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Iran to Raise Gasoline Prices Due to U.S. War-Induced Shortages and Unsustainable Subsidies
The Financial Times reported that Iranian authorities warned they would raise gasoline prices, despite the country having some of the lowest fuel prices globally, due to shortages caused by the war in
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Yen Rises to Strongest Since May, Topping Intervention Rally
The yen strengthened to its highest level since May, surpassing the peak reached after coordinated intervention by Japan and the US.
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Huawei unveils Mate XT2, its first triple-fold phone, featuring 'US-free' core chips
Huawei Technologies has unveiled its Mate XT2, its first triple-folding smartphone, powered by chips that it says are free from U.S. supply restrictions. The launch comes just days ahead of American r
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Vanda Insights Founder Hari Says Oil Prices to Keep Grinding Higher Amid US-Iran Escalation Around Strait of Hormuz
Hari noted that crude futures are not fully reflecting the physical market tightness, pointing to diesel prices near $200 a barrel in Atlantic markets and warning of further scarcity in the coming wee
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Philippine Defense Secretary Warns: China May Leverage Reduced US-ROK Military Drills to Reassert Pressure in Asia-Pacific
Philippine Defense Secretary Gilberto Teodoro stated on Monday that Beijing might view the recent scaling back of joint US-South Korea military exercises as an opportunity to reassert pressure in the
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Brent crude rose 0.4% and WTI rose 0.6% to $92 a barrel as mutual attacks on oil tankers by the US and Iran pushed oil prices higher.
Brent crude rose 0.4% and West Texas Intermediate (WTI) crude climbed 0.6% to $92 a barrel on Monday after the Iranian Islamic Revolutionary Guard Corps Navy claimed responsibility for attacking sever
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Nikkei Asia: US, China Considering AI Safety Guardrail Talks During Trump-Xi Summit
The United States is prepared to raise concerns about artificial intelligence safety with China during the upcoming summit between the two countries' top leaders, opening a window for dialogue despite
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Oil Climbs as US Attacks Iranian Tankers, Iran Declares New Restricted Zone Near Hormuz Strait, Fueling Energy Flow Disruption Concerns
Oil Climbs as US Attacks Iranian Tankers, Iran Declares New Restricted Zone Near Hormuz Strait, Fueling Energy Flow Disruption Concerns
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Iran's Foreign Ministry spokesperson accused the United States of disrupting the Strait of Hormuz, stating that the U.S. provokes conflict while other countries bear the economic costs.
Iranian Foreign Ministry spokesman Esmaeil Baqaei accused the United States of instigating conflict and expecting other countries to bear its economic costs. Baqaei stated that the Strait of Hormuz wa
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Data shows that crude oil exports through the Strait of Hormuz in August decreased by 39% year-on-year, and Iran's exports may fall to zero.
Middle Eastern crude oil exports in August were down 39% from the January-February baseline of 18.5 million barrels per day (bpd), with a current deficit of 7.2 million bpd, according to data released
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US Races to Boost Missile Interceptor Output Amid Iran Tensions
Bloomberg Intelligence Senior Defense Analyst Col. Wayne Sanders stated that while the US retains significant munitions capacity for operations against Iran, its stocks of sophisticated interceptor mi
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Canada to Impose New Retaliatory Tariffs of Up to 50% on $27.6 Billion of US Goods Starting Sept. 8
The tariffs will target imports including steel, aluminum, pulp and paper, appliances, and agricultural equipment. Bloomberg News Ottawa Bureau Chief Brian Platt noted that while the broader economic
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Huawei will stand trial in Brooklyn, USA, where a jury will decide whether its rise was built on crime.
The trial comes five years after Huawei CFO Meng Wanzhou was released from Canada.
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Iran's Parliament Speaker Warns of 'Faster, Heavier, More Painful' Response to U.S. Attacks, Acknowledges Mounting Economic Pressure
Mohammad Bagher Ghalibaf, Iran's parliament speaker and top negotiator, stated on Sunday that Iran's "proportionate responses" to U.S. attacks are over, warning that any future violation of Iran's int
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Iran's Revolutionary Guard claims new attack on US warships in Strait of Hormuz
Iran's Revolutionary Guard announced it fired ballistic missiles at a U.S. aircraft carrier and a destroyer in response to a naval blockade, escalating the standoff in the Strait of Hormuz.
