Iran Hormuz Warning Puts Fragile Shipping Recovery Back Under Strain
Iran has warned commercial ships against using unauthorized routes through the Strait of Hormuz, putting a fragile recovery in Gulf shipping back under pressure.
Economy
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India Pushes Back on Viral E20 Fuel Failure Claims
India's government is pushing back against viral claims that E20 petrol is causing widespread vehicle failures, defending the ethanol blending programme as tested, monitored and backed by science.
Fed Holds Rates Steady as Markets Wait for a Clearer Signal
The Federal Reserve left interest rates unchanged, giving investors a pause but not the clear policy turn many markets wanted.
US Inflation Jumps to 4.2% as Iran War Pressure Spreads
US inflation rose to 4.2% in May as energy costs linked to the Iran war kept pressure on households and the Federal Reserve.
Iran War Pushes US Gas Prices to $4.50 Average
US fuel prices moved sharply higher as the conflict with Iran disrupted energy markets and pressured household budgets.
Indian Petrol Prices Rise on Surging Global Oil Costs
Indian energy retailers implemented a sharp price correction for automotive fuels across major cities as global crude costs kept rising.
Senate Confirms Kevin Warsh as Federal Reserve Chair
Senate lawmakers confirmed Kevin Warsh as the next head of the Federal Reserve following a tense legislative session.
Asian Shares Slip as Oil Retreats From Iran Tension Spike
Asian shares fell and oil prices retreated Tuesday after Wall Street slipped from records and Iran tensions kept energy markets volatile.
Tech Giants Report Earnings in Market Stress Test
Meta Platforms executives face investors on April 26, 2026, during a week where five of the seven largest US technology firms reveal their financial health.
Iran War Strains Global Economy and US Midterm Hopes
Donald Trump and global financial leaders confronted a deepening fiscal crisis on April 26, 2026, because of the sustained disruption of Middle Eastern oil exports.
Artificial Intelligence Firms Chase Gigantic Power Access
Jensen Huang and Mark Zuckerberg sat before microphones on April 26, 2026, to discuss a reality that few software developers anticipated a decade ago.
Lionsgate Eyes $200 Million Opening for Michael Biopic
Lionsgate executives projected on April 25, 2026, that their latest production, "Michael," would generate more than $200 million during its global opening weekend.