Goldman Sachs has warned Brent crude could spike to $120 per barrel if disruptions through the Strait of Hormuz persist, though its base case assumes easing Middle East tensions and prices averaging $80 in Q4.
How Bessent, America’s bond salesman, cornered Japan on big spending
In a significant dialogue, US Treasury Secretary Bessent encouraged Japan to implement reforms in its fiscal and monetary policies. Aiming to stabilize the yen and