India Set To Miss Budget Deficit Target As Oil Shock Strains Public Finances

Crude Spikes On Israeli Report: Iran Parliament Speaker Ghalibaf Resigns From Negotiating Team After IRGC Intervention Summary Israeli media says Iran Parliament Speaker resigns from negotiating team under IRGC pressure, oil spikes. Trump orders US Navy 'shoot & kill' small Iranian boats amid concern over mines in Hormuz. Says US now "doesn't need a deal". Overnight, US military intercepted two more Iranian oil supertankers that tried to evade the blockade And in Indian Ocean US conducted a maritime interdiction and right-of-visit boarding of the sanctioned stateless vessel M/T Majestic X transporting oil from Iran. Media sources confirm based...

Initial Jobless Claims Continue To Signal No Labor Market Stress The number of Americans filing for unemployment benefits for the first time dipped last week to 215k (218k exp), continuing to show labor market resilience in the face of slumping sentiment. ...basically unchanged in five years. Continuing claims ticked higher but remains well off cycle highs from last fall... So once again, claims data shows no signs of the pain that sentiment surveys suggest... ...even though payrolls data suggests deterioration. Tyler Durden Thu, 07/02/2026 - 08:53

A UN investigation into the violence in Syria’s Suwayda Governorate in July of last year concluded that more than 1,700 people were killed and nearly 200,000 displaced in the course of the fighting and subsequent massacres, and that some of the incidents may amount to war crimes. The July incident began with clashes between Bedouin […]