geopolitics

Oil slips after Europe agrees to tap diesel reserves

Oil prices rose more than $4 a barrel on Thursday, Oct. 1. Reuters reported that Chinese refiners had stopped exporting fuel, and The Wall Street Journal News Corp reported that the United States was sending a third aircraft carrier and…

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Georgieva says IMF sees GCC economy shrinking in 2026

International Monetary Fund Managing Director Kristalina Georgieva met Gulf Cooperation Council finance ministers and central bank governors in Manama on Thursday, October 1. She praised the bloc's response to the war in the Middle East but warned that the conflict…

Hormuz LNG shipments reach highest level since Iran war

More liquefied natural gas cargoes left the Strait of Hormuz in September than in any month since the US-Israeli war on Iran started, according to ship-tracking data. Analysts said they are not sure the flow can last into winter.

S&P Global says Hormuz shock is worst since WWII

The effective closure of the Strait of Hormuz has caused the biggest disruption to global energy supplies since World War II, S&P Global said. The firm estimates the closure has cut crude oil and refined product supplies by 20% and…

Indian refiners send ships into Hormuz as oil flows rebound

JPMorgan Chase says crude oil shipments from the Middle East have recovered to 98% of pre-war levels, even though the region is still at war. The rebound comes as Iran considers a U.S. counterproposal for a seven-day ceasefire. On Wednesday,…

Russia calls European arms factories for Ukraine legitimate military targets

Russian Foreign Ministry spokeswoman Maria Zakharova declared on Wednesday that European factories producing weapons for Ukraine are "potential military targets" for Russia, escalating Moscow's rhetoric against NATO members over their support for Kyiv.

US completes troop withdrawal from Iraq after two decades

The last American troops are set to leave their remaining bases in Iraq on Wednesday, September 30, bringing to a close more than two decades of US military presence in a country where 4,500 Americans died and Washington spent trillions…

NATO denounces Russia’s nuclear threat over Kaliningrad

NATO on Tuesday firmly rejected a Russian warning that any military action against the Kaliningrad exclave could be met with nuclear force, calling Moscow's rhetoric "irresponsible" as tensions over the Baltic enclave continue to escalate.

Zelensky says Russia’s territorial demands dropped from peace talks

Ukrainian President Volodymyr Zelensky declared that the so-called "Anchorage agreements" — Russia's demands for recognition of its sovereignty over occupied Ukrainian territories — have been pushed off the peace negotiation agenda. Speaking at a meeting with the Ukrainian community in…

Saudi Arabia, Turkey, Pakistan activate defense pact amid Houthi barrage

The foreign ministers of Saudi Arabia, Turkey, and Pakistan met Thursday under the Mecca Joint Defence Agreement and announced plans for an urgent chiefs-of-staff meeting to coordinate support for the kingdom, as Yemen's Houthi rebels launched their most intense wave…

Scores of delegates walk out as Netanyahu addresses UN General Assembly

Israeli Prime Minister Benjamin Netanyahu addressed the United Nations General Assembly on Thursday to a hall of mostly empty seats, after scores of delegations rose and walked out in protest as he approached the podium.

Carney confirms Canada will move away from Starlink, F-35s

French President Emmanuel Macron on September 21 endorsed a proposal for Canada to become the European Union's first associate member, meeting Canadian Prime Minister Mark Carney on the archipelago of Saint-Pierre-et-Miquelon — a French territory just off Newfoundland's coast —…

HSBC moves board meeting from Dubai to London over Iran war safety concerns

HSBC has relocated an upcoming board meeting from Dubai to London due to safety concerns related to the ongoing war in Iran, the Financial Times reported on Wednesday.

Analyst warns oil market ‘credit card’ running out as Hormuz crisis deepens

Seven months after Iran blocked most traffic through the Strait of Hormuz, the cushions that have kept the global oil market from spiraling into a full-blown crisis are running thin. Analysts warn that strategic reserves are depleted, China's demand restraint…

Zelenskyy urges UN to choke Russia’s war revenues

Ukrainian President Volodymyr Zelenskyy told the United Nations General Assembly on Wednesday that the world must continue to strangle Russia's war funding, declaring that "Russia's revenues must remain a target" as the conflict grinds past the four-and-a-half-year mark.

