FinNotes

10 matches across 1 sections

Market news & articles

Energy & Commodities · a day ago

Crude climbs over $1 after Iran says Strait of Hormuz is shut following fresh U.S. strikes

Oil prices rose by more than $1 after Iran said the Strait of Hormuz was closed following additional U.S. strikes on Iranian cities. The move raised concerns over Middle East supply flows, while the U.S. Energy Information Administration said lower 2026 demand could limit the impact of disruption on prices.

Geopolitics & Trade · a day ago

U.S. expands strikes on Iran as Trump warns of more action if no agreement is reached

The United States launched a second round of airstrikes on Iran early Thursday after Trump said additional attacks could follow if Tehran does not accept a deal. Iran responded with strikes toward Bahrain, Kuwait and Jordan, while negotiations remained unresolved and oil prices rose amid Strait of Hormuz tensions.

Geopolitics & Trade · 2 days ago

U.S. says fighter jets struck Iranian radar and air defense sites after Army helicopter incident near Hormuz

The U.S. military said it carried out strikes on Iranian air defense, ground-control and surveillance radar sites near the Strait of Hormuz after a U.S. Army Apache went down off Oman. Two crew members were rescued and were in stable condition. Iranian media reported explosions in Qeshm, Sirik, Bandar Abbas and near Jask.

Geopolitics & Trade · 2 days ago

Iran Reports U.S. Strikes on Water Facilities in Sirik Left 20,000 Without Drinking Water

Iran said U.S. strikes hit two water reservoirs in the Sirik area of southern Iran, disrupting drinking water supplies for about 20,000 residents, including villages in the Bamani district. Local authorities were assessing damage to the water infrastructure, according to reports citing Iranian officials and state media.

Geopolitics & Trade · 3 days ago

ICC chief prosecutor Karim Khan sidelined as member states weigh misconduct case

International Criminal Court chief prosecutor Karim Khan has been suspended after the court’s governing body referred him for disciplinary proceedings following an investigation into allegations of sexual harassment or misconduct involving an aide. Khan has denied wrongdoing. The Assembly of States Parties is set to hold a special session and vote on whether he can remain in office.

Geopolitics & Trade · 3 days ago

Airbus looks to form Germany-backed partnership after France-Germany fighter program is shelved

Germany and France have agreed to end their joint next-generation fighter program, which paired a core aircraft with drones and a classified combat-cloud network after months of uncertainty. Berlin and Paris are now focusing on a combat cloud linking aircraft, drones and sensors and may pursue separate national designs, prompting Airbus to seek new partners.

Geopolitics & Trade · 3 days ago

Xi visits Pyongyang for rare summit with Kim, pledging closer China-North Korea cooperation

Chinese President Xi Jinping arrived in North Korea for a rare visit to Pyongyang and met leader Kim Jong Un. Official readouts said both leaders reaffirmed plans to deepen cooperation and strengthen strategic ties, including safeguarding shared interests and sovereignty and security. The statements did not reference North Korea’s nuclear program.

Geopolitics & Trade · 3 days ago

Pentagon updates China military-linked firms list, reinstating Alibaba, Baidu and BYD

The U.S. Defense Department on Monday published an updated list of companies it identifies as Chinese military companies, including Alibaba, Baidu and BYD. The update replaces an earlier list from early 2025. Placement on the list can restrict access to U.S. defense contracts and related procurement activities.

Geopolitics & Trade · 4 days ago

India urges Iran-Israel de-escalation, calls for diplomacy and civilian protection

India’s Ministry of External Affairs said renewed hostilities in West Asia, including between Iran and Israel, have raised international concern. India called on all parties to de-escalate immediately, protect civilians, and return to diplomatic engagement. The statement cited continuing humanitarian and economic costs linked to the conflict.

Energy & Commodities · 4 days ago

Brent nears $97 and WTI tops $94 as Israel-Iran fighting and Lebanon strikes lift crude

Crude prices climbed more than 4% on June 8 as conflict escalated between Israel and Iran and Israel carried out strikes in Lebanon. Brent rose about $4 to around $97 a barrel and WTI gained about $4 to about $94. Reports cited concerns linked to disruptions around the Strait of Hormuz.