Treasury Secretary Scott Bessent has identified airlines, the maritime industry, and digital assets as potential new targets for U.S. sanctions, signaling a broadening of the economic pressure campaign against Iran.
European natural gas benchmarks have hit their highest levels since 2023, driven by military escalation in the Persian Gulf threatening LNG supply and below-average storage levels ahead of winter.
Intense heat is straining major U.S. electric grids, including PJM and MISO, prompting emergency measures and raising the risk of power outages for millions of consumers from the Midwest to the Mid-Atlantic.
The U.S. oil major has secured updated terms for its joint ventures, including additional acreage, as it plans a major five-year investment to significantly boost output in the resource-rich nation.
A global bond market selloff has intensified, pushing U.S. 10-year Treasury yields toward a critical 5% threshold, as a surge in energy prices and expectations of central bank tightening unnerve investors.
Following a new wave of U.S. attacks and Iranian missile retaliation, analysts are assessing Tehran's potential next steps, which could include major disruptions to global energy supplies and asymmetric attacks on Western interests.
The United States and Australia have announced a combined $580 million in funding for Pacific Island nations, a strategic move aimed at bolstering regional security and countering China's growing influence.
The U.S. military completed a new wave of strikes on Iranian Revolutionary Guard targets, prompting retaliation and heightening fears of a wider conflict that pushed Brent crude oil prices up more than 4%.
Gold prices fell for a third consecutive session as escalating U.S.-Iran military actions pushed oil prices higher, fueling a global bond selloff and increasing bets on another Federal Reserve interest rate hike.