Saudi crude exports hit four-month high amid Iran ceasefire window

Saudi Arabia's crude oil exports climbed to 4.125 million barrels per day in July, a roughly 3.3% increase from June and the highest level since March, according to data published Tuesday by the Joint Organizations Data Initiative (JODI). The rise…

Nvidia chip exports helped broker Armenia-Azerbaijan peace deal

Armenia, a nation of roughly 3 million people, is emerging as an unlikely center for American artificial intelligence infrastructure after the Trump administration authorized Nvidia chip exports to the country as part of US-brokered peace negotiations between Armenia and Azerbaijan.

Investors deepen cross-border AI bets ahead of Xi-Trump summit

As the United States and China race to build separate artificial intelligence supply chains, investors in both countries are quietly maintaining — and even deepening — their financial ties across the divide. The cross-border capital flows come into focus this…

Bank of America raises oil forecast, warns of $150 risk

Bank of America raised its second-half 2026 Brent crude forecast from $83 to $95 a barrel on Tuesday, warning that oil prices could surge past $150 if supply disruptions from the war in Iran persist into next year.

Trump tells UN that AI will now be called ‘super intelligence’

President Donald Trump told the United Nations General Assembly on Tuesday that US government documents would replace "artificial intelligence" with "super intelligence," calling the existing term misleading and pledging to accelerate rather than restrain the technology's development.

UK and France warn of escalating Russian hybrid warfare threat

Britain's most senior military officer has warned the country is living through its most dangerous security period in decades, as European leaders sound increasingly urgent alarms over Russia's expanding campaign of sabotage, cyberattacks, and hybrid warfare against the West.

WEF survey: Middle East war is top threat to global economy

Geopolitical uncertainty driven by the ongoing war in the Middle East poses the greatest risk to the global economy, far outweighing concerns over asset bubbles or trade disruptions, according to the World Economic Forum's September Chief Economists' Outlook released Tuesday…

Oil drops as Iran offers to reopen Strait of Hormuz

Oil prices fell on Tuesday after reports emerged that Iran had offered to reopen the Strait of Hormuz within seven days, conditional on the United States taking initial steps to reduce military pressure. The proposal, first reported by Kyodo News,…

DeepSeek to brief UN Security Council on AI risks

Chinese artificial intelligence startup DeepSeek will be among the companies briefing the United Nations Security Council on the risks posed by AI, Reuters reported on Tuesday, in a rare appearance by a Chinese tech firm at one of the world's…

Crude oil snaps 4-day slide on hopes for US-Iran talks at UN

Crude oil prices edged higher in early Asian trading on Tuesday, September 22, snapping a four-day losing streak, as markets weighed the prospect of diplomatic engagement between the United States and Iran on the sidelines of the United Nations General…

Oil drops for fourth straight day as Saudi exports recover

Oil prices fell for a fourth consecutive session on Monday, with Brent crude settling at $100.34 a barrel — down 3.4% — and West Texas Intermediate dropping 4.5% to $95.78, as recovering Saudi Arabian exports and the prospect of US-Iran…

North Korea tests new hypersonic missile as Kim warns of ‘incurable headache’ for enemies

North Korea said it successfully tested a new combat weapon system on September 20, with leader Kim Jong Un and his daughter Kim Ju-ae overseeing the launch, the state-run Korean Central News Agency reported on September 22.

Saudi Aramco ramps up Gulf shipments as pipeline disruption reshapes oil flows

Saudi Aramco has halted crude oil deliveries to European and Indian refineries for October after drone strikes forced the shutdown of Saudi Arabia's East-West pipeline, disrupting a critical export route and reshaping global oil flows.

Oil slides from $100 spike as Hormuz flows hit 6-month high

Crude oil prices pulled back sharply on Monday as traders reassessed the geopolitical risk premium that has driven months of volatility, with a U.S. military command report of rising oil flows through the Strait of Hormuz helping ease supply fears…

Global diesel shortage expected to last into 2027

A global diesel shortage driven by the wars in Iran and Ukraine is unlikely to ease before next year, according to storage market data and industry participants, extending a fuel-cost spike that is straining economies from the United States to…