Trump Warns Oman Over Strait Of Hormuz Talks
Trump told Fox News that informal contacts with Iran’s Revolutionary Guard were underway but said Washington was not rushing toward a deal.
Trade
Americans Could Pay More For Strawberries As US Probes Mexican Imports
The Commerce Department is examining a trade complaint filed by Strawberry Growers for Fair Trade, a coalition of Florida producers
Hormuz Traffic Falls 90% Ahead Of US-Iran Ceasefire Deadline
Only five cargo vessels crossed the strategic waterway Saturday, according to Kpler data cited by Reuters
US Trade Representative Warns Canada To Drop Retaliatory Measures
He said the United States views the removal of those measures as an important condition for avoiding additional tariffs.
Why Is Washington Demanding EU Deliver On Trade Commitments
U.S. Ambassador to the EU Andrew Puzder urged Brussels to honor commitments made during trade negotiations with President Donald Trump in 2025.
U.S. Threats Against Iran Push Treasury Yields Higher
The 10-year Treasury yield rose 2 basis points to 4.661%, while the 2-year yield gained more than 1 basis point to 4.152%
Iran Pushes Deeper BRICS Ties Amid Sanctions And Economic Turmoil
Central Bank of Iran Governor Abdolnasser Hemmati said Thursday that Tehran expects to join the BRICS New Development Bank
US Consumer Prices Increase As Expected In July
The Consumer Price Index edged up 0.1% last month after dropping 0.4% in June, which was the first decline in six years, the Labor Department’s Bureau of Labor Statistics said on Wednesday
US Wholesale Inflation Slows Sharply In July
Producer prices rose 4.7% year-over-year, down sharply from 5.5% in June
Russian Grain Exports Threatened After Ukrainian Black Sea Strikes
Russian authorities said three people, including an eight-year-old child, were killed and 24 injured
US Consumer Prices Rise 0.1% In July, Matching Forecast
The Consumer Price Index increased 0.1% on a seasonally adjusted basis, while core CPI, which excludes food and energy, climbed 0.2%
Which Risks Are Emerging As The US Oil Reserve Hits A 1983 Low
Oil prices also climbed, with West Texas Intermediate reaching about $82.13 a barrel and Brent crude rising to roughly $87.72.
Trump Turns To Economic Pressure As Hormuz Crisis Deepens
Iranian officials, meanwhile, have demanded compensation, an end to fighting in Lebanon, the removal of the U.S. naval blockade and American troops from the region
Iran Rejects Trump's Claims Of Talks Amid Hormuz Shipping Slump
According to the report, regional tensions continue to escalate as shipping through the Strait of Hormuz and the Bab el-Mandeb has dropped sharply
What New Sanctions Has China Imposed Ahead Of The Xi-Trump Summit
Several American firms were added to its countermeasures list, preventing Chinese individuals and businesses from cooperating with them.
Why Did Oil Prices Rise After The Red Sea Tanker Attack
Brent crude rose more than 1.2% to $80.32 a barrel, while U.S. West Texas Intermediate futures gained 0.67% to $76.28