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Iran's IRGC says it attacked U.S. aircraft carrier and destroyer with ballistic missiles; U.S. has not confirmed
Iran's IRGC says it attacked U.S. aircraft carrier and destroyer with ballistic missiles; U.S. has not confirmed
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Iran's top joint military command says strikes could expand if U.S. continues 'harassment' of Iranian ships - state media
Iran's top joint military command says strikes could expand if U.S. continues 'harassment' of Iranian ships - state media
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EU Ambassador to the US Calls for "Maximum Pressure" on Russia, Stating Russia's War Aims Remain Unchanged
Jovita Neliupšienė, the European Union's ambassador to the United States, stated in an interview with Bloomberg that Europe must continue to support Ukraine while exerting "maximum pressure" on Russia
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U.S. CENTCOM: U.S. Strikes Follow Iran's Ballistic Missile Launch Toward Two U.S. Navy Warships
U.S. CENTCOM: U.S. Strikes Follow Iran's Ballistic Missile Launch Toward Two U.S. Navy Warships
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US Envoy Huckabee: Israel Must Protect West Bank Palestinians Amid Settler Pogroms, Labels Some Settlers 'Terrorists'
United States Ambassador to Israel Mike Huckabee made the remarks on Saturday during a visit to the occupied West Bank, where he met with local officials and Palestinian Americans affected by the viol
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Russian attacks on Ukraine killed at least five people, with Ukraine stating that Russia did not cease its offensive during the US envoy's visit, despite Ukrainian forces previously being ordered to observe a ceasefire.
Russian forces attacked the southeastern Ukrainian city of Kamianske on Saturday morning, killing five and injuring five, according to Ukrainian officials. Additionally, casualties from overnight atta
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BBC Analysis: Canada Holds More Leverage Than Appears in US Trade War
A BBC analysis suggests that while the US may be the larger trading partner, Canada should not be underestimated in the escalating trade dispute. Canada is the top customer for 26 US states and ranks
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Canada's share of exports to the US fell to 66.3% in July, a new low since 1997.
Canadian exports to the U.S. fell by 6.6% month-over-month in July, the largest monthly decline since April 2025, according to data released by Statistics Canada on Thursday. The share of exports to t
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Israeli police killed a Palestinian man in Jerusalem on Friday, and the army prevented humanitarian aid from entering the besieged village of Qusra in the West Bank.
Israeli police killed a Palestinian man in Jerusalem on Friday, and the army prevented humanitarian aid from entering the besieged village of Qusra in the West Bank. Additionally, U.S. Ambassador to I
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Officials from the Democratic Republic of Congo and Rwanda will meet in Geneva on September 16-17 to discuss the implementation of the 2025 Washington Accord.
The talks are part of a meeting of the Joint Security Coordination Mechanism (JSCM) between the two countries, aimed at assessing the implementation progress of key security commitments. This follows
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Canadian Prime Minister Carney: A U.S.-Canada trade agreement is still possible, and the breakdown of negotiations in August clarified Canada's "red lines."
Canadian Prime Minister Mark Carney stated on Monday that despite the breakdown of US-Canada trade talks in August, this rupture helped clarify Canada's negotiation red lines, adding that the US "may
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CNBC reports: China expands controls over overseas deployment of tech talent, US tightens visas for Chinese students and journalists.
According to CNBC's "China Watch" newsletter, China officially began restricting citizens who violate technology export controls from leaving the country on Tuesday, aiming to plug loopholes in techno
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Chinese Official Calls AI 'Core Engine of New Technological Revolution'
A top Chinese official said AI is the “core engine of a new round of technological revolution” and the main battleground of its rivalry with the U.S.
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The U.S. is reportedly considering a "phased" agreement with Iran to end the conflict.
Washington may be considering a "phased" agreement with Tehran aimed at ending the US-Iran conflict, according to Iranian media ILNA, citing Pakistani sources. The source cautioned that Donald Trump's
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Trump: US producing and delivering weapons at fastest pace in history, including Patriots, THAAD, and Tomahawks
Former President Donald Trump stated that the United States is producing more advanced weapons than ever before, with daily deliveries to forces in the Middle East and beyond. He added that defense fa
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Iranian state-linked Tasnim News rejects Trump’s claim that Tehran wants a quick deal with Washington
Iranian state-linked Tasnim News rejected Trump’s claim that Tehran wants a quick deal with Washington. The outlet said Iran has repeatedly stated it does not seek negotiations with the U.S. governmen
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Trump says U.S. is open to engaging with Iran, will determine whether to choose to engage
Trump says U.S. is open to engaging with Iran, will determine whether to choose to engage
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Iran War fiscal pressure may lead Gulf states to prioritize domestic investments over US commitments, PIIE report says
A new analysis from the Peterson Institute for International Economics (PIIE) indicates that the ongoing conflict between the United States and Iran is creating fiscal pressure for Saudi Arabia, Qatar
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GasBuddy Analyst: Americans have spent an additional $109.2 billion on gasoline and diesel since March, with the daily increase currently around $730 million.
