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EUROPEAN ENERGY CRISIS
Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...- Putin: Western attempts to limit India-Russia ties will harm global stability; Modi does not buckle under pressureRussian President Vladimir Putin said Russia aims to expand its strong relationship with India. He believes US pressure on India to reduce ...
- India to roll out 6–7 FTAs next year as trade push accelerates: Piyush GoyalIndia is set to sign several major trade deals soon. Three to four significant trade agreements are planned for the next year. Additionally...
- India set to implement 2-3 more FTAs in six months, says commerce minister Piyush GoyalIndia is set to implement at least two to three more free trade agreements within the next six months, with an additional three to four sig...
- Trump will attend the NATO summit in Turkey in July, Marco Rubio saysUS President Donald Trump will attend the NATO summit in Turkey in early July. Secretary of State Marco Rubio confirmed the attendance, eas...
- Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
- No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
- Global Market: Eurozone inflation stays above ECB target as fuel costs begin to filter throughInflation across the euro zone’s four largest economies stayed above the European Central Bank’s 2% target for a third consecutive month in...
- Europe's green jet fuels see upside in Iran warEurope is looking at synthetic jet fuel to reduce reliance on foreign oil. The Iran war has made this cleaner fuel more attractive. While p...
- Supply shock, debt may hurt central bank independence, ex-Fed executive saysFormer Fed executive Donald Kohn warned that political pressures on central bank independence are likely to increase. Public dissatisfactio...
- Is Donald Trump losing Iran war? Strait of Hormuz holds keyDonald Trump is now at risk of seeing the U.S. and its Gulf Arab allies emerge from the conflict worse off while Iran, though battered mili...
- Details emerge of a potential Iran deal as US cites progressA significant deal is emerging between the United States and Iran. This agreement aims to end the ongoing war and reopen the vital Strait o...
- A $2.89 trillion military surge signals the sharpest global arms buildup since WWIIThe surge in global military budgets is astonishing, with nations investing heavily in their defense capabilities in response to escalating...
- Three months in, is Trump losing the Iran war?America's military actions against Iran three months ago are now being questioned. President Trump faces doubts about achieving a clear geo...
- Cypriot Prez Christodoulides concludes India visit as ties upgrade to strategic partnershipIndia and Cyprus have elevated their relationship to a strategic partnership. Cypriot President Nikos Christodoulides concluded his visit t...
- AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
- US Stock Market: Fed mulls longer dollar liquidity support for global central banksThe US Federal Reserve is considering extending dollar swap lines with major global central banks to strengthen financial stability amid ri...
- High hopes dashed: UK cost-of-living woes snare PM StarmerBritons are unhappy with Prime Minister Keir Starmer's government. Cost of living worries are high. Economic problems persist since 2008. R...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- Global Market: U.N. cuts global growth forecast as Middle East crisis fuels inflation risksThe UN has lowered its global growth forecast to 2.5% for 2026, warning that Middle East tensions are fueling inflation, disrupting supply ...
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