President Donald Trump has announced that the U.S. will impose a 25% blanket tariff on India, with further tariff increases imminent due to the nation’s decision to purchase Russian oil.
Read More Trump imposes 25% tariff and ‘additional penalties’ on India for purchasing Russian oil, military equipment
The S&P 500 and the Nasdaq opened at record highs, while the Dow was on the cusp of that as optimism from a U.S.-EU trade pact set the stage for a week packed with megacap earnings.
Read More S&P, Nasdaq at record highs as US-EU trade deal sparks optimism in pivotal week
Iran’s parliament backed a measure on Sunday to close the Strait of Hormuz, a key maritime passage that accounted for 20 percent of global petroleum liquid consumption in 2024.This comes after the United States carried out targeted attacks on key nuclear facilities Fordow, Natanz and Isfahan to decimate Iran’s nuclear capabilities.
Read More Iran Parliament backs measure to close off the Strait of Hormuz
Discussions came four days after a London-bound Air India plane crashed in the Indian city of Ahmedabad seconds after take-off.
Read More Top Boeing exec Pope visits Air India HQ to discuss plane crash, sources say
Despite Israel and Iran trading a series of devastating airstrikes, President Donald Trump has vowed to bring the two sides together to make a deal.
Read More Trump reiterates calls for negotiations between Israel and Iran amidst missile exchanges: ‘We will have PEACE’
Un avión de pasajeros Boeing con destino a Londres con 242 personas a bordo se estrelló este jueves poco después de despegar en Ahmedabad, India. Reportes indican que solo hay un sobreviviente.
De acuerdo a las autoridades locales, el vuelo AI 171 de Air India se estrelló contra una residencia de estudiantes médicos por lo que no descartan existan más víctimas, aunque las cifras exactas aun no han sido confirmadas.