Keywords: US
The closure of the Strait of Hormuz has escalated into one of the most severe energy crises in decades, cutting off around 20 percent of global oil supply and sending shockwaves through food and industrial supply chains. As the conflict between the United States and Iran enters its fourth week, the scale......
Oil markets moved sharply on Monday after conflicting statements from Washington and Tehran raised fresh uncertainty about the ongoing conflict. Prices dropped steeply before recovering part of the losses, as traders reacted to claims of diplomatic progress that were quickly denied by Iranian officials. Brent......
The US dollar strengthened sharply as tensions between Washington and Tehran escalated ahead of the expiration of President Donald Trump’s ultimatum over the Strait of Hormuz, driving investors toward safe-haven assets and pressuring Asian currencies and equities. The dollar index rose to around......
The head of the United Nations nuclear watchdog has warned that military action cannot fully dismantle Iran’s nuclear program, stressing that only diplomacy can address the long-term risks. Rafael Grossi, director general of the International Atomic Energy Agency, told CBS News that no conventional......
U.S. stock index futures fell on Monday as escalating tensions in the Middle East fueled concerns over energy infrastructure and sent oil prices soaring above $100 a barrel. The heightened conflict prompted investors to reassess expectations for Federal Reserve interest rate cuts, reducing optimism for......
Taiwan’s opposition leader, Cheng Li-wun, emphasized on Monday that enhancing relations with Beijing does not require being hostile toward the United States. Speaking at the Taiwan Foreign Correspondents’ Club, Cheng highlighted the importance of stable cross-strait relations for Taiwan’s......
A Chinese academic report is calling for Beijing to scale back its massive foreign exchange reserves, including its holdings of US Treasury bonds, arguing that the rising global role of the yuan could replace many functions traditionally supported by large dollar reserves. The report, published by the......
The world is facing an energy crisis more severe than the combined oil shocks of the 1970s, the International Energy Agency warned, as tensions between the United States and Iran escalate over control of the Strait of Hormuz. The warning comes as US President Donald Trump issued a 48-hour ultimatum......
Ukrainian President Volodymyr Zelenskiy urged international partners on Sunday to continue applying sanctions pressure on Russia, ahead of a second day of discussions between Ukrainian and U.S. delegations aimed at exploring ways to end the four-year conflict. The war began after Russia launched a full-scale......
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