Reports claim UAE will unfreeze billions in Iranian oil funds to reduce regional attacks, though the UAE denies this; diplomatic talks suggest nearing peace.
Donald Trump reveals China’s interest in US oil and soybean purchases, signaling shifts in trade relations with implications for energy, commodities, and fintech sectors.
The UAE conducted secret military strikes on Iran’s oil facilities, escalating Gulf tensions and impacting regional economic and security stability amid ongoing drone attacks.
US Treasury Secretary Scott Bessent confirms no further extensions for sanctions exemptions on Russian and Iranian oil shipments already at sea.