• United Arab Emirates to Leave OPEC
  • Ukraine Bets on Battlefield AI
  • Decision by the UAE to leave OPEC shakes up alliance
  • Brent Crude Tops $125 a Barrel
  • Trump Weighing a Currency Swap with UAE
Zelenskyy says he's seeking details of Putin's May 9 ceasefire proposal

KYIV, Ukraine (AP) – Ukrainian President Volodymyr Zelenskyy is seeking details of a short-term ceasefire Russia proposed to U.S. President Donald Trump, he said in a post on Telegram on Thursday. Russian President Vladimir Putin proposed a May 9 ceasefire to coincide with Victory Day in Russia.

From dropping bombs to pressuring banks: US pivots to economic warfare on Iran

WASHINGTON (AP) – If the U.S. and Iran aren’t able to soon come to a deal to end the war or extend the ceasefire that expires next week, the Trump administration is setting the stage to shift its war campaign toward a more economic-focused effort aimed at choking Tehran into submission rather than relying on bombs alone.

Inflation jumps to highest level in 3 years as Iran war spikes gas prices

WASHINGTON (AP) – A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve.

Inflation jumps to highest level in 3 years as Iran war spikes gas prices

WASHINGTON (AP) – A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve.

Brent crude tops $125 a barrel on Iran war worries

HONG KONG (AP) – The price of Brent crude oil surged past $125 a barrel early Thursday as stalled U.S.-Iran talks raised doubts over the reopening of the Strait of Hormuz and a permanent end to the Iran war.

Inflation hits 3% in Europe as Iran war spreads oil price shock

FRANKFURT, Germany (AP) – Soaring oil prices from the Iran war pushed inflation higher in Europe in April, as growth continued to underperform in a worrying combination both for consumers and policymakers at the European Central Bank.

Ukraine bets on battlefield AI as race for weapons autonomy intensifies

KYIV, Ukraine (AP) – Rapid military adoption of artificial intelligence is becoming essential to Ukraine’s survival, even as full integration across the battlefield may still be several years away, according to a senior AI official. Danylo Tsvok said AI is already helping Ukraine hold territory, while reducing risks to its soldiers.

Zelenskyy says he's seeking details of Putin's May 9 ceasefire proposal

KYIV, Ukraine (AP) – Ukrainian President Volodymyr Zelenskyy is seeking details of a short-term ceasefire Russia proposed to U.S. President Donald Trump, he said in a post on Telegram on Thursday. Russian President Vladimir Putin proposed a May 9 ceasefire to coincide with Victory Day in Russia.

Iran's supreme leader vows to protect nuclear and missile capabilities

DUBAI, United Arab Emirates (AP) – Iran’s supreme leader vowed Thursday in a defiant tone to protect the Islamic Republic’s nuclear and missile capabilities, which U.S. President Donald Trump has sought to curtail through airstrikes and as part of a wider deal to cement the war’s shaky ceasefire.