Geo-Political
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Iran’s IRGC: Targeted 85 US military sites in Bahrain, Kuwait after ceasefire breach
The Iranian Islamic Revolutionary Guards Corps (IRGC) said on Wednesday that it “targeted 85 US military sites in Bahrain and Kuwait following…
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Oil Jumps on Fresh US Strikes Against Iran
Crude oil surged above $72 per barrel on Wednesday and was up more than 5% so far this week, after…
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EU Gas Prices Climb Amid Renewed Middle East Tensions
European natural gas prices climbed to €48.7 per MWh on Wednesday, building on strong gains from the previous session as…
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WTI rises above $69.00 as Iran strikes commercial vessels in Hormuz
WTI gains ground following renewed geopolitical tensions in the Strait of Hormuz. Iran fired at least two missiles at commercial…
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Iran strikes commercial ships in the Strait of Hormuz
Bloomberg carried a story by an Axios reporter late Monday, citing a US official, that Iran fired at least two missiles at…
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Iran confirms Strait of Hormuz service fees, rejects third-part intervention
Speaking at the World Peace Forum in Beijing on Saturday, Iran’s ambassador to China, Abdolreza Rahmani Fazli, said that Tehran…
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World Food Prices Fall for 2nd Month
The FAO Food Price Index fell for a second month to 130.3 in June 2026 from 130.8 in May. Cereals…
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Tech Sell-off in Korea, Yen Hits 40-Year Low Ahead of NFP
Asian trading was dominated by a violent rotation out of AI/tech stocks, hitting the KOSPI and Nikkei well before the…
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The defense industry is recouping losses – is this a trend change?
European and U.S. defense companies are reporting further orders that point to sustained demand for military equipment. After many months…
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The Week Ahead
Key takeaways Oil markets calm after renewed flare up in Middle East tensions The AI trade stabilizes Tech sell off…
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