BigBreakingWire Global Updates

Citigroup Sees 5.3% as Key Ceiling for US Treasury Yields US Treasury yields rose sharply as higher oil prices revived inflation concerns amid strong US growth, heavy debt issuance and widening ... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10968

Five Emerging Asian Buyers Spend $7.4 Billion on Spot LNG Since War Began India, Pakistan, Bangladesh, Thailand and Vietnam have spent $7.4 billion on spot LNG since the US Iran war began, more... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10967

Saudi Arabia Shuts 1,200 km East West Oil Pipeline After Drone Attacks Saudi Arabia shut its 1,200 km East West oil pipeline after drone attacks from Iraq struck the conduit, which normally bypa... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10966

The IRCG announced they shot down an MQ-1 over the Strait of Hormuz this morning.

Oman Says Strait of Hormuz Will Reopen, But Warning It May Be Short Lived Oman’s Energy Minister said the Strait of Hormuz will reopen, but the change may be temporary as regional tensions remai... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10964

BRICS Adopts Payment Architecture to Reduce Reliance on Dollar and SWIFT The 18th BRICS Summit adopted a 45 page New Delhi Declaration backing a payment architecture designed to route cross bord... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10963

Iran Fires on Three Merchant Ships in Strait of Hormuz, Qatar LNG Carrier Set Alight Iranian forces fired on three merchant vessels in the Strait of Hormuz, setting a Qatari LNG carrier alight a... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10962

Saudi Oil Pipeline Outage Could Remove Up to 4% of Global Oil Supply Refinitiv sources warn Saudi Arabia’s main pipeline to the Red Sea could exhaust export inventories within days if flows are ... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10961

Iranian officials said on the 13th that a container ship was hit by an unknown projectile near the Strait of Hormuz, killing one person and injuring four.

China Proposes Five New BRICS Initiatives in AI, Trade and Smart Manufacturing At the second stage of the BRICS Leaders’ Meeting in New Delhi on Sept. 13, China proposed five measures to deepen... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10959

Japan’s $2 Trillion Pension Fund Could Sell Up to $62 Billion in US Treasuries Japan’s GPIF could sell up to $62 billion in US Treasuries within its current investment framework, according to Ba... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10958

China Now Accounts for Two-Thirds of BRICS Merchandise Exports The 18th BRICS Summit opened in New Delhi as new trade data showed China’s share of the bloc’s merchandise exports surged from 56%... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10957

🚨 European fuel prices surge as gas storage remains well below normal levels.

Trump Says Canada Trade Deal Could Come “Soon” President Trump said he is optimistic about resolving the trade dispute with Canada and believes an agreement could be reached “soon.” https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10955

BRICS Adopts Joint Statement on Trade, Energy and Global Security Prime Minister Narendra Modi announced that the BRICS joint statement has been adopted. https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10954

BREAKING: Trump Says US Controls Strait of Hormuz, Iran War Could End After Midterms After meeting Irish President Katherine Connolly in Dublin, President Trump said “everything will be resolved smoothly”... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10953

Canada Says No Formal Trade Talks Underway With the US Canada’s minister responsible for Canada-US trade said there are currently no formal trade negotiations underway with Washington, despite o... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10950

Saudi Arabia’s Key East-West Oil Pipeline System Reportedly Struck Two US officials told CNN that Saudi Arabia’s critical east–west oil pipeline system was hit by projectiles on Thursday. https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10948

US Convertible Bond Issuance Hits Record $131 Billion as AI Funding Boom Accelerates U.S.-listed companies have raised a record $131.0 billion year-to-date through convertible bonds, surpassing... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10946

US Inflation Comes in Hotter Than Expected, Fed Rate Hike Odds Jump to 90% August US inflation data delivered a stronger-than-expected reading, adding fresh pressure on the Federal Reserve. https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10944