
Trump Administration Seeks Court Pause to Reinstate 10% Global Tariffs
May 12, 2026 04:08 am UTC| Economy Politics Law
The Trump administration has asked a U.S. federal court to temporarily pause a recent ruling that challenged the legality of the administrations 10% global tariff policy while the government continues its appeal process....

Trump Says Iran Ceasefire Near Collapse as Oil Prices Surge
May 12, 2026 03:53 am UTC| Politics Economy
U.S. President Donald Trump said the ceasefire between the United States and Iran is on life support after Tehran rejected key parts of Washingtons proposal to end the ongoing conflict. The latest tensions have raised...

Oil Prices Rise as Dollar Gains Ahead of Key U.S. Inflation Data
May 12, 2026 03:00 am UTC| Economy
Oil prices edged higher on Tuesday while the U.S. dollar strengthened as hopes for a breakthrough in reopening the Strait of Hormuz faded, increasing concerns over global energy supply disruptions. Investors also turned...

US Stock Futures Hold Steady Ahead of CPI Data and Iran Conflict Concerns
May 12, 2026 02:56 am UTC| Economy
U.S. stock index futures traded mostly flat on Monday evening as investors remained cautious ahead of the latest U.S. consumer inflation report and ongoing tensions in the Middle East. Market sentiment was also influenced...

Trump-Iran Tensions Keep Oil Prices Elevated Amid Hormuz Supply Fears
May 12, 2026 02:54 am UTC| Economy
Oil prices held firm during Asian trading on Tuesday after surging nearly 3% in the previous session, as renewed tensions between the United States and Iran raised concerns about global crude supply disruptions. Investors...

Gold Prices Hold Firm as Traders Watch U.S.-Iran Ceasefire and Trump-Xi Talks
May 12, 2026 02:53 am UTC| Economy
Gold prices remained largely stable during Asian trading on Tuesday as investors closely tracked developments surrounding the fragile U.S.-Iran ceasefire and awaited a high-profile meeting between former U.S. President...

Dollar Gains on Safe-Haven Demand as Iran Tensions and Inflation Data Loom
May 12, 2026 02:50 am UTC| Economy
The U.S. dollar strengthened slightly on Monday as investors turned to safe-haven assets following rising tensions between Washington and Tehran. Market sentiment remained cautious ahead of key U.S. inflation reports...