Bessent Backs Financial Support for Oil-Rich U.A.E.
The Treasury secretary said that currency swap line would benefit both the United Arab Emirates and the United States. Source link
The Treasury secretary said that currency swap line would benefit both the United Arab Emirates and the United States. Source link
While Trump has described the blockade as highly effective, the continued flow of shipments points to the resilience of Tehran’s oil trade. (AI image) US President Donald Trump has called the US naval blockade of the Strait of Hormuz a ‘tremendous success’ but its limitations are increasingly evident. Despite the US naval blockade, at least…
Justin Sun, one of the largest backers of World Liberty Financial, sued the Trump family’s crypto start-up, accusing it of a fraudulent scheme to pressure him into buying digital coins. Source link
Russia’s share of India’s crude oil imports in March 2026 placed the month at the upper end of historical high. (AI image) In early March, India was staring at a possible crude oil supply problem – the US-Iran war caused the Strait of Hormuz through which 20% of global crude transits to be effectively closed….
Kevin M. Warsh, at his confirmation hearing to lead the Federal Reserve, sought to dispel doubts that he would yield to President Trump’s demand for lower rates. Source link
Wall Street began in green on Wednesday, lifted by news that US President Donald Trump had agreed to prolong the ceasefire with Iran, soothing fears of further escalation. As of 7:17 pm IST, Dow Jones was up 320 points or 0.65% to 49,469 while tech heavy Nasdaq jumped 200 points or 0.8% to reach 24,460….
Global jet fuel prices have jumped more than 70 percent since the start of the war, pressuring airlines in Europe, the largest consumers of jet fuel shipped through the Strait of Hormuz. Source link
Tech Mahindra closed FY26 with higher earnings and revenue, as the IT services firm reported a net profit of Rs 4,810.9 crore for the year, marking a rise of 13.15% taking the total to Rs 15,076 crore. The company’s revenue increased 7.2% year-on-year to Rs 56,815.4 crore.Compared with the previous quarter, revenue was higher by…
A law meant to end surprise medical billing accidentally created a multibillion-dollar industry that is making doctors richer. Source link
The petroleum and natural gas ministry amended the framework for the aviation turbine fuel (ATF) on Wednesday, formally allowing it to blend it with synthetic fuels. The measure is aimed towards bringing clarity to fuel standards amid growing use of alternative and blended aviation fuels.The revised notification redefines ATF to include not just conventional hydrocarbon…