Bahrain and Kuwait launch first direct strikes on Iran, raising oil risk premium
Bahrain and Kuwait launched direct military strikes on Iranian targets in July 2026, the first offensive action either Gulf state…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Iran-US airstrikes drive Bitcoin sell-offs and record Polymarket volumes
Iran says US airstrikes have killed 59 people and wounded 666 since June 27, and the escalating conflict is rippling…
Russia launches record 948-drone barrage on Ukraine, its largest of the war
Russia fired 948 drones at Ukraine in a single 24-hour period, what Ukrainian officials call the most extensive aerial assault…
Trump revives 1974 Trade Act to keep tariffs alive after courts strike them down
The Trump administration is fighting to keep its import tariffs alive after the Supreme Court and a trade court struck…
Trump’s new tariff regime lowers rates for Europe and raises Brazil’s to 17.7%
Trump's new Section 301 tariff regime, replacing levies the US Supreme Court struck down earlier this year, leaves European exporters…
