Russia and Iran cut crude prices as China becomes last major buyer

Russia and Iran are steepening discounts on their crude exports to secure a shrinking pool of Chinese buyers after Indian refiners sharply reduced purchases of Russian oil. Moscow’s flagship Urals blend is now selling to China at about 12 dollars per barrel below the ICE Brent benchmark, compared......

Middle East crude shipments push oil tanker rates to six-year high amid U.S.-Iran tensions

Freight costs for transporting crude oil from the Middle East surged to their highest level in six years as exporters accelerated shipments while tensions escalate between the United States and Iran. The cost of chartering a very large crude carrier capable of carrying two million barrels from the Persian......

Ray Dalio warns investors as global order enters era of instability

Investor and Bridgewater Associates founder Ray Dalio has warned that the global financial and political system has entered a period of “great disorder,” marking the end of the post-World War II world order. In recent essays and public appearances, Dalio said current global tensions and rising......

Aston Martin announces 20 percent workforce cut amid tariff pressures

British luxury carmaker Aston Martin has announced plans to reduce its workforce by around 20 percent as it faces mounting financial pressure linked to higher tariffs in key markets such as the United States and China, as well as broader economic uncertainty affecting the global automotive......

Japan seeks to minimise impact of new US tariffs

Japan is taking steps to mitigate the effects of newly imposed U.S. import tariffs, government officials said on Tuesday. Following the U.S. Supreme Court’s decision to strike down certain tariffs under the International Emergency Economic Powers Act (IEEPA), President Donald Trump applied a 15%......

Trump’s new global tariffs take effect after Supreme Court setback

New global tariffs introduced by U.S. President Donald Trump officially came into force on Tuesday, marking a significant shift in Washington’s trade policy. The measure establishes a baseline 10% duty on a wide range of imported goods, with the president signaling that the rate could increase......

Ing report warns dollar’s safe‑haven aura is fading

The U.S. dollar has surrendered part of its traditional crisis‑hedge appeal since 2024, according to a fresh ING study, even as global investors broadly continue to hold dollar assets. The bank’s research, released on Monday, concludes that the shift looks cyclical rather than a permanent loss......

Oil prices slip as diplomacy advances and tariff fight clouds outlook

Oil prices retreated as traders weighed signs of progress in United States–Iran nuclear diplomacy against a fresh layer of uncertainty from President Donald Trump’s new across‑the‑board import tariffs. Brent crude futures slipped to around 71 dollars a barrel and US West Texas Intermediate......

Trump raises global tariffs to 15% after Supreme Court setback

U.S. President Donald Trump announced that he is increasing newly introduced global tariffs from 10% to 15%, with immediate effect, following a major ruling by the Supreme Court of the United States that curtailed parts of his trade policy. In a statement published on his social media platform, Trump......

U.S. economic growth slows below expectations in late 2025

The U.S. economy showed signs of slowing in the fourth quarter of 2025, with annualized GDP growth reaching 1.4%, falling short of market expectations. Analysts had forecasted a 2.5% increase, reflecting concerns over a slowdown in the world’s largest economy. For the full year 2025, the United......

Investors flock to european stocks as ‘hedge america’ trade builds

Investors are channeling unprecedented sums into European equities as they look to balance portfolios that had become heavily tilted toward the United States and its richly valued technology sector. Fund flow data show European stock funds have logged back-to-back weeks of record inflows in February,......

Euro weakens to one-month low as oil spike and ECB doubts hit currency

The euro fell toward its lowest level in nearly a month as investors rushed into the dollar on mounting concerns over a potential US military strike against Iran, sending oil prices to fresh six-month highs and reviving demand for traditional safe-haven assets. The common currency traded around 1.1765......

Euro slips to four-week low as hawkish Fed and tensions unsettle markets

The euro weakened toward a four-week low against the dollar on Friday, as investors responded to a more hawkish tone from the Federal Reserve and rising geopolitical tensions involving Iran. The euro was last trading just below 1.18 dollars and was heading for a weekly loss of around 0.8 percent, putting......

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