According to Patrick De Haan, head of petroleum analysis at GasBuddy, U.S. consumers and truckers have spent an estimated $109.2 billion more on gasoline and diesel since March 1 compared to the same
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Former CIA officer Scott Uehlinger states US may be 'forced to intervene' in Red Sea
Uehlinger's remarks come as the United States faces growing pressure to intervene after Houthi forces seized control of Yemen’s Red Sea coast, though the White House has so far declined requests for d
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Some companies that left China to avoid U.S. tariffs are now returning, citing difficulties in replicating China's factory ecosystem
A year after shifting production and sourcing out of China, some firms are finding it challenging to replicate the country's skilled labor, supplier networks, and reliable power elsewhere. U.S. retail
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Iran states US, not lack of mediation, is main obstacle to diplomacy
Iran states US, not lack of mediation, is main obstacle to diplomacy
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Canadian firms spent $9B on U.S. commercial real estate in the 12 months to June, shrugging off trade war concerns
The pace of U.S. asset purchases by Canadian firms accelerated in Q2, with 32% of capital raised for global acquisitions directed to the U.S. during the period, up from 19.3% a quarter earlier. Collie
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US Special Envoy Jared Kushner says Israel's failed Doha attack left it 'globally isolated' and helped force Gaza deal
Kushner added that the international outrage following the 'terrible' attack on Hamas leadership in Doha allowed US mediators to force Israel into a Gaza deal.
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Guyana's President: Oil Revenue Surges Due to Iran Conflict
Guyana's President, Mohamed Irfaan Ali, stated that the country's oil revenues have sharply increased in recent months due to the Iran conflict reshaping global markets. He emphasized that he does not
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U.S. Energy Secretary Chris Wright Warns Against Hormuz Deal Optimism, Iran to Propose Temporary Shipping Lane on Monday
U.S. Energy Secretary Chris Wright warned traders against expecting a quick Strait of Hormuz breakthrough with Iran, noting that alternative routes are currently supplying about 10 million barrels a d
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Kremlin says Russia-Ukraine-US talks possible in October
Kremlin spokesman Dmitry Peskov said that trilateral talks between Russia, Ukraine, and the United States could take place in October. This follows visits by U.S. negotiators to Kyiv and Moscow to pus
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Al Jazeera Analysis: Iran War Reveals BRICS' Limits in Translating Economic Weight into Geopolitical Sway
The analysis highlights that the BRICS bloc struggled to achieve a unified stance on the US-Israel war on Iran, failing to condemn the US directly in its summit declaration. This demonstrates the diff
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South Korea nears announcement of first US investment project, with briefing to lawmakers set for Sept. 17
South Korean Industry Minister Kim Jung-kwan returned Sunday from three days of talks in New York, where he met US Commerce Secretary Howard Lutnick and other officials to discuss prospective projects
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North Korea reportedly using foreign IT talent to infiltrate US companies
The DPRK is said to be employing IT workers from third countries to pass job interviews for positions in US companies, with these roles subsequently taken over by North Korean operatives.
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Council on Foreign Relations Senior Fellow: Houthi attacks pose a major setback to U.S. strategy of stabilizing regional oil flows, Iran's nuclear activities raise new concerns.
Ray Takeyh, a senior fellow at the Council on Foreign Relations, stated on Bloomberg Television that renewed Houthi attacks represent a significant setback for the U.S. strategy to stabilize regional
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Lebanese President Aoun stated there would be no new negotiations with Israel at this time, after US-brokered talks between Israel and Lebanon were postponed due to ongoing Israeli bombardment of southern Lebanon.
Lebanese President Joseph Aoun stated on Saturday, September 12, in Nabatieh that there would be no new negotiations with Israel at this time. This follows the postponement of the next round of US-bro
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Canada seeks $1 trillion from investors looking for a haven from Trump, as Prime Minister Mark Carney hosts a summit to fund decoupling from an increasingly hostile US
Canada seeks $1 trillion from investors looking for a haven from Trump, as Prime Minister Mark Carney hosts a summit to fund decoupling from an increasingly hostile US
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