International relations, geopolitics, wars, major global shifts
The UAE has withdrawn from OPEC and OPEC+, citing insufficient support from Arab allies against Iranian attacks. The exit removes one of the group's largest producers, undermining OPEC+'s ability to manage global oil supply and prices. Markets will now watch whether the UAE pursues an independent output strategy.
The Trump administration is reviewing a peace plan linked to Iran that would reopen the Strait of Hormuz, with nuclear talks possibly deferred to a later stage. A deal on the strait alone could ease pressure on global oil prices, which are sensitive to any disruption in that shipping lane. No timeline or final terms
US-Iran talks stalled after Tehran offered to reopen the Strait of Hormuz in exchange for lifting sanctions and ending the war, while deferring nuclear talks. Trump indicated he was unhappy with the proposal, and the two sides clashed over the nuclear programme. The Strait of Hormuz handles a major share of global oil
The Bank of Japan held rates steady but three board members voted for a hike, signaling rising internal pressure to tighten. The dissent could shift expectations for yen direction and global carry trades. Markets will watch the next meeting for any sign the majority view is softening.
Cole Tomas Allen has been charged with attempting to assassinate President Donald Trump in connection with a press gala shooting. The federal charge is among the most serious offenses under US law and carries severe penalties. The case now moves to federal court.
A U.S. official says President Trump is unhappy with Iran's latest proposal to end a two-month war, cutting hopes for a quick resolution. The conflict has disrupted energy supplies and driven up inflation globally. No details of Trump's objections or Iran's proposal were made public.
Iran has reportedly offered the US a deal to reopen the Strait of Hormuz while keeping nuclear negotiations separate. The strait carries about 20% of global oil supply, so any disruption carries major market risk. The proposal follows the Trump administration's cancellation of planned talks in Pakistan.
China's National Development and Reform Commission has ordered Meta and Manus to cancel their US$2 billion acquisition deal. Manus is registered in Singapore but has Chinese founders, giving Beijing grounds to intervene. The move signals China will block AI-linked deals beyond its borders when it sees strategic
The U.S. and Iran are in active ceasefire talks as a Strait of Hormuz closure pushes gas prices higher and squeezes both economies. The standoff lands ahead of U.S. midterm elections, raising political stakes for Washington. No specific deal terms or timeline have been confirmed yet.
Pakistan fired mortars and rockets into Afghanistan on Monday, killing four and wounding 70, the Afghan Taliban government said. The attack threatens to collapse already fragile peace talks between the two countries. Pakistan has not publicly responded to the allegations.
Iran is offering a separate Hormuz strait deal to regional and global partners, independent of its nuclear negotiations with the US. The move is designed to build wider international support while indirect US talks remain stalled. Hormuz carries about a fifth of global oil supply, making any deal there significant for
The UN has warned that the US-Iran standoff at the Strait of Hormuz risks a global food emergency. The strait carries roughly 20 percent of world oil supply, and disruption there would drive up energy and food costs globally. Trump is currently reviewing a peace plan to ease tensions with Iran.
A U.S. official says President Trump is dissatisfied with an Iranian diplomatic proposal because it did not address Iran's nuclear program. The rejection signal raises doubts about near-term progress in U.S.-Iran negotiations. No timeline for further talks or a counter-proposal has been given.
Secretary of State Marco Rubio said the US will not tolerate Iranian control or toll collection in the Strait of Hormuz. President Trump met with top security advisors Monday to review an Iranian proposal tied to the waterway amid ongoing war negotiations. The strait carries roughly a fifth of global oil supply, making
Reports say Iran would reopen the Strait of Hormuz and pause nuclear talks if the U.S. lifts its blockade and ends the conflict. The strait carries about 20% of global oil, making any closure a direct threat to energy markets. The Trump administration has said its central goal is stopping Iran from obtaining a nuclear
A US-Israel military campaign against Iran is driving up fuel and food prices globally. The price shock puts an estimated 32.5 million people at risk of poverty, especially in import-dependent lower-income economies. The key variable is how long the conflict disrupts oil supply routes.
The US Supreme Court reinstated a Republican-backed Texas electoral map that a lower court had blocked. The move, supported by President Donald Trump, could flip key congressional districts to Republicans. The legal challenge to the map is still ongoing.
Trump rejected Iran's offer to reopen the Strait of Hormuz because it left the nuclear program off the table. The strait carries around a fifth of global oil supply, so an unresolved standoff keeps energy markets at risk. No timeline for further talks has been reported.
The White House confirmed President Trump discussed a new Iranian proposal with national security aides on Monday. The development signals some level of diplomatic communication between Washington and Tehran, with potential consequences for oil markets and regional security. No details of the proposal have been made
Pakistan and Afghanistan have both reported cross-border attacks, putting last month's ceasefire agreement at risk. The strikes are the first since the two sides agreed to halt violence at peace talks. A breakdown could disrupt fragile diplomatic ties and worsen security along a historically volatile border.