OPEC+ Boosts August Oil Output, Pressuring Global Prices Slightly Lower
Global oil prices edged down as OPEC+ agreed to increase production targets for August, reflecting easing supply concerns and improving crude exports via the Strait of Hormuz.
Global oil prices edged down as OPEC+ agreed to increase production targets for August, reflecting easing supply concerns and improving crude exports via the Strait of Hormuz.
Nvidia’s latest AI server design promises to dramatically reduce water consumption for data center cooling, potentially cutting usage from millions of gallons daily to nearly none.
Toyota’s 2026 bZ electric SUV has outsold iconic models like the Land Cruiser and Sequoia in the U.S., signaling a shift toward more practical and affordable EVs.
The United States prompts NATO allies to increase defense responsibilities as Washington scales back its military presence, signaling a long-term realignment within the alliance.
South Korean chipmaker SK Hynix plans a $29 billion U.S. IPO to tap into AI demand and challenge American rivals in the competitive semiconductor market.
Gold prices remain stable near recent highs as silver slips, influenced by softer crude oil prices and easing speculation of further Federal Reserve interest rate hikes.
Increasing friction between Washington and Jerusalem over Iran and Lebanon diplomacy highlights potential realignments in the longstanding US-Israel alliance.
Overnight missile and drone attacks hit Kyiv, leaving a residential building partially collapsed and causing multiple casualties as Ukraine warns of escalating assault.
India’s central bank pushes to limit bank involvement in crypto amid regulatory caution, as Russia confirms a near-term debut of its digital ruble.
Russian forces targeted multiple residential areas in Kyiv with missiles and drones overnight, causing significant destruction and prompting urgent calls for stronger air defenses.