Iran Used Chinese Spy Satellite To Target US Bases During War, Outraged Beijing Denies

Goldman's Global Affairs Chief Warns Of Middle East Spillover Threats West Texas Intermediate crude futures spiked as high as $111 a barrel on Sunday evening as the deepening Middle East conflict sent panic through oil markets, with supplies from key Gulf producers going offline and the Strait of Hormuz remaining paralyzed into week two. The key question on some energy desks is whether this energy shock will force President Trump to scale back Operation Epic Fury in a TACO-style retreat by Tuesday with WTI in triple-digit territory. That is hard...

China's Debt Surpasses Europe For The First Time China’s government debt has surpassed the European Union’s for the first time, marking a major shift in the global debt landscape. Since the 2008 financial crisis, the U.S., China, and Europe have followed very different borrowing paths. While Europe kept debt growth relatively constrained, both the U.S. and China expanded rapidly—especially after 2020. The chart below, via Visual Capitalist's Niccolo Conte, visualizes annual government debt totals for the U.S., EU, and China from 1995 to 2025 in current U.S. dollars (not adjusted for inflation),...

The US military is preparing for the possibility of a sustained, weeks-long operation against Iran if President Trump orders an attack on the country, Reuters has reported, as the US continues to build up its forces in the region. The report, which cited two unnamed US officials, said a US attack on Iran could lead to a […]