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U.S. Treasury Secretary BESSENT said all countries should firmly reject any Iranian actions that disrupt the free flow of trade, adding that Iran's days of intimidating the region and the world are over.

2026-05-28

U.S. Treasury Secretary BESSENT said all countries should firmly reject any Iranian actions that disrupt the free flow of trade, adding that Iran's days of intimidating the region and the world are over.

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2026-05-28

As the conflict in the Gulf region escalated, the Australian dollar fell further against the US dollar (AUD/USD), last trading at 0.7118, down 0.34%.

As the conflict in the Gulf region escalated, the Australian dollar fell further against the US dollar (AUD/USD), last trading at 0.7118, down 0.34%.
2026-05-28

United Airlines CEO Scott Kirby said on Wednesday at the BERSTEIN investor conference that with oil prices retreating and demand proving resilient, the carrier is gradually recouping the hit from elevated fuel costs and he is increasingly confident U

United Airlines CEO Scott Kirby said on Wednesday at the BERSTEIN investor conference that with oil prices retreating and demand proving resilient, the carrier is gradually recouping the hit from elevated fuel costs and he is increasingly confident United can achieve double-digit pre-tax margins next year. Kirby said the airline had been on track to post double-digit margins this year before the Iran situation pushed fuel prices higher. He added that lower oil prices have reduced the revenue threshold needed to fully offset the fuel-cost shock and that the process of reaching 100% recovery is likely progressing.
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