The Federal Reserve held rates at 3.75% to 4% on a 10-2 vote, with Lisa Cook and Beth Hammack wanting a hike. Chairman Kevin Warsh then said one 2027 meeting will carry no rate vote or statement, and the details
The shockwaves from the escalating Iran war tore through global financial markets this week, dragging down the Dow Jones Industrial Average and wiping out investor optimism that had only recently begun to
The Middle East war enters a dangerous new phase as Israeli strikes on Iran trigger retaliation, paralyzing oil flows, disrupting global markets, and raising fears of prolonged economic shock. The war between
Global financial markets are entering a dangerous new phase of volatility, as war-driven energy shocks collide with central bank uncertainty, pushing stocks into a sustained decline and forcing investors to reassess the
Global oil markets were thrust into renewed turmoil on Tuesday as Brent crude surged past the psychologically critical $110-per-barrel threshold, marking one of the sharpest single-day gains in recent years and signaling
The United Nations has voiced clear opposition to the targeting of Iran’s South Pars gas field, as an escalation in the US-backed Israeli military attack pushes the Middle East deeper into a
The idea that the US Federal Reserve would soon pivot toward aggressive rate cuts has been abruptly upended. A fresh surge in inflation, combined with escalating geopolitical tensions and rising energy costs,
TEHRAN/WASHINGTON — The Middle East war entered a dangerous new phase on Tuesday as Israel Attacks Iran intensified, with Israeli officials claiming the killing of a top Iranian paramilitary commander while the
Wall Street staged a sharp and closely watched rebound on Monday, snapping a three-week losing streak as falling oil prices and renewed enthusiasm around artificial intelligence stocks lifted investor sentiment, even as
Global energy markets were thrust into turmoil this week as the escalating war involving Iran sent crude oil prices surging above $100 per barrel and triggered sharp swings across global stock markets.
India has increased its purchases of Russian crude oil, reinforcing a strategic energy partnership with Moscow as global supply chains face disruption and volatility in energy markets. Speaking in New Delhi on
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