The U.S. military launched new strikes against Iranian targets around the Strait of Hormuz on Tuesday, U.S. Central Command said in a social media post, after a pair of oil tankers came under attack in the critical shipping route. The strikes come after President Donald Trump had reportedly been considering a CENTCOM plan for limited…
Canada’s Prime Minister Mark Carney speaks with the news media after he suspended trade negotiations with the United States, in Ottawa, Ontario, Canada August 22, 2026. Chris Tanouye | Reuters Canadian Prime Minister Mark Carney on Tuesday blasted the Trump administration for “doing memes” and “throwing shade” against his nation amid a growing trade war….
Government bond yields jumped across major markets Tuesday, with borrowing costs in Japan and the U.K. touching multi-decade highs, and U.S. Treasury yields surging, as renewed Middle East hostilities reignite inflation concerns. The key U.S. 10-year Treasury note yield moved to a 20-month high, rising 3 basis points to trade at 4.7880%. Japan’s benchmark 10-year…
BISHKEK, KYRGYZSTAN – AUGUST 31: Russian President Vladimir Putin (R) istens to Indian Prime Minister Narendra Modi (L) during the Shanghai Cooperation Organization Summit on August 31, 2026 in Bishkek, Kyrgyzstan. Contributor | Getty Images News | Getty Images Indian Prime Minister Narendra Modi has urged Russia to end the Ukraine war and for a…
Vessels near the Strait of Hormuz, as seen from Musandam, Oman, Aug. 31, 2026. Stringer | Reuters A tanker was struck by three unknown projectiles while transiting the Strait of Hormuz on Monday, stoking worries that the Middle East conflict could once again escalate. The tanker was sailing in the southern shipping lane close to…
Treasury Secretary Scott Bessent and Russian Finance Minister Anton Siluanov at the G20 Finance Ministers Meeting in Asheville, N.C. on Aug. 31, 2026. Courtesy: U.S. Treasury Department U.S. Treasury Secretary Scott Bessent reportedly told Russian Finance Minister Anton Siluanov that no sanctions relief or new agreements with Moscow were possible, as long as the war…
A Venezuelan flag waves in front of oil tanker on lake in Maracaibo, Venezuela on July 27, 2026. Jose Isaac Bula | Anadolu | Getty Images Venezuelan interim authorities have granted U.S.-backed North American Blue Energy Partners, or NABEP, 100-year concessions for 17 oil fields, with proven reserves of about 65 billion barrels, the White…
Drivers in the U.S. won’t see lower gas prices from President Donald Trump‘s massive oil deal with Venezuela because it will take years to significantly boost the country’s production, experts say. Trump announced Friday that the U.S. secured majority control over 65 billion barrels of Venezuela’s proven oil reserves, around 20% of the 303 billion…
Construction continues on a new helipad on the South Lawn of the White House and the East Wing ballroom on August 10, 2026, in Washington, DC. Andrew Harnik | Getty Images The Supreme Court said Monday that President Donald Trump can continue construction of his controversial White House ballroom as legal challenges to the project…
US President Donald Trump speaks before signing an executive order in the Oval Office of the White House in Washington, DC, on Aug. 10, 2026. Jim Watson | Afp | Getty Images President Donald Trump on Monday blasted communities that oppose new data centers as Republicans confront voter backlash over the projects ahead of November’s…
