
Oil Prices Retreat as Markets Await Tougher Iran Sanctions
Aug 24, 2026 02:48 am UTC| Economy
Oil prices pulled back on Monday as traders locked in profits following two weeks of strong gains, while markets remained focused on looming U.S. sanctions against Iran and the risk of further supply disruptions in the...

Trump Vows Tougher Iran Sanctions as US Weighs New Economic Pressure
Aug 23, 2026 00:54 am UTC| Politics Economy
U.S. President Donald Trump has pledged to intensify economic pressure on Iran as Washington prepares measures that Treasury Secretary Scott Bessent says could be unprecedented. Bessent is scheduled to hold a press...

ING Says Yen Is 20% Undervalued Against Dollar
Aug 23, 2026 00:49 am UTC| Insights & Views Economy
The Japanese yen remains roughly 20% undervalued against the U.S. dollar, according to ING analysts, who believe recent U.S.-Japan currency intervention and potential Bank of Japan policy changes could support a...

Canada Announces Dollar-for-Dollar Retaliation Against 50% U.S. Tariffs
Aug 23, 2026 00:47 am UTC| Politics Economy
Canada will impose retaliatory tariffs matching new U.S. trade duties dollar for dollar starting Sept. 8, Prime Minister Mark Carney said Saturday, escalating trade tensions after negotiations between the two countries...

Merz Pushes Faster Reforms to Revive German Economy
Aug 23, 2026 00:44 am UTC| Politics Economy
German Chancellor Friedrich Merz is preparing to press his cabinet to accelerate economic reforms designed to reduce pressure on businesses, stimulate growth and protect jobs in Germany, according to a report by Bild am...

Iran Allows Iraqi Oil Tankers Through Strait of Hormuz
Aug 23, 2026 00:41 am UTC| Politics Governance Economy
Iran has approved the passage of several Iraqi oil tankers through the Strait of Hormuz after repeated requests from Baghdad, offering limited relief as regional tensions continue to disrupt one of the worlds most...

China opens new Arctic trade route – but obstacles will prevent its wider use
Aug 22, 2026 15:22 pm UTC| Insights & Views Economy
Sea Legend, a Chinese shipping line, recently announced it was launching a regular container service between China and Europe via the Arctic. The announcement follows a trial crossing in 2025 that saw a container ship...