Category: Business

📍 London, July 12, 2025 — The pricing spread between diesel in Asia and Europe widened to $120 per metric tonne in July, marking the largest gap since October 2022, according to LSEG data. The surge reflects mounting supply pressures in Northwest Europe, exacerbated by the bankruptcy of the UK’s Lindsey refinery and ongoing disruptions […]

Today, the United States is sanctioning Iranian national Seyed Asadoollah Emamjomeh and his liquified petroleum gas (LPG) shipping network for exporting hundreds of millions of dollars’ worth of Iranian LPG and crude oil to foreign markets.  This revenue funds Iran’s malign behavior, particularly the regime’s nuclear and ballistic missile programs and its support for terrorist […]

SECRETARY RUBIO:  Thank you all for being here today.  It’s – I’m honored to be here with my counterparts, the foreign ministers of Rwanda and the Democratic Republic of Congo, for the – to witness the Declaration of Principles for peace in the eastern DRC.  It’s a declaration that establishes a fundamental understanding of regional […]

📍 Washington, D.C. — July 12, 2025The Trump administration’s proposed 50% tariff on Brazilian imports, set to take effect August 1, is expected to spark a sharp rally in U.S. coffee prices, with futures already trading at $2.84 per contract. Brazil, the world’s largest coffee producer, supplies approximately 35% of U.S. coffee imports, making the […]

Today, the United States is sanctioning three vessels and their owners for supporting the Iran-backed Houthis by delivering refined petroleum products to a Houthi-controlled port. The United States is committed to disrupting the Houthis’ illicit revenue generation, financial facilitators, and suppliers as part of our whole-of-government approach to eliminating threats to freedom of navigation in […]

Tammy Bruce, Department Spokesperson HomeOffice of the SpokespersonPress Releases… New Sanctions Targeting Iran’s Ballistic Missile Program Press Statement, April 29, 2025 The United States is sanctioning six entities and six individuals based in Iran and China for their role in a network procuring ballistic missile propellant ingredients on behalf of Iran’s Islamic Revolutionary Guard Corps […]

Today, the United States is sanctioning a range of actors who have generated significant revenue for Iran-backed Ansarallah, commonly known as the Houthis.  This action targets vessels and their owners and operators that have undermined U.S. sanctions, as well as front companies and Houthi operatives that have facilitated illicit trade and smuggling. The United States […]

Secretary-General António Guterres said empowering young people in a fair and hopeful world reaffirms the UN promise that every person has the right to make informed choices about their lives and futures. While many young people face economic uncertainty, gender inequality, health challenges, the climate crisis and a spike in conflicts – they are still leading […]

Russian forces launched an attack overnight focused on Kyiv, deploying 397 Shahed unmanned attack and decoy drones, along with 18 high-powered missiles, killing two and injuring at least 16, according to the UN Human Rights Monitoring Mission in Ukraine (HRMMU). UN Spokesperson Stéphane Dujarric noted during his daily briefing in New York that four Kyiv […]

📍 New York, July 11, 2025 — Gold prices rose modestly on Friday following renewed tariff threats from President Donald Trump, which spurred safe-haven demand amid growing global trade uncertainty. However, gains were capped by a stronger U.S. dollar, while platinum and silver outpaced gold with multi-year highs. 📈 Market Performance 💬 Drivers of Market […]