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Oil steadies as Middle East supply rebounds

Oil prices steadied on Wednesday as Middle East crude exports approached pre-war levels, with restored Saudi pipeline flows easing immediate supply concerns despite continuing geopolitical risks around the Strait of Hormuz. The more-active December Brent contract traded near $96 a barrel after falling 1.7% in the previous session, while US West Texas Intermediate hovered around $90. Prices later edged higher after US President Donald Trump rejected reports […]

Diesel’s record run exposes the world’s refining bottleneck

President Trump says the White House is considering a ban on US diesel exports “very seriously”. This is a huge threat, but behind the threat sits a problem no export ban can solve: the world can’t refine enough fuel. A barrel of crude does nothing for a truck or a cargo ship until a refinery has processed it. Oil in the ground or on a tanker counts […]

Oil steadies as Saudi pipeline restores export route

Arabian Post Staff -Dubai Oil prices steadied near $105 a barrel on Tuesday as Saudi Arabia restored substantial flows through its East-West pipeline, easing supply concerns while stalled US-Iran diplomacy kept a risk premium embedded in the market. Brent crude futures for November traded around $105.50 a barrel after settling at $105.28 on Monday, while US West Texas Intermediate was near $93. Prices had risen earlier as […]

Republican candidates press Trump to end Iran war

Republican candidates in several closely contested US races are urging President Donald Trump to bring the war with Iran to a swift end, widening a party split as soaring fuel costs and voter dissatisfaction intensify pressure ahead of November’s midterm elections. The shift is most visible among Republicans who had previously supported Trump’s military campaign or opposed congressional efforts to restrain it. Mike Rogers, the Republican Senate […]

Iranian officials doubt US accord before November midterms

Iranian officials have privately voiced doubt that Tehran and Washington can reach an agreement ending hostilities and restoring normal traffic through the Strait of Hormuz before the US midterm elections in November, even as Qatari mediators pursue indirect negotiations in New York. The pessimism follows President Donald Trump’s rejection at the weekend of Iran’s seven-day proposal for reopening the waterway and restarting negotiations. Officials familiar with Tehran’s […]

Brazil Presidential Polls: Lula Faces Tough Fight Against Far-Right Bolsonaro

By Nitya Chakraborty Brazil is scheduled to hold its much-awaited presidential elections on October 4 this year. The incumbent leftist President Inacio Lula da Silva of the Workers Party is facing off the far-right candidate, Flabio Bolsonaro, in a tightly contested poll. Latest opinion polls give Lula a slight edge. If no one gets over […]

The article Brazil Presidential Polls: Lula Faces Tough Fight Against Far-Right Bolsonaro appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Iran Rehabilitates Itself At UNGA With President Pezeshkian’s Speech

By Anjan Roy Clearly under massive pressure to bring the war to a close and on honourable terms, Iran has utilised the United Nations General Assembly session in New York to turn the tables on the United States. The American blockade of the Strait of Hormuz and any exit for the Iranians into the broader […]

The article Iran Rehabilitates Itself At UNGA With President Pezeshkian’s Speech appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

California bars public officials from launching meme coins

California Governor Gavin Newsom has signed legislation prohibiting state and local public officials and certain government employees from issuing meme coins, while restricting crypto platforms from offering specified politician-linked tokens to California residents. Assembly Bill 2409, authored by Assemblymember Avelino Valencia of Anaheim, was signed on Sunday, September 27, after clearing both chambers of the state legislature without a dissenting final vote. The measure creates a statutory […]

Trump anticipates Iran talks despite rejecting truce terms

US President Donald Trump said on Sunday he expects negotiations with Iran to resume this week, keeping a diplomatic channel open after rejecting Tehran’s proposal for a seven-day process to halt fighting and reopen the Strait of Hormuz. Trump said US negotiators were likely to engage Iran again as Qatari mediators continued efforts to narrow differences between Washington and Tehran. The president said Iran wanted an agreement, […]

Iran holds firm on seven-day Hormuz terms

Arabian Post Staff -Dubai Iran maintained its conditions for reopening the Strait of Hormuz under a seven-day plan on Sunday, as US President Donald Trump rejected Tehran’s terms but said he expected negotiations to resume this week. Iranian Foreign Minister Abbas Araghchi said Tehran would not dilute demands tied to reopening the strategic waterway, while insisting diplomacy remained possible. Iran is awaiting a definitive US response through […]

Gates presses Congress for mandatory AI safeguards

Bill Gates has urged Congress to impose mandatory safeguards and monitoring on advanced artificial intelligence, arguing that voluntary industry controls are inadequate as increasingly capable systems raise cybersecurity and other catastrophic risks. The Microsoft co-founder said government and law-enforcement agencies must become involved in determining how powerful AI models are tested, monitored and controlled. Speaking in a taped NBC Meet the Press interview aired on Sunday, Gates […]

