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30 articles published

Algeria Votes to Send Troops to Niger

Breaking

Algeria Votes to Send Troops to Niger

Algeria's parliament voted on 25 October to send army units to Niger, the first such deployment since 1973 by Reuters' count. The stated aim is to protect Algerian energy interests; the larger stake is influence in the Sahel.

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26 October 20267 min read

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Hormuz: Washington Claims Control and Oil Is Flowing Again. The War Is Not Over.

US officials say 20 million barrels of crude are moving through the strait, close to pre-war levels, and that America "clearly controls" it. Gulf crude exports are indeed back near pre-war levels, but much of that oil now avoids the strait. Iran disputes the claim, attacks on ships continue every day, and Brent remains above $100.

9 October 20263 min

Hormuz: Washington Claims Control and Oil Is Flowing Again. The War Is Not Over.

Breaking

SpaceX Seeks $40 Billion in Debt to Buy Nvidia Chips

Elon Musk's rocket and AI group is in talks to raise one of the biggest debt financings of the AI boom, led by Apollo. The deal shows how the race for computing power is turning into a credit story, just as borrowing costs climb and warnings of a bubble multiply.

7 October 20262 min

SpaceX Seeks $40 Billion in Debt to Buy Nvidia Chips

Breaking

Turkey's Fund Crisis Reaches Erdoğan's Party

A deputy chair of the AKP has resigned after the opposition accused her of selling shares for 20 times what she paid, just before the market crashed. Nearly half a million savers are waiting to find out what they will get back.

29 September 20262 min

Turkey's Fund Crisis Reaches Erdoğan's Party

Breaking

Saudi Arabia cuts Europe Off October Crude

Aramco has told European refiners their October allocation is zero. The barrels have not disappeared. They have been rerouted, and Europe is on the wrong side of the detour.

19 September 20263 min

Saudi Arabia cuts Europe Off October Crude

Breaking

Report: Trump Strikes Secret Deal With Houthis to Keep Bab el-Mandeb Open

A social media account citing Reuters says US officials met Houthi representatives in Muscat, agreeing not to strike Houthi-held territory in exchange for keeping the Red Sea strait open to shipping. The reported deal excludes Saudi vessels and comes after Washington declined Saudi requests for air strikes. The claims could not be independently verified.

17 September 20262 min

Report: Trump Strikes Secret Deal With Houthis to Keep Bab el-Mandeb Open

Breaking

Bank of England holds Bank Rate at 3.75% as Middle East energy shock lifts inflation

The Bank of England's Monetary Policy Committee voted 6-3 on 17 September 2026 to keep Bank Rate at 3.75%, with three members seeking a rise to 4%. UK CPI inflation reached 3.1% in August and is expected to climb towards 4% as an energy shock tied to Middle East conflict feeds through, while the committee moved unanimously to wind its gilt holdings down to zero over a multi-year plan.

17 September 20263 min

The Bank of England's Threadneedle Street headquarters stands under grey skies as the institution holds interest rates steady.

Breaking

US Congress clears Graham Russia sanctions bill, sending it to Trump

The US House of Representatives voted 262 to 159 on Wednesday to pass the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which the Senate approved 86 to 11 in August. The bill grants the president power to impose tariffs of up to 100% on buyers of Russian energy such as China and India, and now awaits President Donald Trump's signature.

17 September 20263 min

US Congress clears Graham Russia sanctions bill, sending it to Trump

Breaking

Fed lifts rates to 3.75%-4% in first hike since 2023 as inflation bites

The Federal Reserve raised its benchmark rate by a quarter point on Wednesday 16 September 2026, its first increase in more than three years, in a unanimous 12 to 0 vote. Chair Kevin Warsh said inflation had been too high for too long, even as President Donald Trump renewed his demands for sharply lower rates.

16 September 20263 min

Fed lifts rates to 3.75%-4% in first hike since 2023 as inflation bites