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News

China learns to live on less fuel, to the relief of oil markets

Three months into the Iran war, the oil market is coming to grips with an unexpected new ​reality: China, the world’s largest importer, needs much less fuel than previously thought.

June 11, 2026
News

Exclusive: Ukraine’s drone commander wants to cut Crimea off from Russia

Deep in an underground bunker, where walls of screens stream live data from across the battlefield, the commander of Ukraine’s drone forces is poring over terabytes of information to ​map out his next campaign: cutting Crimea off from Russia.

June 11, 2026
News

ECB raises rates to nip war-led inflation in the bud

The European Central Bank raised interest rates for the first time in nearly three years on Thursday in the hope ​of curbing inflation before a surge in energy costs triggered by the Iran war spreads more broadly across the euro zone economy.

June 11, 2026
News

Iran fights to keep Lebanon as leverage in high-stakes US deal

Iran is waging a calculated campaign to preserve Lebanon as its last bastion of influence on the Mediterranean, tying the country’s fate to a grand bargain with Washington as it seeks ​to end Hezbollah’s war with Israel on its own terms, not Beirut’s.

June 11, 2026
News

Anthropic v. OpenAI: Behind the bitter battle for the future of AI

If not for the intense rivalry between Anthropic and OpenAI, the generative AI boom might not have arrived so quickly.

June 11, 2026
News

Indian-crewed tanker hit off Oman in suspected third US strike this week

Three Indian sailors died in a U.S. strike on a tanker off Oman on Wednesday.

June 11, 2026
News

Forget the DOJ. For a Trump pardon, call “Bobby” and other influencers

A Reuters investigation found nearly all the clemency decisions made by President Trump during his current term flouted longstanding Justice Department guidelines. In place of traditional rules, the White House relies on a network of influential advocates espousing pardons based on partisan, personal criteria.

June 11, 2026
News

Exclusive: Kash Patel on the FBI’s defining test: securing the World Cup

With 48 teams, 36 base camps and 11 stadiums, the World Cup, which kicks off on Thursday, is one of the biggest security challenges the FBI has ever faced.

June 11, 2026
News

Wall Street buckles up for SpaceX liftoff, hoping for a glitch-free ride

As SpaceX prepares for its record-breaking $75 billion market debut, traders, brokers and exchanges are working nonstop to make sure their trading systems can handle the blockbuster IPO and avoid the chaos ​that marred other highly anticipated launches.

June 11, 2026
News

Hormuz reopening could be OPEC’s undoing

Saudi Arabia and neighbouring Gulf producers will cheer the eventual reopening of the Strait of Hormuz, but the ensuing flood of oil risks eroding OPEC’s already fragile grip on the market.

June 11, 2026

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