Crude oil prices turn bearish, in anticipation of the next OPEC+ move

The price of crude oil became bearish on Wednesday as speculation about the outcome of the next OPEC+ meeting on Sunday shifted towards another possible production increase. In August, the group had already agreed to increase output by 547,000 barrels per day in September.  If this trend continues, …

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Snapback Sanctions against Iran: 30-day live countdown

Three European nations, the United Kingdom, Germany, and France—known as the E3—have initiated the long-awaited snapback mechanism against Iran. This mechanism, a key component of the 2015 Iranian nuclear deal, officially known as the Joint Comprehensive Plan of Action (JCPOA), allows any of its si…

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50% Tariff on India: a smart move or strategic miscalculation?

President Trump's decision to impose a 50% tariff on India, the world's largest democracy, has led to significant strain in the relationship. The initial 25% tariff was a response to the trade deficit favouring India, as the Trump administration pushed for lower tariffs on American goods. W…

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