Japanese Prime Minister Sanae Takaichi heralded her warm ties with US President Donald Trump in a White House meeting on Thursday, but the strain in the countries’ alliance was evident. Even as Trump praised Japan for joining several Western countries in pledging to help stabilize global energy markets, he said ...
Central banks raise the inflation alarmCentral banks raise the inflation alarm
Central bankers in major economies are voicing concerns about the risk of inflation stemming from the war in Iran. The US Federal Reserve Chair spoke of an accumulation of shocks — “the tariff shock, the pandemic, and now an energy shock” — that blunts progress on fighting inflation. The European ...
Treasury eyes lifting sanctions on Iranian oilTreasury eyes lifting sanctions on Iranian oil
Desperate to rein in oil prices as they broke $119 a barrel early this morning, the Trump administration teased new plans to free up additional supply. Treasury Secretary Scott Bessent told Fox Business his department may soon lift sanctions on “about 140 million barrels” of Iranian oil already in transit. ...
Netanyahu says Israel ‘acted alone’ in attack on Iranian gas fieldNetanyahu says Israel ‘acted alone’ in attack on Iranian gas field
Speaking at a news conference, the Israeli leader said Trump had requested that there be no further such attacks. ...
Nearly 100 ships pass the Hormuz Strait – who is getting through?Nearly 100 ships pass the Hormuz Strait – who is getting through?
Just under 100 ships have passed thorough the Strait of Hormuz since the start of March, according to data analysed by BBC Verify. ...
US considers lifting sanctions on some Iranian oilUS considers lifting sanctions on some Iranian oil
Treasury Secretary Scott Bessent broached waiving sanctions on oil already at sea, which would be a stunning reversal of longstanding American policy. ...
Denmark planned to blow up Greenland runways if US invaded, reports sayDenmark planned to blow up Greenland runways if US invaded, reports say
Denmark’s public broadcaster reports that the US operation to seize Venezuela’s leader sparked fears it would act against Greenland. ...
Teenager among first to be executed over Iran’s anti-government protestsTeenager among first to be executed over Iran’s anti-government protests
Saleh Mohammadi, a member of Iran’s national wrestling team, was found guilty of killing police officers alongside two other men, state media say. ...
Wall Street’s dealmakers face a temperature checkWall Street’s dealmakers face a temperature check
2026 was shaping up to be a bumper year for corporate mergers, with Washington rolling out the welcome mat and AI fears lighting a fire under CEOs. Can those animal spirits survive growing fears of an economic slowdown, higher inflation, war, and continued global chaos? We’ll get a gut check ...
Middle East crisis live: Israeli officials push back on US claim that Trump knew nothing about gasfield attackMiddle East crisis live: Israeli officials push back on US claim that Trump knew nothing about gasfield attack
Three Israeli officials tell Reuters that the US actually helped coordinate Israel’s attack on Iran’s South Pars gasfield A visual guide to the oil and gas site attacks in the Middle East Turning to Australia now, a petrol tsar will manage “unprecedented” supply issues caused by the Middle East conflict ...