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Houthis hit two Saudi oil tankers and send Brent crude past $94 on the same day Riyadh signed a US nuclear deal

BUSINESS ★ FEATURED

Houthis hit two Saudi oil tankers and send Brent crude past $94 on the same day Riyadh signed a US nuclear deal

Houthi forces struck Saudi oil tankers Encelia and Layla in the Red Sea on July 22, setting one ablaze and pushing Brent crude above $95 a barrel. The attack landed hours after Saudi Arabia and the US signed a landmark civilian nuclear cooperation deal, and threatens to complicate the Fed's rate decisions at its July 28-29 FOMC meeting.

Dave Barr

5 min read

524 reads

Trump's Saudi nuclear deal hands a tinderbox region the tools for an arms race

5 min read · 547 reads

Trump's Saudi nuclear deal hands a tinderbox region the tools for an arms race

UK Parliament opens inquiry into banks blocking crypto payments as £1 billion in transactions gets rejected

4 min read · 545 reads

UK Parliament opens inquiry into banks blocking crypto payments as £1 billion in transactions gets rejected

Intel and AMD are locking Chinese AI data centers into multi-year CPU deals as a 40% price surge signals a shortage nobody saw coming

5 min read · 650 reads

Intel and AMD are locking Chinese AI data centers into multi-year CPU deals as a 40% price surge signals a shortage nobody saw coming

Texas Instruments beat every estimate and its stock still fell, which tells you where AI money is actually flowing

5 min read · 620 reads

Texas Instruments beat every estimate and its stock still fell, which tells you where AI money is actually flowing

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