Finance news

Current oil price: Oil prices are increasing significantly after Trump's statements about the Iran war

Oil prices are reacting with gains to Trump's new statements about the Iran war. US attacks, new sanctions and Iran's threatening backdrop are driving up prices.

Strait of Hormuz conflict: Trump on ceasefire with Iran: “I think it’s over”

After the recent escalation in the Persian Gulf, the future of negotiations between Iran and the US is uncertain. The US President says he no longer wants to have anything to do with Iran.

NATO summit: “I don’t want to do business with them” – US President Trump wants to stop trade with Spain

The US President announces a trade embargo against Spain at the NATO summit, also because the country criticized the Iran war. Brussels and Madrid protest.

NATO summit: “Absolutely necessary” – Rutte defends new US attacks on Iran

At the NATO summit in Ankara, the European member states want to convince US President Donald Trump of the sense of the military alliance. However, the meeting is overshadowed by new tensions over Greenland and Iran.

NATO summit in Ankara: They couldn't prevent the Trump show

The NATO partners wanted to tame US President Trump in Ankara. The dream shattered within hours. The Iran war is escalating, Trump is raging against Spain. Was everything in vain?

◇ unclassifiedchina · asia

Place your bets: Polymarket wades into Malaysia’s Johor poll

Days before Johor state heads to the polls, gamblers on the crypto-powered betting exchange that emerged as a barometer of political sentiment during the last US election have already called it. On Polymarket, bettors have priced Barisan Nasional (BN) as an overwhelming favourite to retain control of Malaysia’s southern gateway to Singapore. As of Wednesday afternoon, the coalition stood at a 92.8 per cent chance of winning the most seats in Saturday’s vote – dwarfing Prime Minister Anwar...

Middle East war: USA launches new wave of attacks against Iran

US Central Command says it has attacked more than 80 Iranian targets. Washington also revoked Tehran's important license to sell oil. Qatar previously blamed Iran for attacks in the Strait of Hormuz.

◇ unclassifiedchina · asia · iran

Donald Trump declares ceasefire with Iran is ‘over’

US President Donald Trump declared Wednesday that the ceasefire with Iran was “over”, delivering a blow to Tehran just hours after the US launched fresh military strikes on the Islamic Republic. “I think it’s over,” Trump told reporters on the sidelines of the Nato summit in Ankara when asked whether the ceasefire was “done”. “I don’t want to deal with them any more.” Trump dismissed further engagement with Tehran as futile. “It’s just a waste of time dealing with them,” he said, calling the...

◇ unclassifiedusa · europe · iran

NATO Secretary General defends allied contributions in US war against Iran

Mark Rutte expects allies to “reaffirm that Iran must never acquire nuclear weapons,” during meetings at the NATO Summit in Ankara today.

+++ Iran War +++: “It’s over” – Trump declares peace plan with Iran invalid

Markets react immediately to Trump's statements +++ Iran takes initial countermeasures +++ Rutte describes US attacks on Iran as “absolutely necessary” +++ The news blog.

+++ US customs policy +++: Trump orders trade stop against Spain – “terrible partner”

Trump threatens European states with tariffs because of digital taxes - EU rejects threat +++ EU MPs agree to implementation of US customs deal +++ The news blog.

◇ unclassifiedchina · asia · germany

Are the US’ AI models better than China’s? That may be beside the point

As another heatwave rolled across Europe, the warehouses emptied before the politics could catch up. Air conditioners and fans sold out across Spain, Italy and Germany, most of them Chinese. Fan sales in Spain alone on the retail platform of Alibaba Group Holding (which owns the South China Morning Post) nearly doubled last month while Midea Group’s air-conditioner sales in western Europe surged by over 70 per cent in the first six months of the year. A decade from now, such heatwaves may become

Artificial Intelligence: OpenAI releases new AI version

After the US security clearance, OpenAI is bringing the new AI models GPT-5.6 onto the market - with variants for performance and price-conscious people.

◇ unclassifiedmiddle-east · usa · iran

US Cancels Oil Waiver and Strikes Iran Anew

The U.S. carried out a new round of strikes in Iran targeting more than 80 sites and revoked a waiver allowing new sales of its oil, further imperiling a peace agreement after a series of attacks on ships in the Strait of Hormuz.

Oil and gas company: Exxon promises billions in profits thanks to high oil prices

The US company Exxon is benefiting from increased oil prices and better refining margins. Investors are hoping for a strong signal for the industry.

◇ unclassifiedgermany · europe · uk

Study: Germany benefits from US port fees against Chinese ships

New US port fees for Chinese ships hit many countries hard - but Germany can gain market share thanks to its independent fleet structure.

+++ Iran War +++: Rutte: US attacks on Iran “absolutely necessary”

Iran threatens to counterattack after US attacks +++ Missile alarm in Kuwait and Bahrain after US attacks against Iran +++ Iran condemns renewed US sanctions against oil sales +++ The news blog.

Cybersecurity: After US blockade – EU should react better to AI blocks

The US government has since ordered that access to two advanced AI models be blocked for foreigners. The EU Commission is responding with a plan for more AI security.

