geopolitics

A leading ally of Italian Premier Giorgia Meloni endorsed a tax on windfall energy profits as the government prepares to extend measures to cushion the effect of the Iran war.

US equity futures rise after chipmakers rebound. US Treasury Secretary Scott Bessent's plans to isolate Iran risks heightening tensions between the US and China, Tehran's main trading partner. Billionaire investor Stanley Druckenmiller criticizes Bessent's plan to spend billions buying back US bonds

Russia is discussing extending its ban on diesel exports, as Ukraine continues to strike the nation’s refineries at a record pace.

European shares climb on Iran sanctions relief, defence gains Reuters

In the current Russian leadership’s rather 19th — though increasingly 21st — century view of how the world works, lesser powers must defer to great ones or pay the price. The UK, a country in a category all of its own when it comes to Kremlin resentments, has just been warned that it’s in line for s

Beijing says it will take ‘all necessary measures’ if Washington expands crackdown on business with Tehran

US prepares to send diplomats back to Middle East embassies after Iran war evacuations, NYT reports Reuters

Rising national debt, the ongoing war in Iran, and the trade dispute with Canada are testing the United States’ global leadership. The post Threats to US global leadership are mounting: fiscally, militarily, and with allies appeared first on Atlantic Council.

US efforts to isolate Iran look more like business as usual than a game-changer.

Russia is weighing a suspension of the floating export duty on wheat, barley and corn through the end of 2026 as exporters face mounting logistics problems after Ukrainian attacks disrupted shipments through the Black and Azov seas.