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US re-imposes sanctions on Russian oil after global market stabilizes
US authorities did not extend the Treasury Department’s (OFAC) temporary license that had exempted transactions in Russian oil shipped before April 17, 2026, from restrictions. From that moment, blocking sanctions...
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Return of China to oil market inflicts shock on global economy
A rapid ramp‑up in China’s oil imports following the resumption of navigation through the strategic Strait of Hormuz could become a new inflationary shock for global markets. That warning...
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JPMorgan warns Brent may drop to $70 as Strait of Hormuz reopening boosts supply
Global crude oil prices could fall sharply in the coming weeks as preliminary peace arrangements between the US and Iran advance. According to a forecast by Karen Ward, chief market...
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China’s government debt tops 100 trillion yuan for first time
China’s aggregate government debt has hit a record high and for the first time exceeded the psychological threshold of 100 trillion yuan (about $14.77 trillion). RIA Novosti, citing Chinese financial...
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Goldman Sachs assesses impact of World Cup on US economy
The 2026 FIFA World Cup, being held across the United States, Mexico, and Canada, will have a short‑term invigorating effect on the US economy. In a special study, analysts...
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World Bank warns global growth may slow to 2.5% in 2026 amid Middle East war
The World Bank (WB) sharply downgraded its outlook for the global economy, warning that a large‑scale armed conflict in the Middle East will slow world economic growth to 2.5%...
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Elon Musk’s wealth nears $1 trillion after SpaceX IPO valuation
Elon Musk, the founder of SpaceX and Tesla, has come a step away from the historic status of the world’s first trillionaire. As Reuters reports, the trigger for the record...
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World Bank forecasts rise in average Brent price
The average annual price of benchmark Brent crude for 2026 is projected at $94 per barrel. This baseline scenario is set out in the latest Global Economic Prospects report prepared...
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Europeans face huge gas bills while other nations get rich on neural networks
Since the start of the Middle East conflict, European stock indices have lagged global markets by 7%. Goldman Sachs analysts attribute this poor performance to a triple...
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US tariff drive fails to bring factories home and increases import reliance
A broad US tariff campaign has not produced the promised reshoring of manufacturing. A year after the introduction of steep duties, Morgan Stanley analysts conclude that the American economy...
