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U.S. State Department: U.S. Secretary of State Marco Rubio spoke with South Korean Foreign Minister Cho Hyun on Monday about a range of issues concerning the U.S.-South Korea alliance. Secretary Rubio noted the need for close coordination between the

2026-08-25

U.S. State Department: U.S. Secretary of State Marco Rubio spoke with South Korean Foreign Minister Cho Hyun on Monday about a range of issues concerning the U.S.-South Korea alliance. Secretary Rubio noted the need for close coordination between the two countries.

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2026-08-25

US defense secretary Hegseth said Iran still retains some capability but its The only option is to return to the negotiating table.

US defense secretary Hegseth said Iran still retains some capability but its The only option is to return to the negotiating table.
2026-08-24

Brent rose 6.63% last week to $94.39/bbl and the forward curve is also moving higher. 12-month Brent futures climbed to $79.16/bbl on Friday, a two-month high and nearing the May Iran-conflict peak of $83.58/bbl as markets re-price the risk of a prol

Brent rose 6.63% last week to $94.39/bbl and the forward curve is also moving higher. 12-month Brent futures climbed to $79.16/bbl on Friday, a two-month high and nearing the May Iran-conflict peak of $83.58/bbl as markets re-price the risk of a prolonged Strait of Hormuz shutdown and sustained higher energy prices. That has flowed into inflation pricing: U.S. 1‑year inflation swaps jumped 34.5bp last week to 2.24% (largest weekly rise since March); euro‑area 1‑year swaps rose 25bp to 2.71%. Concurrently, 10‑year U.S. Treasury yields rose 4.2bp to 4.73% and 10‑year German bund yields gained 5.4bp to 3.26%. Deutsche Bank notes the energy shock is moving from spot prices into next‑year inflation expectations. Treasury expansion of long‑bond buybacks may ease yield pressure temporarily, but if the oil forward curve remains elevated bond markets will need to price greater inflation uncertainty.
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