$100 Oil Is Solving Russia's Budget Problem

The Oil Shock Is Weakening India's Economy and Finances By Tsvetana Paraskova of OilPrice.com India is scrambling to contain the economic and financial impact of the worst oil supply disruption in history as analysts say the high oil prices would continue to weigh on the Indian currency, economic growth, and public finances as long as supply is choked at the Strait of Hormuz. More than three months after the Iran war began, investment banks, brokerages, rating agencies, and even India’s central bank are lowering economic growth forecasts, while the government intervenes to...

Israeli forces killed at least 119 Palestinians in Gaza in May, marking the highest monthly death toll of the year, Middle East Eye reported on Wednesday, citing numbers from Gaza’s Health Ministry. Israel has been constantly violating the US-backed ceasefire deal that was signed in October 2025 and has intensified its attacks after the US […]

Microsoft Plans Thousands Of Job Cuts As Stock Suffers Worst Start In Years Microsoft shares are on track for one of their worst starts to a year in two decades, down roughly 21% year to date as of Tuesday’s close, as a cloud and sales hiring freeze and a broader “reset” of the Xbox unit have made recent headlines. This comes on top of growing concern over Microsoft’s AI spending boom. Like much of the technology sector, Microsoft and other tech giants became labor-heavy after years of overhiring before and during...