Why is oil price rising? Brent jumps 2.5% after Trump rejects Iran peace proposal

Brent crude oil prices rise after Trump rejects Iran peace proposal. 
 (Pexel/Representative image) (Pexel)

Brent crude oil prices jumped more than 2% on Monday after US President Donald Trump rejected an Iranian peace proposal aimed at resolving the conflict and reopening the Strait of Hormuz. Brent futures rose $2.60, or 2.49%, to $106.92 a barrel at 0803 GMT. Brent crude oil prices rise after Trump rejects Iran peace proposal. … Read more

Why is Bitcoin still rising as long-term holders sell and big wallets add 113,950 BTC?

Bitcoin holds near $84,100 as big wallets add 113,950 BTC.

Bitcoin holders are taking profits, but the selling is not as heavy as during earlier market peaks. Long-term holders are selling some of their Bitcoin, but the current profit-taking pattern in September 2026 looks different from previous major tops. Bitcoin holds near $84,100 as big wallets add 113,950 BTC. Long-term Bitcoin holders are making much … Read more

US Treasury yields hit 2007 highs: Why rising bond rates are worrying investors

US Treasury yields rise to 2007 highs as inflation and oil prices worry investors. (AFP)

Yields on long-term US government bonds have risen to their highest levels in years. The rise is part of a wider selloff in Treasury bonds as investors worry about inflation, oil prices and heavy US government borrowing. Bloomberg reported that yields across several Treasury maturities are now around their highest levels since 2007. US Treasury … Read more

US diesel prices hit record high: Could rising fuel costs trigger a stock market crash?

US diesel prices hit a record high as fuel costs rise across the country. (AFP)

US diesel prices have hit a new all-time record as fuel costs continue to rise. Gasoline prices are also climbing across the country, adding to concerns about higher costs for consumers and businesses. The national average price of regular gasoline reached $4.48 per gallon on Monday. That is up from $4.32 per gallon a week … Read more

Crypto market cap hits $3 trillion again: Why rising Bitcoin leverage could trigger a sharp price swing

Bitcoin rally pushes crypto market cap above $3 trillion as leverage rises. (Pexel)

The total cryptocurrency market value has climbed back above $3 trillion for the first time since January. The rise comes after a strong rally in Bitcoin, which has lifted the broader digital asset market. But the rally is also bringing more leveraged trading into the market. This could make crypto prices move sharply in either … Read more

Finland’s coast is still rising after the Ice Age; around the Gulf of Bothnia, 1,730 acres emerge each year, but waterfront owners may not own the new land

Finland's coast is still rising after the Ice Age; around the Gulf of Bothnia, 1,730 acres emerge each year, but waterfront owners may not own the new land

According to the news, Finland’s National Land Survey says the fastest uplift occurs around Kvarken, where the land rises by almost one centimeter a year. For thousands of years, Finland’s western shoreline has been quietly changing shape. Ground that was once pressed beneath an enormous sheet of ice is still rising, pushing parts of the … Read more

Heavy rain floods New Jersey roads, leaves 5,600 without power; vehicles stuck in rising waters

Heavy rain floods New Jersey roads, leaves 5,600 without power; vehicles stuck in rising waters

Officials in Paterson reported flooded roads and vehicles stranded in deep water. (AP Photo used for representation) Heavy rain triggered flash flood warnings across parts of New Jersey on Sunday, leaving thousands of homes and businesses without power and causing flooding on roads in several areas.According to NJ.com, more than 5,600 customers were without electricity … Read more

Twenty-five years after 9/11, the World Trade Center’s final office tower is rising; the 55-story, 1,226-foot building will become American Express’s global headquarters in 2031

Twenty-five years after 9/11, the World Trade Center's final office tower is rising; the 55-story, 1,226-foot building will become American Express's global headquarters in 2031

(Photo: American Express) Twenty-five years after the September 11, 2001, terrorist attacks destroyed Lower Manhattan’s skyline, construction has begun on the final commercial office tower planned for the 16-acre World Trade Center site. The 55-storey, 1,226-foot supertall tower at 200 Greenwich Street, known as 2 World Trade Center, will become the global headquarters of financial … Read more

US warns of rising illnesses in Cuba amid worsening water, power crisis; embassy issues health alert

US warns of rising illnesses in Cuba amid worsening water, power crisis; embassy issues health alert

A person sleeps on the Malecón seawall to escape the heat of their homes during a power outage in Havana earlier this month The US Embassy in Havana has issued a health alert over a rise in intestinal illnesses and diarrhea across Cuba, linking the outbreak to the continued deterioration of the island’s water and … Read more

Australia planted eucalyptus trees to fight rising soil salinity; decades later scientists found the plantations were changing groundwater but not the soil nature

Australia planted eucalyptus trees to fight rising soil salinity; decades later scientists found the plantations were changing groundwater but not the soil nature

Eucalyptus cladocalyx ‘nana’. Image Credit: ERA Nurseries Australia planted eucalyptus trees to fight rising soil salinity, hoping that thirsty, deep-rooted vegetation could help control the groundwater processes behind the problem. A long-running experiment in south-western Australia later showed that the effects of such plantations were more complicated than simply planting trees and waiting for the … Read more