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What the Iran War Will Do to Your Life and Our Economy
The disruptions caused by the conflict will significantly affect the cost of living.
Oil production dip in Middle East estimated at 7.5 mln barrels per day — EIA
"Oil flows through the Strait of Hormuz continue to be limited causing oil storage to fill quickly in countries that rely on the waterway for exports," the US Energy Information Administration said
Key Real-World Oil Price Soars to Highest Level on Record
The world’s most important price for real-world oil barrels soared to its highest level on record, the latest sign that global crude markets are pricing increasingly scarce supply as a result of the disruption from the Iran war.
Pimco Weighs $14 Billion Debt Deal for Oracle Data Center
Pacific Investment Management Co. is in talks with Bank of America Corp. to help provide roughly $14 billion of debt financing to build a massive Oracle Corp. data center in Michigan, according to people familiar with the matter.
Trump's Showing He's Not Fit to Serve at This Level Says Rep. Subramanyam
Representative Suhas Subramanyam, a Virginia Democrat, joined Balance of Power stating that President Trump's "outrageous" threats to hit civilian targets in Iran shows he's not fit to lead and it's damaging to US standing in the world. As US President Donald Trump’s latest ultimatum to Iran to agree to a ceasefire deal approaches, hardliners now in charge in Tehran are relishing the idea of escalation and a region-wide conflict. The US and Israel have taken out layers of senior commanders o...
Syria’s 2025 Budget Surplus Shrinks, Spending Expected to Rise in 2026
The Syrian Ministry of Finance published a summary on Tuesday, April 7, of the state budget’s performance for 2025. According to figures posted by Syrian Finance Minister Mohammed Yisr Barnieh on his Facebook page, the reported surplus in Syria’s 2025 state budget was revised downward after the minister had previously said in a television interview that it was nearly 10 times higher. Barnieh said the general budget posted a slight surplus of about 5 billion Syrian pounds, equivalent to roughly...
Trump Says Iran Could ‘Die Tonight’ as Hormuz Deadline Looms
- President Donald Trump threatened Iran with civilizational destruction as the US attacked military targets on the country’s key oil export hub, ramping up pressure on Tehran to reopen the Strait of Hormuz by his Tuesday deadline or face massive strikes on critical infrastructure. Iran halted participation in ceasefire talks in response to Trump’s social media post, according to a person familiar with the matter who asked not to be identified discussing private deliberations. Those discussions...
Bank of Russia sets dollar rate at 78.75 rubles for April 8
The official euro rate was increased by 2.45 kopecks to 91.0279 rubles
FDIC Lays Out Guidelines for Institutions Issuing Stablecoins
The Federal Deposit Insurance Corp., which backs deposits at thousands of US banks, is laying out its guidelines for how those institutions and their fintech subsidiaries can use stablecoins as digital currencies become more widely accepted in the financial system.
US Emergency Oil Moves to Distant Peru as Crude Market Convulses
Oil from the US emergency reserve is heading to unlikely destinations as the biggest crude-market disruption in history upends decades-old global energy flows.
Container shipments by Russian Railways down 2% in Q1 2026 — company
March saw 679,000 empty and laden TEUs carried in all kinds of service
Fed's Goolsbee Cautious, Nervous About Economic Outlook
"The job market is basically stable but not great," Federal Reserve Bank of Chicago President Austan Goolsbee says during remarks at the Detroit Economic Club. Goolsbee also says the rise in oil prices may drive prices up in a stagflationary way. (Source: Bloomberg)
Second construction stage of Ust-Luga terminal water area completed
The throughput capacity of the terminal is 12.6 mln metric tons per year at this stage
John Harbaugh on Dexter Lawrence's trade demand: 'I believe Dexter wants to be here'
One day after New York Giants star Dexter Lawrence made his trade demand public, head coach John Harbaugh said he wants Lawrence on the Giants and believes the defensive tackle wants to stay with the team.“I’m not surprised by it, we’ll try to work through it,” Harbaugh said during a Zoom call with reporters on Tuesday. “I think the prospects (of Lawrence staying with the Giants) are going to be high. Speaking for the Giants, we want Dexter here. And I believe Dexter wants to be here.”Harbaugh a...
Why Jade Goody's wedding to Jack Tweed is now being investigated: Insiders are so disgusted they've called DOLLY BUSBY to tell all - and reveal why new questions are now bubbling to the surface
Why Jade Goody's wedding to Jack Tweed is now being investigated: Insiders are so disgusted they've called DOLLY BUSBY to tell all – and reveal why new questions are now bubbling to the surfaceBy DOLLY BUSBY, SHOWBUSINESS REPORTER Published: 17:57, 7 April 2026 | Updated: 18:25, 7 April 2026 e-mail 49 shares
Trump's Iran Deadline Looms Over Markets | Open Interest 4/7/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Deal or destruction. President Trump escalates threats against Iran as his deadline looms. Markets on edge as war tensions collide with tech’s surprising resilience, even as a hidden helium shortage could disrupt AI and chip production. Bill Ackman makes a bold play for the world’s biggest music label. And Fed official John Williams says inflation risks may rise, but policy is holding steady. P...
Oil production at Kazakhstan’s Tengiz field restored after emergency — Tengizchevroil
According to William Lacobie, General Director of Tengizchevroil, a "foreign specialist" has been held liable, but their name and position were not disclosed
Derivatives Head Mackay Is Latest to Leave Metals Trader IXM
Tom Mackay, head of derivatives at IXM Holding SA, is leaving the metals trading house — the latest of several senior departures in recent months — according to people familiar with the matter.
France to Fast-Track Law to Protect Its Struggling Farmers
France is moving to fast-track emergency legislation to protect its farmers from rising imports as Europe’s top agricultural producer faces a collapse in its food trade balance.
Russian military hackers reroute British internet users’ traffic
UK National Cyber Security Centre warns that vulnerable routers will let attackers steal passwords and log-in details