Iran is reportedly considering demanding Chinese yuan for oil shipments through the Strait of Hormuz, a move that could challenge the US dollar’s dominance in global energy trade. This potential de-dollarization strategy aims to bypass sanctions and bolster ties with China, potentially leading to global financial market volatility and impacting India’s crude imports.
Cash takes centre stage as investors rethink AI spending boom
Investors are increasingly focused on technology companies’ cash generation capabilities to fund artificial intelligence investments. Microsoft and Oracle are gaining positive attention from investors, while