it passes the Senate, the bill returns to the House before it can reach Trump's...<
Russian fuel imports from South Korea rise as drone attacks cut refinery output to a two-decade low of 3.6 million barrels per day. Russia imported 30,000 metric tons of fuels from South Korea last month to address supply disruptions caused by Ukrainian drone strikes on re
WTI price nears $78 on growing Middle East conflict risks West Texas Intermediate (WTI) futures have extended their recovery move to near $77.80. The oil price had underperformed in the last two weeks due to hopes of the Strait of Hormuz reopening. A propos
White House meeting aims to bolster U.S. critical minerals production amid efforts to curb reliance on Chinese imports. President Donald Trump will meet with executives from Rio Tinto, BHP, MP Materials, and Freeport-McMoRan on Friday to discuss reducing U.S. dependence on
Rising tensions in Yemen fuel concerns over prolonged oil supply disruptions, pushing WTI crude to hold gains above $77. Saudi Arabia has intensified military operations against Iran-backed Houthi rebels following attacks on its southern Najran province and Yemeni governme
Geopolitical tensions and Japan’s currency defense efforts pressure equities as China’s exports exceed forecasts despite US tariffs. Asian stocks fell as Saudi Arabia warned of imminent attacks, heightening regional risks. South Korea and Japan led declines, with AI-relate
July exports rose 23% year-on-year, exceeding expectations, as AI-linked demand offsets domestic weakness and US tariff pressures. China’s exports climbed 23% year-on-year in July, surpassing the 22% forecast, though growth slowed from June’s 27% pace. The print highlights
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