Brent and WTI rise 2 percent as geopolitical risks and shipping disruptions heighten supply concerns in key export routes. Oil prices climbed to their highest levels in five weeks, with Brent and WTI both gaining around 2 percent. The rally reflects escalating geopolitical
Iran warns of targeting US and allied interests in the region if its nuclear sites face military action, escalating geopolitical tensions. Iran’s top military command declared that any US strike on its nuclear facilities would trigger retaliation against US and allied asse
Trump administration plans to extend 10% duties on imports from multiple economies before current levies expire. The White House is finalizing plans to impose new tariffs on goods from dozens of countries by Friday, replacing expiring 10% global duties. The move aims to ma
US Secretary of War requests $2 billion for equipment replacement The US Secretary of War is requesting $2 billion to replace equipment lost or damaged in combat. The Senate must pass a $67 billion supplemental package to support the request. The US militar
New U.S. tariffs targeting 99% of trade could escalate global trade tensions amid forced labor compliance disputes. The Trump administration plans to impose tariffs on 60 countries for failing to comply with U.S. forced labor laws, according to U.S. Trade Representative Ja
Trump administration offers undisclosed ethics concessions to advance stalled crypto market structure legislation in the Senate. The White House is urging Senate Democrats to accept an ethics agreement tied to the Digital Asset Market Clarity Act, calling it a historic com
Washington seeks to counter Beijing’s growing economic and political foothold in Iraq amid broader geopolitical competition. The US is quietly advancing efforts to reduce China’s dominance in Iraq, aligning with its 2025 National Security Strategy. The strategy divides glo
BAE Systems (BAESF)(BAESY) announced a series of defense initiatives at the Farnborough International Airshow, including an agreement to support artillery production in Ukraine, a partnership with Boeing (BA) and Saab (SAABY) ( To ensure this doesnât happen in the future, please...</stron
ByteDance's TikTok US security chief will testify before Congress amid national security concerns over Chinese ownership and data privacy. TikTok’s U.S. chief security officer, Will Farrell, will testify before the House Select Committee on China on September 15. The heari
The benchmark diesel price used as the basis for most fuel surcharges rose this week by the second-largest amount since the start of the Iran war. The Department of Energy/Energy Information Administration average retail diesel price climbed 33.8 cents/gallon to $5.134/g,
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