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News
Rising Oil Shipping Costs Spur Market Uncertainty as Brent Soars
13+ min ago (625+ words) Monday, 14 September 2026 Brent crude tops $107 as Houthis tighten grip on Bab el‑Mandeb, raising shipping costs amid pipeline shutdowns; markets now sharply price in a Fed rate hike ahead of this week’s meeting, while geopolitical and supply pressures weigh on…...
Dollar Steady, Yen Near 7-Month High Before Fed and BOJ Decisions
4+ hour, 8+ min ago (693+ words) Monday, 14 September 2026 The dollar remained steady while the yen neared a seven‑month high ahead of this week’s key Fed (Sept 15–16) and BOJ (Sept 17–18) meetings. Rising oil prices, surging Treasury yields, and expectations of policy tightening in both markets supported…...
Strait of Hormuz Diplomacy Falters as Oil Supplies Threatened
6+ hour, 1+ min ago (863+ words) Sunday, 13 September 2026 A strategically crucial meeting between Iran and Gulf states in Oman, intended to manage shipping through the Strait of Hormuz, was postponed “in the interests of consensus,” even as regional energy chokepoints face intensified disruption. Diesel prices in…...
Asian Shares Fall as Oil Prices Climb and Rate Hikes Loom
6+ hour, 15+ min ago (626+ words) Sunday, 13 September 2026 Asian share markets dropped as oil prices surged on Middle East tensions and markets ramped up odds of U.S. and Japanese rate hikes, fueling inflation concerns and putting pressure on equities. SYDNEY, Sept 14 (Reuters) - Share markets slid in Asia…...
Oil Prices Jump Over $3 After Strikes on Saudi Arabia and Gulf Ships
6+ hour, 44+ min ago (112+ words) Sunday, 13 September 2026 Oil prices surged early Monday, with Brent crude jumping $3.62 (3.46%) to $108.23 and WTI up $3.15 (3.15%) to $103.20 per barrel, driven by fresh strikes on Saudi energy infrastructure and ships near the Strait of Hormuz, exacerbating global supply concerns. BEIJING, Sept 14 (Reuters)…...
UK PM Burnham to Meet Business Leaders on Economic Growth Plans
7+ hour, 53+ min ago (235+ words) Sunday, 13 September 2026 UK Prime Minister Andy Burnham will convene top business leaders—including from HSBC, BP, Vodafone—to discuss economic growth, infrastructure via devolution and innovation, while delaying a decision on the Jackdaw gas field until after the Holborn and…...
Middle East Attacks Escalate Oil Disruption, Test Market Nerves
16+ hour, 9+ min ago (984+ words) Sunday, 13 September 2026 New attacks on oil infrastructure and vessels in the Gulf escalated tensions on September 13, 2026, worsening disruptions to global energy supplies. U.S. diesel prices meanwhile surged past $6 per gallon, reflecting mounting inflationary pressure. By Mohammed Ghobari and Nayera Abdallah ADEN…...
Canada Considers Associate Membership in EU Amid US Trade Tensions
17+ hour, 53+ min ago (387+ words) Sunday, 13 September 2026 Canada’s Prime Minister Mark Carney is exploring a novel “associate member” status with the EU amid escalating U.S. trade tensions, aiming to deepen economic and security ties without full membership. BRUSSELS, Sept 13 (Reuters) - Canada's Prime Minister Mark…...
Anthropic CEO Calls for Slower AI Model Development Amid Misuse Fears
1+ day, 6+ hour ago (855+ words) Sunday, 13 September 2026 Anthropic CEO Dario Amodei urged AI firms on Sept 12, 2026 to slow development of model capabilities, proposing a three‑step safety framework amid alarming reports of misuse of Claude models in espionage, weapons, surveillance and biological research. Sept 12 (Reuters)…...
Larry Ellison Cancels $7.5B Oracle Stock Sale Amid Market Concerns
22+ hour, 40+ min ago (328+ words) Sunday, 13 September 2026 Oracle said on September 12, 2026, that Larry Ellison has canceled a Rule 10b5‑1 plan to sell up to 50 million shares (about $7.5 billion) and sold none; no further sales are planned, alleviating some investor concern amid heavy AI‑driven capital spending…...