Geopolitics

Follow the latest geopolitical news and its impact on global financial markets. Stay updated on international conflicts, trade policies, diplomatic relations, sanctions, elections, and strategic developments that influence stocks, commodities, currencies, and investor sentiment worldwide.
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10-11
Prominent Republican senator says Trump's Russian diesel deal may be illegal
By Jan WolfeOct 11 (Reuters) - Republican US Senator Thom Tillis on Sunday said President Donald Trump's diesel supply ​deal with Russia may be illegal and will put American lives at risk, adding to bipartisan criticism of the arrangement announced by the president on Friday.Trump saidthat Russia had agreed to supply ​diesel to global markets, and his administration temporarily lifted US sanctions on Russian fuel that were designed to deprive Moscow of revenue for its ‌war on Ukraine.
10-11
10-11
Shipping firms offer captains up to $US100k a month to sail Strait of Hormuz
Iran and the United States are enforcing separate blockades in the Strait of Hormuz, cutting tanker transits to a daily average of just 10 in October from 125 before the war. To draw crews into the risky passage, shipping companies have raised captains' monthly pay from about $22,000 to as much as $143,000. Some companies are adding double-pay bonuses. The increases reflect sharply higher transport risk on the key waterway, with crude shipping costs under significant upward pressure.
10-11