China commits to US coal purchases after summit

China has agreed to buy at least 10 million metric tonnes of US coal in 2027 and the same amount in 2028, adding a concrete energy commitment to a wider package reached during President Donald Trump’s talks with President Xi Jinping in Washington. The White House disclosed the coal pledge after Xi’s three-day state visit, alongside an agreement to pursue more favourable tariff treatment for $30 billion […]

AI Rivalry Eclipses Safeguards And Regulation At Trump-Xi Summit

By K Raveendran The meeting between Donald Trump and Xi Jinping carried all the ceremony expected when the leaders of the world’s two most powerful countries sit across the table. On artificial intelligence, however, the encounter produced little that matched either the scale of the technology’s advance or the urgency surrounding its risks. The two […]

The article AI Rivalry Eclipses Safeguards And Regulation At Trump-Xi Summit appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

India’s Russian Oil Dilemma Is Bigger Than Just 100 Percent Tariff

By R. Suryamurthy The most consequential question arising from Washington’s latest sanctions legislation is not whether the United States can impose a 100 percent tariff on countries buying Russian oil. It is whether India can continue to conduct an independent energy policy when access to its largest export market is increasingly being linked, directly or […]

The article India’s Russian Oil Dilemma Is Bigger Than Just 100 Percent Tariff appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Trump targets $810 million in congressionally approved spending

President Donald Trump has moved to cancel $810 million in spending authorised by Congress, invoking a disputed budget mechanism days before the federal fiscal year ends. The White House announced the package on Friday, saying the administration was using a “pocket rescission” to eliminate unspent money across 11 funding accounts at seven departments and agencies. The largest reduction is $567 million from Health and Human Services programmes […]

After the FOMC: my macro convictions for 2027

Matein Khalid Any macro crystal-ball gazer must learn to swallow crushed glass – this is a lesson I learned the hard way on Wall Street. My strongest prediction is that the diesel shock I outlined in my previous AGBI column will reshape the political and economic destiny of our world this winter. Diesel has now risen to $6.50 a gallon, and the crack spread is a lethal […]

President Xi Dominates US-China Summit, But Trump Has His Winning Cards

By Nitya Chakraborty Donald Trump-Xi Jinping summit on September 24 in Washington has not led to a major breakthrough in resolving the issues of bilateral trade, AI’s future, West Asia wars and Taiwan’s fate, but the visible bonhomie between the two leaders has laid the ground for a firm understanding that the world’s two biggest […]

The article President Xi Dominates US-China Summit, But Trump Has His Winning Cards appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

UNGA 81 Day 3: Gaza, Iran War And The Limits Of Multilateral Diplomacy

By Ashok Nilakantan Ayers NEW YORK: September 24, 2026, the third day of the high-level General Debate of the 81st UN General Assembly, turned the UN podium into something of a geopolitical courtroom on Thursday, with Iran’s war with the United States and Israel, Gaza, terrorism, sovereignty and the credibility of the international system crowding […]

The article UNGA 81 Day 3: Gaza, Iran War And The Limits Of Multilateral Diplomacy appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

UNGA 81: India Positions Itself As A Bridge Across A Fragmenting World

What global investors want from Xi’s Washington summit

Global investors go into Thursday’s talks between Donald Trump and Xi Jinping with one overriding demand. They want predictability, and they want it with a long runway attached. Markets have already placed a bet on a calm outcome. Wall Street’s benchmark index climbed 1.5% this week to post its best session since early August, while the main US tech index notched its first record close since June. […]

Iran submits ceasefire roadmap tied to Hormuz reopening

Arabian Post Staff -Dubai Iran has presented the United States with a proposed regional ceasefire framework that would halt attacks on Arab states, gradually reopen the Strait of Hormuz and set a timetable for broader negotiations aimed at ending the conflict, according to officials briefed on the diplomatic effort. The proposal, conveyed during talks around the United Nations General Assembly in New York, envisages a ceasefire lasting […]

US, China prolong trade truce through January

The United States and China have agreed to extend their trade truce by two months, keeping the arrangement in place until January 10 as President Donald Trump hosts Chinese President Xi Jinping in Washington for a state visit and a new round of talks. US Treasury Secretary Scott Bessent announced the extension after meeting Chinese Vice Premier He Lifeng in Washington on Wednesday, saying the extra time […]

Federal judge restores access for three barred outlets

A federal judge has temporarily restored White House access to journalists from CNN, MS NOW and Politico, finding that President Donald Trump’s ban on the three news organisations was likely unconstitutional. US District Judge Timothy J. Kelly issued a temporary restraining order early Thursday directing senior administration officials to immediately return and reinstate the outlets’ White House hard-pass credentials. The order blocks enforcement of the ban for […]

Pezeshkian conditions Hormuz access on sanctions relief

Iranian President Masoud Pezeshkian said Tehran would not guarantee unrestricted navigation through the Strait of Hormuz while US sanctions and a naval blockade remain in force, hardening Iran’s position as diplomatic contacts with Washington resume in New York. Addressing the United Nations General Assembly on Wednesday, Pezeshkian said Iran could not accept a system in which other countries benefited from the strategic waterway while Tehran itself faced […]