Marco Rubio to visit Mumbai, Jamnagar: Energy cooperation, business meetings planned — What’s on the agenda?

Mint - Oct 14, 2026

US Secretary of State Marco Rubio's visit to India holds significance in the wake of the stalled India-US trade deal, the framework of which was revealed in February this year.

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Hotter-than-expected inflation data sent Wall Street tumbling on Wednesday, with worries about more interest rate hikes from the Federal Reserve pummeling shares of Oracle, CoreWeave and other AI stocks sensitive to higher borrowing costs. Increased bets that the Fed will have to further hike rates to tame inflation dealt a sharp blow to some of the market's biggest gainers of 2026. Oracle lost 7.3 percent, while AI-infrastructure firms CoreWeave and Nebius tumbled 15 percent and 10 percent, respectively. Dell dropped 12 percent and Hewlett Packard Enterprise lost 7.6 percent after Barclays downgraded the AI server makers to "equal-weight" from "overweight." The Philadelphia SE Semiconductor index dropped almost 4 percent, down for a sixth straight session and on track for its longest losing streak since May 2025. US consumer prices accelerated in September as the cost of gasoline surged and price pressures broadened beyond energy, data from the Labor Department's Bureau of Labor Statistics showed. Interest rate traders are pricing in a 37 percent chance that the Fed will raise rates at i

Oct 15, 2026

Oil prices gain on attacks in Saudi Arabia, Iran's new tactics to target tankers

NEW YORK — Oil prices rose on Wednesday after the Houthis attacked Saudi Aramco's headquarters and Iran said it was deploying new tactics to target ships and keep oil prices high. Brent crude futures were up 87 cents, or 0.82 percent, at $106.56 a barrel by 1:25 p.m. ET (1725 GMT). U.S. West Texas Intermediate crude gained $1.46, or 1.55 percent, to $95.60, touching a three-week high. Attacks on ships transiting the Strait of Hormuz and strikes between Saudi Arabia and the Iran-allied Houthis are driving up oil prices, said Phil Flynn, senior analyst with the Price Futures Group. "We're seeing a lot of fear trade today," he added. Iranian officials declined to provide details of the new strategy to target ships, but one said Iran had started using different offensive tactics about 10 days ago. Gulf oil flows excluding Iran surged in September to more than 81 percent of prewar levels, data showed, led by a recovery in Saudi exports. Iranian exports fell to zero owing to a U.S. blockade. "More crude reaching international markets does not necessarily mean more oil is being produced," Saxo

Oct 15, 2026

USFK chief says 'conditions have changed' while stressing OPCON transfer requirements

WASHINGTON — U.S. Forces Korea (USFK) Commander Gen. Xavier Brunson said Wednesday that "conditions have changed" while stressing the requirements in the transfer of a conditions-based wartime operation control (OPCON) from the United States to South Korea. "Because the conditions have changed, because we've changed our plan, we have new standards which we have to uphold," Brunson said while sharing his thoughts on the topic of OPCON transfer during the annual Indo-Pacific Summit hosted by the Gold Institute for International Strategy in Washington. The general cited North Korea's missile launches carried out earlier this week as evidence of such change. "A cursory glance of a newspaper would tell you that the conditions have most assuredly changed." On Monday, North Korea test-fired tactical ballistic missiles toward the East Sea, part of efforts to upgrade a key component of its weapons systems, with the country's state media calling it a "big success." Brunson's comments come amid a perceived gap between Seoul and Washington over the timing of OPCON transfer. Seoul seeks to retake wa

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Oct 15, 2026

Zelenskyy says 'we count' on US partnership, urges Starlink switch-on

LONDON — President Volodymyr Zelenskyy said Wednesday that Ukraine counts on its partnership with the United States despite agreeing he felt betrayed by President Donald Trump over an "energy ceasefire" and Russian diesel deal. In London — where he received a highly symbolic show of support from the British government — Zelenskyy also called on U.S. tech billionaire Elon Musk to restore the Starlink system used on the battlefield, which Kyiv says has been slowed down. After meeting King Charles III, Zelenskyy told U.K. Prime Minister Andy Burnham in Downing Street that Ukraine had endured "massive attacks today and it is a pity we had also some difficulties," a reference to strained ties with Washington. Ukraine has accused the U.S. of helping Russia by failing to warn it of incoming missile strikes and hobbling its military response through changes to the Starlink system it uses on the battlefield. "We count on (our) partnership with the United States," Zelenskyy told Burnham during remarks captured on camera before a closed-door bilateral meeting. "We just want to be very honest,

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Trump press secretary Katie Zacharia faces scrutiny over claims she's a lawyer

NEW YORK — The new White House press secretary is facing mounting questions about her background and resume as she transitions into her role as the public face of the Trump administration. Katie Zacharia has long described herself as a lawyer as she has worked to establish herself as a commentator for conservative outlets like Fox News and Newsmax. But so far, she and the White House have offered no evidence that she passed the bar exam in any state or in China, where she worked for a large law firm years ago. The questions add to the confusion surrounding President Donald Trump's decision to hire Zacharia , who had worked for his social media company for only a few months when he announced her appointment and whose debut at the podium on Tuesday has been widely panned. Afterward, the president was asked by reporters where Zacharia had passed the bar exam, following a report by the independent outlet Popular Information that she did not appear to be licensed in any state. Trump stepped aside to allow Zacharia to answer. “When I moved to China," she responded over the sound of Marine O

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Trump claims again Korea to invest in Alaska LNG project under trade deal

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Oct 15, 2026

Zelenskyy says Ukraine is losing a strong US partner amid Starlink restrictions

Zelenskyy claimed the restrictions were deliberate and warned they could result in casualtiesUkrainian President Volodymyr Zelenskyy has said he feels betrayed by US President Donald Trump after restrictions on Starlink satellite access disrupted Ukraine's military operations.According to The...

‘Not The Right Side Of History’: Zelenskyy Says He Felt ‘Betrayed’ By Trump Over Russia Energy Deal

Oct 15, 2026

Marco Rubio to visit Mumbai, Jamnagar: Energy cooperation, business meetings planned — What’s on the agenda?

Wall Street tumbles as hot inflation data feeds worries about Fed rate hikes

Oil prices gain on attacks in Saudi Arabia, Iran's new tactics to target tankers

USFK chief says 'conditions have changed' while stressing OPCON transfer requirements

US stocks drop to their worst day since July as inflation worsens

Zelenskyy says 'we count' on US partnership, urges Starlink switch-on

Trump press secretary Katie Zacharia faces scrutiny over claims she's a lawyer

Trump claims again Korea to invest in Alaska LNG project under trade deal

Zelenskyy says Ukraine is losing a strong US partner amid Starlink restrictions

‘Not The Right Side Of History’: Zelenskyy Says He Felt ‘Betrayed’ By Trump Over Russia Energy Deal

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