◇ unclassifiedchina · asia · taiwan

Enemy within? The dispute endangering Taiwan’s ‘T-Dome’ air defence plan

Taiwan’s flagship “T-Dome” air defence programme is facing possible delays to 2028 after budget disputes left one of its critical indigenous missile systems without a clear funding source. The island’s opposition-controlled legislature approved a reduced NT$780 billion (over US$24 billion) special defence budget in May, rejecting a larger NT$1.25 trillion package proposed by the government. Among the excluded projects was funding for the indigenous Chiang-Kong (Strong Bow) anti-ballistic missile

3d07/08⚠ war-conflict · 1/5

Texas Stock Exchange live in Dallas. Y'all Street takes on Wall Street

https://finance.yahoo.com/markets/stocks/articles/texas-stock-exchange-live-dallas-163127390.html Five tickers to be traded. I guess it’s a start. Anyone know any histories of other exchanges that opened recently (not necessarily US) and how they started and if they only opened with 5 tickers? Is this normal? submitted by /u/warrends [link] [comments]

Social◇ unclassifiedusa

Exclusive: Data protection advocate wants to overturn EU data agreement with the USA

Data protection activist Max Schrems wants to legally overturn the transfer agreement between the EU and the USA. A ruling by the US Supreme Court gives him a good chance of doing so.

Why America’s most advanced warships are struggling with fires and electrical faults

A Chinese military magazine has highlighted a spate of non-combat losses across the US Navy, claiming they have eroded the fleet’s capabilities and exposed “systemic pressure and shortcomings”. The report in Naval & Merchant Ships pointed to fires, electrical failures and propulsion issues on America’s most advanced warships in recent months. They include the USS Gerald R. Ford aircraft carrier, the USS Zumwalt destroyer, Nimitz-class carrier the USS Dwight D. Eisenhower and Arleigh Burke-class.

◇ unclassifiedchina · asia

Hong Kong universities snap up office and retail sites amid classroom crunch

At least six universities in Hong Kong have moved into office buildings or shopping centres over the past three years as classroom space has tightened amid rising non-local enrolment, according to the latest data. Among them is the Hong Kong University of Science and Technology (HKUST), which spent HK$345.4 million (US$44 million) in 2025 to acquire a 31,410 sq ft campus in Admiralty for its business school teaching centre. The university unveiled the centre on Tuesday on the fourth floor of...

◇ unclassifiedchina · asia · germany

South Korea loses Canada submarine deal but cements top-tier defence status

South Korea may have lost Canada’s multibillion-dollar submarine order, but analysts say its close-run contest with Germany has handed Seoul a different prize: proof that it can challenge one of the world’s traditional undersea warfare powers on a stage watched closely by defence buyers. Canada chose Germany’s Thyssenkrupp Marine Systems (TKMS) as the preferred bidder for a programme worth about US$40 billion to build up to 12 diesel-electric submarines, along with long-term maintenance and...

3d07/07

Charges against US dad who drove family off cliff dropped after mental health treatment

All charges against a radiologist accused of trying to kill his family in 2023 by driving his car off a cliff along the Northern California coast have been dismissed by a judge following his completion of a mental health programme. Prosecutors charged Dharmesh Patel, 45, with attempted murder after he drove his Tesla off a 276-metre (50ft) cliff along the Pacific Coast Highway known as “Devil’s Slide,” injuring his wife and two young children. All four survived the January 2, 2023, crash in what

3d07/07

FCC denies US firm with Chinese links approval to provide telecoms services

The US Federal Communications Commission ⁠said on Tuesday it is adding California-based Digitalsystem Technology to a list of companies posing risks to US national security, citing links to Chinese telecoms firms and its ownership by a Chinese national. The FCC also said ‌it was denying the Los Angeles-based IT company permission to provide international telecommunications services, saying it could be exploited by Chinese threat actors. “There is significant risk that the government of China and

3d07/07⚠ war-conflict · 2/5

Iran War: Despite ceasefire: US military reports attacks against Iran

After the attack on ships in the Strait of Hormuz, much is still unclear. For the USA, it is now clear who is behind it. Now the reaction follows.

3d07/07⚠ war-conflict · 3/5

US Army tests autonomous mass mine-laying

The Army’s Volcano mine dispenser can blanket 32 acres of terrain with up to 960 mines. Now, the Army is testing an autonomous version.

◇ unclassifiedusa · europe

3d07/07⚠ war-conflict · 3/5

At UN, Cuba rallies support against ‘cruel’ and ‘ruthless’ US blockade

Cuban Foreign Minister Bruno Rodriguez denounced the “ruthless” US embargo against the communist island during a UN General Assembly debate on Tuesday that took place despite diplomatic pressure by Washington to prevent it. “The government of the United States is carrying out against Cuba a multi-dimensional, non-conventional warfare that has already lasted for almost seven decades now and has become ever more cruel and more ruthless during the last seven months,” Rodriguez told the body,...