World/International

Nearly seven months after Israel and the United States attacked Iran, oil prices are holding at over $100 a barrel.

This year’s monsoon season in India has been drier and more uneven than usual. That could hit the rural economy and push food prices up.

Thousands of workers have been stuck aboard vessels near the Strait of Hormuz since February.

Emerging economies like India, Brazil, and Nigeria will drive more than 60% of global energy demand growth over the next 30 years.

The Fed is expected to raise interest rates at its next meeting, and it won’t be alone. The ECB has already raised rates, and Japan is expected to follow suit.

Analysts say record diesel prices will flow through quickly to consumer goods prices across the board.

On today’s show: oil prices, the future of interest rates, and the push for AI guardrails.

The U.S. Energy Information Administration raised its Brent crude forecast to average around $90 a barrel for the second half of the year, about 5% higher than its last estimate.

Analysts don’t see an end to war in the Middle East on the horizon.

Germany imposed border checks at all land crossings in 2024 to curb undocumented immigration that were supposed to be temporary. Those checks have been extended through next spring.