The world's two top economies spent much of 2025 embroiled in an escalating trade war

The deal includes safeguards allowing the EU to suspend favourable tariff terms if Washington breaches its commitments

The US dollar rose on Tuesday as investors balanced cautious hopes ​for a Middle East peace deal against concerns that the Federal Reserve could raise rates to curb energy-driven inflation.

Gold prices fell on Tuesday, but ‌stayed above a 1-1/2-month low hit in the last session, as markets consolidated while awaiting further developments after US President Donald Trump paused a planned attack against Iran.

Standard Chartered will eliminate more than 7,000 jobs over the next four years as it seeks to replace “lower-value human ​capital” with technology, becoming one of the top names in finance to target headcount cuts using artificial intelligence.

EU Ambassador to Bangladesh Michael Miller meets the minister

Negotiators from the EU's parliament and capitals will meet Tuesday night in Strasbourg to push for a compromise that would allow the bloc to meet Trump's deadline

Brent futures for July delivery fell $1.98, or 1.8 percent, to $110.12 a barrel

The Middle East war is undermining wages and working conditions way beyond the conflict region, the UN’s International Labour Organization said Monday.

India has been buying Russian ​oil irrespective of US ‌sanctions waivers, Sujata Sharma, a joint secretary in the petroleum ​ministry, said on ​Monday.

The Indian rupee fell to an all-time low on Monday, ​as stubbornly high energy prices due to the Iran war sent ‌global bond yields soaring, denting risk appetite and deepening economic headwinds confronting the world’s third-largest crude importer.

The US dollar-dominated global oil trading system is being tested by the Iran war and the closure of the Strait of Hormuz, as governments in major consuming nations turn to increasingly opaque deals with Tehran and Gulf producers to secure supplies.

The World Bank has approved $350 million in financing to strengthen Bangladesh’s energy security by supporting cost-effective mechanisms for importing liquefied natural gas (LNG), as global fuel markets face volatility.

Businesses are grappling with soaring energy prices, fractured supply ‌chains and trade routes severed by Iran's chokehold on the Strait of Hormuz

Iranian money has kept moving through those two digital ledgers during the US and Israeli war against the Islamic Republic

Retail sales growth slid to just 0.2 percent in April compared to the same month last year

Brent crude futures climbed $2.01, or 1.84%, to $111.27 a barrel

India’s state-run oil companies raised petrol and diesel prices by more than three percent on Friday as disruption to energy supplies due to the Iran war mounts pressure on the economy.

Sri Lanka slapped a 50 percent surcharge on customs duties on vehicles Saturday in a bid to discourage imports and ease currency pressure stemming from the Middle East conflict.

The UAE is to fast-track construction of a new oil pipeline bypassing the Strait of Hormuz, official media said on Friday, after the Middle East war crippled exports through the vital waterway.