Oil prices saw an increase as tensions around the Strait of Hormuz intensified, with Iran adopting a firmer stance on the conditions for reopening the vital waterway. The strait, a key chokepoint for�...
The latest U.S. jobs report indicates a softening labor market, with 23,000 jobs lost in July and an unemployment rate of 4.1%. Illiana Jain, an international economist at Westpac, suggests this data�...
A U.S. congressman has introduced a bill proposing the establishment of a strategic Bitcoin reserve and the elimination of capital gains tax on Bitcoin. The move comes amid growing discussions in Con�...
The Bank of Japan (BOJ) has highlighted rising inflation risks and hinted at a potential acceleration in its rate hike strategy, according to a summary from Bloomberg Economics. The central bank’s r...
Iran and Oman are reportedly on the verge of finalizing an agreement on new shipping lanes through the Strait of Hormuz, a critical chokepoint for global energy supplies. However, Iran’s security ch...
The Ansar Allah Houthis have launched ballistic missile and drone attacks on military sites in Al-Makha, according to a statement from the group’s military spokesperson. This development marks an es...
Israeli Prime Minister Benjamin Netanyahu has declared that there will be no Palestinian state in Gaza or the West Bank during his tenure. This statement reinforces Israel’s longstanding strategic s...
Yemen’s government forces have launched attacks on Houthi positions as the conflict in the strategic province of Marib escalates, according to reports from Al Jazeera. This development indicates a r...
The United Arab Emirates has accused Iran of striking an ADNOC-owned tanker with a missile as it traversed the strategic Strait of Hormuz. The incident has drawn swift condemnation from Gulf and Arab�...
Iran has announced that a deal regarding the Strait of Hormuz is near, but emphasized that it will not unilaterally open the strategic waterway. This development is part of the ongoing US-Iran confli�...