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Oil and Aluminum Climb as Peace Push Ramps Up

Parts of Tehran lost electrical power after missile strikes on Sunday as Iran and its proxies lobbed attacks at US allies over the weekend and thousands more American military personnel moved into the region. Bloomberg’s Laura Davison reports on the latest.

US to allow Russian oil tanker to reach Cuba — NYT

According to the newspaper, the arrival of the Russian ship carrying energy supplies will help Cuba avoid running out of fuel for several weeks

Trump says he has 'no problem' with Russian oil tanker bringing relief to Cuba despite blockade

President Donald Trump said he has "no problem" with a Russian oil tanker off the coast of Cuba delivering relief to the island, which has been brought to its knees by a U.S. oil blockade.

US allows Russian oil tanker to reach Cuba amid blockade as Trump says island ‘has to survive’

The U.S. is reportedly allowing a Russian oil tanker to reach Cuba as President Donald Trump eases pressure on the island, saying countries "needs to survive."

Oil rises above $115 and Asia stocks slide as Iran war escalates

It comes after Iran-backed Houthi rebels in Yemen joined the conflict by striking Israel over the weekend.

China cracks down on ‘bone ash’ burials in empty apartments

Younger tenants do not mind dead neighbours if it drives down rents in a building

Oil rises above $116 a barrel as Iran accuses US of preparing invasion

Crude prices continue to climb as world faces its biggest energy crisis in decades.

Will the Iran war lead to food inflation?

Trump Says US Could ‘Take The Oil’ in Iran, Seize Export Hub: FT

President Donald Trump said he wanted to “take the oil” in Iran, possibly seizing the export hub of Kharg Island, the Financial Times reported.

Russian tanker approaches Cuba despite US oil blockade

Washington will not intercept a Russian oil tanker en route to Cuba, a US official told the NYT Read Full Article at RT.com

Sketching a recovery: China’s art market puts next-gen buyers in the frame amid slowdown

China’s art market is showing tentative signs of recovery despite economic pressures, according to UBS, which cited rising participation from the next generation of wealthy families. “We have been seeing a rebound, with more trips for auctions and purchases [in China],” said Amy Lo Choi-wan, chairma...

Oil price rises past $116 as Iran conflict worsens

Prices for Brent crude rise 3 per cent during early trading in Asia

Japan’s FX Chief Warns of ‘Bold’ Action After Yen Tops 160

Japan’s top currency official delivered his strongest warning yet to speculators, saying authorities may need to take bold action in the foreign exchange market if current conditions persist.

Yen Edges Away From Weakest Since 2024 Amid Intervention Risk

The yen edged away from its weakest level since July 2024 amid warnings that suggest Japan is prepared for potential intervention to support the currency.

Trump says he has "no problem" with Russian tanker bringing oil to Cuba

When asked if a New York Times report that the tanker would be allowed to reach Cuba was true, Mr. Trump said: "If a country wants to send some oil into Cuba right now, I have no problem whether it's Russia or not."

Japanese Stocks Drop as Iran Conflict Escalates, Oil Price Rises

Japanese stocks declined after concerns over the escalating Iran war and climbing oil prices hit risk appetite as the conflict enters its fifth week.

Won Fall May Prompt Action, Korea’s $1 Trillion Pension CEO Says

The South Korean won’s weakness against the dollar during recent market turmoil may require action to stabilize it, the chief of the nation’s largest pension fund said. Kim Sung-joo sat down in Seoul for an interview with Shery Ahn. (Source: Bloomberg)

Donald Trump says US could ‘take the oil in Iran’

US president tells the FT he is considering seizing strategic Kharg Island even as negotiations continue

US to allow Russian oil tanker to reach Cuba in possible lifeline for Caribbean island

The US is allowing ⁠a Russian tanker full of ⁠crude oil to reach Cuba, the ⁠New York Times newspaper reported on Sunday, possibly granting a lifeline to the Caribbean island amid a de facto oil blockade imposed by Washington. Ship tracking data showed the Russian-flagged tanker Anatoly Kolodkin on S...

Housing market ‘increasingly relying on a smaller pool of serious buyers’

Some early stage buyers are adopting a ‘wait and see approach’, Zoopla said.