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July 18, 2025

UK and EU Slash Oil Price Cap to Undercut Russia’s Revenue

Johannesburg: The UK and EU on Friday jointly announced a significant reduction in the crude oil price cap on Russian exports, in a move aimed at “targeting Putin’s critical oil revenues.”

According to Anadolu Agency, the cap has been lowered from $…

Consumer Confidence in US Exceeds Expectations in July

Washington: The consumer confidence index in the US rose by 1.1 points to 61.8 in July, exceeding market expectations.

According to Anadolu Agency, the University of Michigan announced preliminary data for July on its consumer confidence index, whic…