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July 7, 2025 1:12 PM

Oil tumbles as OPEC+ hikes August output more than expected

Oil prices slipped on Monday after OPEC+ surprised markets by hiking output more than expected in August, while uncertainty over U.S. tariffs and their potential impact on global economic growth weighed on demand expectations. Brent crude futures LC...

July 7, 2025 12:17 PM

Trump says US nears trade deals as tariff deadline delayed

The United States is close to finalizing several trade pacts in coming days and will notify other countries of higher tariff rates by July 9, President Donald Trump said on Sunday, with the higher rates set to take effect on August 1. Since taking o...

July 6, 2025 11:40 AM

US blames Hamas for attack that hurt two US aid workers in Gaza

The United States on Saturday blamed Hamas for an attack that injured two American aid workers from the Gaza Humanitarian Foundation at a food distribution site in Gaza. The U.S.- and Israeli-backed GHF said in a statement that the injured Americans...

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