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US President admits oil price could reach $250 per barrel due to operation in Iran
Donald Trump said that he was prepared for the associated consequences for the American economy
Emerging Assets Drop as Middle East Flareup Weighs on Sentiment
The currency and stock benchmarks for developing economies declined as a flareup in the Middle East conflict reinforced concerns over a global inflation spike and curbed risk appetite.
Sadler Accused Bankers of Botching Block Trade as He Sold Stock
Segantii Capital Management founder Simon Sadler accused bankers of mishandling a block trade in fashion retailer Esprit Holdings Ltd. as his own firm was shorting the stock, a Hong Kong court heard on Tuesday.
The Iran War’s Clean Energy Lesson
If the Iran war has taught the world anything, it’s that oil is unreliable. Bloomberg Opinion columnist Lara Williams explains why that’s great news for clean energy. (Source: Bloomberg)
Iran’s oil infrastructure may sustain significant damage, Trump assumes
Iraq had previously cut oil production due to overflowing storage facilities and export issues through the Strait of Hormuz caused by the Iranian conflict
Police investigate fire at former synagogue in east London
Counter-terrorism officers investigating blaze at former synagogue in Tower HamletsCounter-terrorism police are investigating a fire at a former synagogue in Tower Hamlets, east London, the Metropolitan police have said.More details soon … Continue reading...
Drowning in Debt, Eight Million Firms Miss Payments in Brazil
Take a glance at the stock market, and all appears well in the Brazilian economy. The Ibovespa has soared more than any other major index in the Americas over the past year — almost 60% in dollar terms at last count.
BNP Banker Fired Over Bullying Allegations Loses His $2 Million Payout
A senior BNP Paribas SA banker who was fired for allegedly bullying his subordinates on the trading floor lost a €1.7 million ($2 million) unfair-dismissal award on appeal after judges drew on testimony from staffers.
Israel-Focused Energean Looks to Africa in Diversification Push
Energean Plc is planning to scale up operations in Africa to diversify from its focus on the Middle East as conflict in the region roils energy markets.
Toronto Home Sales Increase Most in Nine Months as Buyers Return
Home sales in Toronto posted their biggest increase in nine months as lower prices finally began to lure buyers back to the market.
MOEX Index down below 2,600 points first since November 19, 2025
As of 11:16 a.m. Moscow time, the MOEX was down by 0.87% at 2,598.08 points
US Says Iran Ceasefire Still in Place After Clashes Over Hormuz
The US played down the prospect of a return to active war with Iran after a day of clashes involving ships in the Strait of Hormuz and missile strikes against the United Arab Emirates.
US-Iran Ceasefire Holds After Hormuz Clashes and UAE Strikes
The fragile US-Iran ceasefire held Tuesday morning after a day of clashes involving shipping in the Strait of Hormuz and missile attacks against the United Arab Emirates.
Hong Kong Weathers War Shocks With Fastest GDP Growth Since 2021
Hong Kong’s economy expanded at its fastest pace in almost five years, as old growth drivers like tourism and retail spending cushioned the blow from the global energy crisis caused by the war in Iran.
Pakistan Trade Deficit Widens as Imports Surge
Pakistan’s trade deficit widened more than expected last month as imports surged, adding strain to the fragile economy and thin foreign exchange reserves.
Bank of Mauritius Sees Inflation Breaching Target by Year-End
Inflation in Mauritius may breach the upper limit of the central bank’s target range this year as prolonged conflict in the Middle East raises the cost of imported goods, Bank of Mauritius Governor Priscilla Muthoora Thakoor said.
'No proposal before the govt': Centre rules out relief for state oil firms
State-run fuel retailers will not receive government financial backing for losses incurred from selling petrol, diesel, and aviation turbine fuel below cost. Despite rising crude oil prices, the government has opted to shield consumers by not revising retail prices for these fuels, focusing instead on price adjustments for bulk diesel and commercial LPG.
Mozambique Weighs Swapping Dollar Debt for Yuan in China Talks
Mozambique is considering converting the $1.4 billion it owes China into renminbi loans as part of a debt restructuring with its biggest bilateral creditor, in line with similar moves by other African sovereign borrowers.
Kazakhstan continues OPEC+ work, no plans to leave organization — ministry
"The consequences of the UAE’s exit will likely remain to be seen, at this stage work is processing as usual," Sungat Yesimkhanov said
Russian stocks down as main trading session opens
According to trading data as of 10:00 a.m. Moscow time, the MOEX and RTS indices slipped by 0.08% to 2,618.72 and 1,093.54 points, respectively