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Dow Jones Futures: Cisco, Coherent Are Earnings Movers Late After Nebius, Lumentum, CoreWeave Lead AI Rally
AI stocks led the market Wednesday, fueled by Nebius, Lumentum, CoreWeave and Super Micro. Cisco and...
US stocks mostly up after data shows slightly lower inflation in July
Wall Street stocks mostly gained following slightly better US consumer pricing data but an uptick in...
Kazakhstan Suspends Major Oil Exports as Black Sea Risks Escalate
Following a drone attack on the Caspian Pipeline Consortium (CPC) terminal along the Black Sea Coast, Kazakhstan has newly confirmed a halt to crude transfers there. "Kazakhstan is set to stop piping ...
India Pulls Back From Iraqi Oil as Hormuz Turns Too Dangerous
India's biggest state refiners are no longer willing to gamble on the Strait of Hormuz. Indian Oil Corp. and Mangalore Refinery & Petrochemicals have suspended crude loadings from Iraq after a string ...
Inside Washington’s Quiet Bid to Break China’s Grip on Iraq
It is true that U.S. foreign policy under President Donald Trump now operates from the starting point of three core geographical spheres, dominated by a major power in each, as delineated in the ‘2025 ...
U.S. Says China Has Slashed Iranian Oil Purchases by 40%
The United States says its campaign to choke off Iran's oil revenue may finally be showing results where it matters most: China. Treasury Secretary Scott Bessent said Tuesday that Chinese purchases of ...
Why Kyrgyz Citizens Are Turning Against China's Growing Footprint
China's expanding role in Kyrgyzstan has become increasingly hard to ignore. During the first half of 2026, Kyrgyzstan issued some 61,000 work visas, according to the Foreign Ministry's Consular Depar ...
Houthi Threats Ignite New Oil Price Surge
Houthi attacks are expanding the Middle East conflict into the Red Sea, forcing tankers to reroute and pushing Brent above $91 amid growing fears of prolonged supply disruptions. Aramco Floods the Red ...
India Became World's Top Long-Term LNG Buyer in 2025, GIIGNL Says
India emerged as the world’s most active long-term LNG buyer market in 2025 with a total of 8.4 million tons per year contracted, according to the annual 2026 report of the International Group of LNG ...
Houthis Force Saudi Oil Tankers To U-Turn in Red Sea
Shipping disruption: Houthi threats forced two Saudi oil tankers to turn around in the Red Sea as Hormuz traffic slowed sharply after more tanker attacks. Escalation in Gulf: Iran claimed strikes on i ...
IMF Flags Higher Oil Price As Key Risk to India’s GDP Growth
India’s economic growth for the 2026/2027 fiscal year could be lower than previously expected amid higher oil prices with the re-escalation of the Middle East war and the El Nino weather phenomenon, a ...
Trump Vows Tehran Will 'Pay' As U.S. Strikes Iran for 10th Consecutive Night
Renewed fighting between the United States and Iran entered its second week early Tuesday, with U.S. Central Command confirming a 10th consecutive night of strikes on Iranian command centers, missile ...
Ryanair Profit Falls 36% as Unhedged Jet Fuel Costs Double
Ryanair shed more than a third of its profit as rising jet fuel prices triggered by the Iran war began to take effect. The budget airline had previously insulated itself from rising fuel prices by fi ...
Oil Prices Top $90 as Kuwaiti Tanker Hit in Strait of Hormuz
A Kuwait-owned oil products tanker was struck by a projectile in the Strait of Hormuz near Oman as tensions escalate around the key shipping lanes of the Middle East, sending Brent back above $90 per ...