China Inflation Accelerates in August as CPI, PPI Rise 
US Bans Canadian Alcohol, Motorcycles as Trade War Escalates 
Oil Prices Climb as Iran Threatens Gulf Energy Infrastructure 
Trump Threatens Bombardier U.S. Sales Ban 
Japan GDP Growth Beats Forecast, Boosting BOJ Rate Hike Bets 
Flavio Bolsonaro Rallies Brazil Opposition Ahead of Election 
Gold Prices Rebound as Dollar Weakens, Fed Decision Looms 
Canada Retaliatory Tariffs on U.S. Goods Take Effect 
Cuba Says No US Talks as Blockade Costs Hit $8.1 Billion 
ECB Set for September Rate Hike as Energy Prices Fuel Inflation 
Iran Says It Captured US Underwater Drone Near Strait of Hormuz 
Xi, Putin Reaffirm Ties With North Korea on Founding Anniversary 
Russia Seeks to Claw Back Soldier Bonuses After Crimes 
Oil Prices Rally as Brent Nears $100 on U.S.-Iran Escalation 
US Stock Futures Mixed as Fed Rate Hike Bets Rise 
Iran Threatens Gulf Energy Assets as U.S. Tensions Escalate 
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West Texas Intermediate (WTI) crude prices dropped 1.1% to $72.36 per barrel after U.S. President Donald Trump announced a one-month delay on steep tariffs for Mexico and Canada. The move, aimed at strengthening border enforcement, came after negotiations with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum.
The 25% tariffs, set to take effect on Tuesday, will now be postponed for 30 days. In return, Canada and Mexico agreed to tighten measures against illegal immigration and drug smuggling, addressing Trump’s key concerns.
Both countries are the largest oil suppliers to the U.S., which remains the world's top crude producer. The tariff delay eased immediate trade tensions, impacting oil prices. However, uncertainty remains as U.S. tariffs on China are still scheduled to take effect within hours.
Crude markets reacted to the news, reflecting investor caution over global trade policy shifts. The temporary relief for North American trade partners provided short-term stability, but long-term concerns persist regarding U.S. trade relations and
