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The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) issued general licenses related to Russia, authorizing specific transactions related to existing civilian nuclear energy projects and specific services related to the Sakhalin-2 p

2026-06-12

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) issued general licenses related to Russia, authorizing specific transactions related to existing civilian nuclear energy projects and specific services related to the Sakhalin-2 project.

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2026-06-11

U.S. Central Command: The U.S. military disabled the oil tanker "Jalveer" in the Gulf of Oman. The ship is suspected of transporting Iranian oil and violating the blockade against Iran.

U.S. Central Command: The U.S. military disabled the oil tanker "Jalveer" in the Gulf of Oman. The ship is suspected of transporting Iranian oil and violating the blockade against Iran.
2026-06-11

Simona Mocuta, chief economist at State Street Investment Management, says ECB rate hikes are likely to have limited effect. She warns monetary tightening may weaken growth rather than curb inflation and is unlikely to offset supply‑shock driven infl

Simona Mocuta, chief economist at State Street Investment Management, says ECB rate hikes are likely to have limited effect. She warns monetary tightening may weaken growth rather than curb inflation and is unlikely to offset supply‑shock driven inflation. With wage inflation well contained and consumer confidence and spending weak, scope for second‑round inflation effects is limited. The firm still assesses the highest probability is for another ECB hike this autumn.
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