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US forces are set to withdraw from their last bases in Iraq, while Iraqi oil revenues remain in the custody of the Federal Reserve Bank of New York. The piece explains the longstanding dollar-management arrangement and its implications for Baghdad and Tehran.
US, Iran Discuss Phased Deal To Reopen Hormuz And End US Blockade - Saudi Arabia Downs Houthi Missiles Targeting Kingdom, Officials Say - Iran War Powers Measure Falls Short In Senate, Despite New GOP Support - Trump Hails 'Truly Great Friendship' With Xi Jinping - Xi Calls For 'Healthy' Competition Between China And U
Trump Says Iran Deal Nearing, Tehran Offers Hormuz Reopening - Iran Denies Reports Of Hormuz Reopening Deals From Kyodo, Reuters - Iran Seeks 20% Fine For Hormuz Transit Breach - Trump Floats 'Big Decision' At UN On If He'll 'Annihilate' Iran Or Make Deal - Senior Iran Security Source: Iran Ready For All War Scenarios
Trump Says He Is Open To Meeting Iran s Pres During UNGA Trump Warns He s Entered Deciding Mode On Iran, Big Things In Store Pakistan Interior Minister Visits Iran To Discuss Regional Situation Ukraine Fires Over 1K Drones At Russia; Largest Ever Moscow Attack Trump To Meet Zelensky As Russia-Ukraine Attacks Intensify
Oil Hits Over 1-week Low On Hopes Of Boost To Diplomacy In Iran War - Houthis Launch Missile At Saudi Capital In Escalation Of Hostilities - Iran Warns Against New Escalation By US And Its Allies - Ukraine s Zelenskyy Will Meet Trump During UN Events In New York - Russia Moves To Expand Drone Factory In Tatarstan - Bes
The sale must still undergo congressional review, where it will likely face opposition. The State Department’s approval of the proposed $24.3 billion sale of 48 Lockheed Martin F-35 fighter jets to Saudi Arabia represents a major victory for the kingdom, as Riyadh seeks US support amid increased attacks from Iran-backe
US Seeking 'Phased' Deal With Iran - Donald Trump Claims Russia And Ukraine Have Agreed Energy Truce - Ten-Year Treasury Yield Hits 5% For First Time Since 2023 - Goldman Sachs And Major Banks Are Now Calling For A Fed Hike This Week - Traders Fully Price In Four ECB Hikes And Five BoE Hikes By End-2027 - Citigroup, Go
Trump said the US will hit Iran “hard” as the conflict reignites, with Trump weighing limited strikes to curb Hormuz attacks. An Iranian source warned of a harsher response to further US attacks.
France’s economy narrowly dodges recession after growth was revised down. Spain’s inflation surged beyond 4%, while the French government framed fiscal discipline as a bedrock principle.
RTX’s Raytheon wins a $22.9 billion, seven-year U.S. Navy contract to expand Tomahawk missile production, with annual output targeted to rise from roughly 60 to more than 1,000.
TRUMP SAYS HE'LL DEMAND COMPENSATION FROM IRAN FOR DECADES OF ATTACKS, INCLUDING THE USS COLE BOMBING AND ROADSIDE BOMB CASUALTIES, AS PART OF ANY PEACE DEAL — EVEN AS IRAN SEEKS ITS OWN COMPENSATION FOR THE RECENT FIVE-MONTH MILITARY CONFLICT.
China's exports and imports grow double digits
Iran has reportedly sought to charge ships a transit fee equal to 5% to 7% of the value of their cargo transiting the Strait of Hormuz as a toll amid uncertainty over a possible deal between Washington and Tehran. Iran, Oman Advance Toward Hormuz Deal According to a report by Reuters on Wednesday, a proposed agreement
The former White House communications director Anthony Scaramucci accused President Donald Trump of repeatedly declaring victory over Iran while failing to explain ongoing tensions in the region and the administration’s broader strategy. Scaramucci Slams Iran Claims On Wednesday, in a post on X, Scaramucci criticized t
Iran considers allowing Europe to clear Hormuz mines
US launches airstrikes against Iran
Trump: I'm Ready For "Strong Military Action" If Iran Talks Fail - Trump Says US Is Talking With Iran Right Now - Iran-Oman Talks Focused On Restarting Hormuz Shipping Traffic - EU Commission Eyes Changes To Big Business Tax To Unlock Budget Deal - ECB's Kazimir: September Hike Likely Needed Even If Outlook Improves
Houthis Strike Saudi Oil Tankers In Red Sea; Iran Conflict Expands Iran s IRGC: Targeted US Military Sites In Kuwait, Jordan US Deploys B-1 Bomber As Attacks On Iran Intensify US Surges Forces Towards Mideast, Giving Trump Options To Expand War Pres Trump: Saudi Nuclear Deal Subject To Joining Abraham Accords ECB Set T
US-Iran Attacks Escalate As Strikes Kill Two American Troops - BBG Tehran Declares Peace Deal Abandoned - BBG Iran Rushed Out $6 Billion Of Oil During Brief Truce With US - WSJ Kuwait Energy Infrastructure Hit During Intense Iran Attacks - BBG Washington Pushes EU To Announce Import Rules Rollback - FT Trump To Fund Ma
US, Iran Renew Airstrikes Amid Conflict Over The Strait Of Hormuz - Hormuz Route Open Despite Iran Declaration, Maritime Group Says - War Leaves Economy With More Stubborn Inflation, Economists Project - US Ambassador To NATO: Iran Controlled By A Bunch Of Crazy People - Israeli Elections Set For Oct 27 As PM Netanyahu
US, Iran Agree To Halt Strikes; Talks Resume This Week Iran, Oman Hold First Join Hormuz Meeting Iran s Pres Pezeshkian: $6B Of Iranian Assets To Return Via Qatar Pres Trump Threatens 100% Tariffs Over Digital Service Tax Fed s Barkin Warns Of High Inflation, Sees Signs Of Relief ECB s Kazaks: No Need For Multiple Hike
Apple seeks US approval to source memory chips from Chinese blacklisted company
Iran asserts control of Hormuz, challenging fragile US-Iran ceasefire
Speaker Mike Johnson vows to advance the SAVE America Act through budget reconciliation
BoJ members push for faster rate hikes as inflation risks mount, while Australia's core inflation accelerates, keeping the RBA on alert
US President Trump says the US is getting along with Iran and trying to work out a fair deal
U.S. Secretary of Energy Chris Wright announced a significant shift in oil traffic through the Strait of Hormuz, after a preliminary agreement between the U.S. and Iran, aiming to resolve longstanding nuclear issues and reopen this vital waterway. Oil Traffic Through Strait Back To Normal, Says Wright In an interview w
US launches self-defense strikes in Iran, targeting missile sites and boats. Tensions escalate as Trump seeks peace deal.
US launches self-defense strikes in Iran, targeting missile sites and boats. Tensions escalate as Trump seeks peace deal.