The International Monetary Fund cut its 2026 global growth forecast to 3%, citing the energy shock from the US-Israel war on Iran, though AI-driven demand partly offset the slowdown. The IMF warned of…
The International Monetary Fund downgraded its global growth forecast to 3% for 2026, citing the energy shock from the Iran war and the closure of the Strait of Hormuz, but noted that booming investme…
The International Monetary Fund downgraded its 2026 global growth forecast to 3%, citing the Iran war's energy shock, but noted that AI investment is partially offsetting the damage. The IMF expects o…
The International Monetary Fund lowered its 2026 global growth forecast to 3.0%, citing risks from the Middle East war, trade fragmentation, and AI market corrections. Growth is expected to rebound to…
The International Monetary Fund downgraded its global growth forecast to 3% for 2026, citing the energy shock from the Iran war, but noted that AI investment is partially offsetting the impact. The U.…
Spain reaffirmed its strong ties with the United States amid President Trump's preliminary Iran deal, which reopened the Strait of Hormuz and caused oil prices to drop. Brent crude fell to $83.17 and …
The US military launched airstrikes against Iran after explosions were reported in southern Iran, including in Sirik, Qeshm Island, and Bandar Abbas. The US Central Command said the strikes were in re…
Israeli maritime AI and navigation startups are being positioned as tools to help ships navigate drone attacks and GPS jamming around the Strait of Hormuz, according to a July 7, 2026 opinion article …
The Iran war exposed Japan's heavy reliance on the Strait of Hormuz, through which it received over 93% of its oil imports, but Prime Minister Sanae Takaichi's administration responded by strengthenin…
The ISM report shows AI supplier-related commodities rising in price while oil prices decline, indicating AI infrastructure demand is replacing oil as the primary driver of commodity inflation. This s…
The BIS Annual Report highlights that the global economy showed surprising resilience in 2025 despite US tariff hikes and geopolitical shocks, driven by AI-related investment and sentiment. However, r…
A Gold Star family member argues that as Washington debates the Iran ceasefire deal, Americans must reckon with the human costs of failed diplomacy, including 13 U.S. deaths and over 380 wounded in th…
Crude oil prices fell over 4% to three-month lows after the US-Iran ceasefire extension, with Brent crude at $84.21 and WTI at $81.38 per barrel. The drop boosted European equities, which gained 13% i…
Iran's Deputy Foreign Minister Kazem Gharibabadi reiterated Iran's determination to control maritime traffic through the Strait of Hormuz, warning that Iran will proceed with its own plans if Oman doe…
The Bank for International Settlements warned that the AI frenzy is adding to risks for an already vulnerable global economy, citing energy supply shocks and strained public finances. The BIS noted th…
US President Donald Trump announced that peace talks with Iran will resume Tuesday in Doha, after both sides agreed to halt a series of tit-for-tat attacks over the Strait of Hormuz. The negotiations …
Minneapolis Federal Reserve president Neel Kashkari said Friday he has penciled in one interest rate hike by the end of the year, citing AI infrastructure build-out and inflation risks from the Iran c…
U.S. Vice President JD Vance met Iranian officials in Switzerland to advance a nuclear deal, but the agreement hinges on Israel ending its war in Lebanon against Hezbollah, a condition Iran insists up…
India's Foreign Minister Subrahmanyam Jaishankar proposed a five-step plan to reimagine global cooperation amid fragmentation, calling for resilient supply chains, stronger partnerships, and reformed …
Oil prices fell to pre-war levels on Thursday, with Brent crude dropping to $72.68 a barrel, as rising Middle East supply outweighed demand concerns. The decline followed a framework agreement to end …