U.S. Navy blockade cuts Iran’s oil exports as Trump shifts to economic pressure over Hormuz
Iran's crude exports have collapsed under a renewed U.S. naval blockade, and Washington is betting economic pressure succeeds where airstrikes…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Russia strikes Kyiv with waves of drones for second straight day
Russia hit Kyiv and its surrounding region with waves of drones for a second consecutive day on Friday, killing at…
Sberbank sees more Russian rate cuts and higher 2026 growth despite Ukrainian attacks
Sberbank's chief economist expects Russia's central bank to keep cutting its key rate this year, even as Ukrainian strikes disrupt…
Iran ties Strait of Hormuz reopening to end of Gaza, Lebanon and Syria wars
Iran's foreign minister says renewed talks with Washington remain possible, but Tehran ties any reopening of the Strait of Hormuz…
Kevin Warsh’s first Jackson Hole speech puts bond-market intervention in focus
Federal Reserve Chairman Kevin Warsh delivers his first Jackson Hole speech on Friday, and investors are watching less for rate…
