BigBreakingWire Global Updates

Japan May Have Sold $87.8B in US Securities as BOJ Hike Bets Surge Japan likely sold tens of billions of dollars in US Treasuries to finance a record ¥15.4 trillion ($98.6 billion) yen-buying in... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10881

Goldman Sachs Sees Oil Hitting $120 if Middle East Shipping Attacks Escalate Goldman Sachs said oil could rebound to $120 per barrel if attacks on shipping in the Middle East intensify, warning ... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10878

US Navy Escorting Tankers Through Strait of Hormuz US Energy Secretary Chris Wright said US Navy escort vessels are assisting tankers through the Strait of Hormuz, with operations unlikely to en... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10876

Fars News reports that at least three tankers and energy-transport vessels turned back after receiving warnings from the Islamic Revolutionary Guard Corps while traveling south of the Strait of Hormuz.

Zelensky says negotiations have started. He claims the Russians blocked the American delegation from arriving by plane, even though Ukraine's airports were prepared.

Trump says: So sad what is happening in Spain, a country with zero border control. WOW!

US Tightens Pressure on H-1B Programme USCIS said it denied and revoked H-1B petitions from a major IT consulting firm for allegedly classifying skilled jobs at improperly low wage levels. The... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10873

White House Says US and Russia Discussed Next Steps for Ukraine Peace Talks A White House official said US and Russian officials discussed a “substantive” plan for the next steps in negotiations... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10872

UKMTO issued an advisory saying ships in the Northern Arabian Gulf and Gulf of Oman were hit by disabling fire. This matches a recent CENTCOM report that the U.S. destroyed three Iranian tankers after the IRGC targeted two U.S. Navy ships yesterday.

CENTCENT said US forces hit three Iranian oil tankers. They did this after Iran fired missiles at two US Navy ships.

IMF Warns Global Debt Nearing 100% of GDP IMF chief Kristalina Georgieva warned at the G20 that global public debt is nearing 100% of GDP, now exceeding post-World War II levels and following... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10867

U.S. Central Command confirmed U.S. forces hit three Iranian crude oil tankers on Sept. 5 after the IRGC fired ballistic missiles at two U.S. Navy warships. An aircraft carrier and guided-missile destroyer avoided all attacks with no American casualties. The strikes disabled the M/T Downy off Kharg Island and the M/T Stark 1 near Jask. The M/T Kylo (also called Noxen) was hit at multiple critical points and rendered inoperable after its crew abandoned ship. CENTCOM identified the tankers as part of a multibillion-dollar shadow network funding the IRGC and its proxies. Adm. Brad Cooper stated the strikes aimed to impose an economic cost on Iran and warned the U.S. could target its oil fleet if needed.

The Iranian IRGC claimed a US escort operation in the Strait of Hormuz failed. Kpler data from late August shows LNG carrier Al Ghashmiyah cancelled its planned transit. The ship, along with four others from Qatar’s Ras Laffan, was heading east but diverted to Fujairah, UAE, instead of continuing to Qatar.

Venezuela Oil Deal: Major US Energy Agreements Signed https://bigbreakingwire.in/venezuela-oil-deal-us-energy-agreements/

Trump Says US Should Maintain World’s Lowest Interest Rates Donald Trump said recent strong jobs data should have lifted markets, but long-standing “inflation concerns” instead drove the decline... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10862

Trump hailed August’s 162,000 payroll gain and urged the Fed to cut rates, warning he could halt trade with countries running U.S. trade surpluses if rates stay high.

Canada’s Prime Minister Mark Carney, speaking during a visit to an Ontario manufacturing facility on September 3, called U.S. tariffs on Canada a “misjudgment” following the recent collapse of bilateral trade talks. He said Canada had made the right decision and has the resources to build an ideal country while protecting its cultural industries and maintaining sovereign authority over trade negotiations. Carney said Canada is ready to resume talks when the U.S. is prepared, but any deal must be stable and credible.

US Diesel Hits Record $5.85/Gallon as Oil Surges US retail diesel prices rose to a record $5.85 per gallon on Thursday, according to AAA data, as supply disruptions linked to conflicts involving... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10857

JPMorgan Warns $103B Yen Short Positions Could Unwind Below 155 JPMorgan Chase strategists warned that roughly $103 billion in short yen positions could rapidly unwind if USD/JPY breaks below 15... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10856

Russia Launches Shahed Drone Attack on Kyiv During Jaishankar Visit President Volodymyr Zelenskyy said Russia launched jet-powered Shahed drones at Kyiv while India’s EAM S. Jaishankar was in th... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10855