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Intelligence for the New World Economy

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Intelligence for the New World Economy
Semafor World Economy

Security

Global oil buffers weaken as global conflict expands

Goldman Sachs over the weekend raised its forecast for average year-end oil prices, warning of “the high sensitivity of interest rates to oil prices.”
Oil trucks arriving from Iraq in Baniyas, Syria in May, 2026.
Mahmoud Hassano/Reuters

Russia hammers Ukraine despite President Trump’s energy ceasefire

Faced with domestic cost-of-living concerns ahead of midterm elections, the US has agreed to import diesel from Russia.
Employees work at a thermal power plant damaged multiple times during Russian missile and drone strikes.
Valentyn Ogirenko/Reuters

Europe pledges support for Ukraine as rift with US widens

European leaders rushed to back Ukrainian President Volodymyr Zelenskyy over the weekend amid a widening rift with the US, though the continent’s support for Kyiv may have an expiration date.
Britain’s Prime Minister Andy Burnham embraces Ukrainian President Volodymyr Zelenskyy
Toby Melville/Reuters

Thousands detained in India in massive anti-government protests

Indian authorities released the leaders of the Cockroach Janta Party on Sunday, after security forces detained thousands of protesters during massive anti-government demonstrations.
Protesters react as they are detained by security personnel during a protest seeking the resignation of India’s Chief Election Commissioner Gyanesh Kumar
Priyanshu Singh/Reuters

Oil prices surge after second day of Houthi strikes on Riyadh

The missile strikes come as Iran upped the pace of its attacks on vessels in the Strait of Hormuz.
Smoke rises from the site of the Saudi Aramco refinery after reported Houthi attacks.
European Union/Copernicus Sentinel-3/Handout via Reuters

Student protests in France spread to more cities

French authorities suspended the use of stun grenades after a teenager lost his hand during clashes with police.
French students protesting
Sarah Meyssonnier/Reuters

Oct. 7 failures plague Netanyahu’s reelection bid

Three years after Hamas’ deadly assault on the country, Israel stands more internationally isolated than ever.

US ‘unapologetic’ in ‘pursuit of national power,’ Rubio says

The US’ top diplomat made the case for NATO allies to build self-reliance at a speech in Athens.

Oil prices elevated as Mideast tensions amplify supply concerns

Analysts said attacks on vessels in the Strait of Hormuz were increasing, while Iran-backed Houthis remain a threat in the Bab el-Mandeb waterway.

India’s bullet train project delays spark tensions with Japan

India’s first bullet train is yet to transport a single passenger 10 years after the joint project with Japan broke ground.

Former German spy chief charged with treason

August Hanning, who left Germany’s foreign intelligence service in 2005, is its first former chief to face charges.

Bulgarian tankers struck in Black Sea as shipping fears mount

Drones struck two tankers in the Black Sea near Bulgaria on Tuesday, in the first attack on shipping in the NATO member’s exclusive economic zone.

Anti-establishment demonstrations sweep across India

Critics of a voter roll review review argue the exercise is politically motivated and anti-democratic.

France student protests roil politics ahead of elections

Analysts expect unrest to intensify after a teenager’s hand was blown off by a riot police sting grenade.

US, EU monitoring reports of suspected pneumonic plague in Russia

US and EU officials said on Monday they were closely monitoring a suspected case of pneumonic plague in Russia that killed a lab worker in a Siberian research institute.

Saudi-backed Yemeni forces repel Houthis from Red Sea

Saudi’s previous war against the Houthis resulted in a yearslong quagmire and devastating humanitarian crisis.

Brazilians vote in election that could reshape US ties

More than 150 million Brazilians headed to the polls Sunday in a pivotal presidential election for Latin America’s largest economy.

US signals potential escalation in the Iran war

The US dispatched another aircraft carrier and thousands more troops to the Middle East, while Tehran is reportedly preparing its own response to any American attacks.