geopolitics
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Baton Rouge to Melbourne: Iran war and rising prices upend jet fuel trade Reuters
The Russian invasion of Ukraine has failed to achieve any of its key goals, but this reflects Ukrainian strength rather than Russian weakness. Putin's army remains a formidable threat to Europe that must not be underestimated, writes Peter Dickinson. The post Ukraine’s battlefield success should not
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US and Iran reach deal but need Trump's final approval, Axios reports Reuters
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Gold edged higher after Axios reported that Iran and the US have reached a deal to extend a truce and work toward an agreement to end the war, pending final approval from US President Donald Trump.
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The dollar fell against all of its major peers after a report that the US and Iran reached an agreement to extend a ceasefire, pending the approval of President Donald Trump.
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US inflation firming as Iran war drives up prices Reuters
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Earnings estimates are surging and the growth of AI spending has served as a counterweight to the hit from Iran. Bob Doll, CIO at Crossmark Global Investments, joins for a discussion on equity resiliency and warning from the bond vigilantes. (Source: Bloomberg)
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The reshaping of the global economic system we are witnessing has entered an acute phase. This raises several questions. When will the world return to a more stable condition? No less importantly, what places will key countries occupy in the new configuration? To answer these questions, it is useful
Japan and Philippines elevate ties amid China security concerns
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Oil climbed after renewed attacks in the Persian Gulf, as traders await further signs of whether the US and Iran can reach a peace deal that would reopen the Strait of Hormuz.