French President Emmanuel Macron has secured the delivery of an additional 200,000 tons of diesel per month from the United Arab Emirates and Bahrain during a tour of the Gulf, the French presidency said on Tuesday.
He obtained commitments for around 100,000 tons per month from the Emirates, while an additional 100,000 tons monthly will be secured during the stop in Bahrain, the Elysee Palace said.
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U.S. futures are mostly lower as artificial-intelligence stocks come under pressure again and oil prices rose amid sporadic fighting in the Middle East.
Futures for the S&P 500 fell 0.1% on Tuesday, while those for the Nasdaq declined 0.5%. Futures for the Dow Jones Industrial Average gained 0.2%.
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Stocks around the world were mixed on Monday as volatility in technology stocks persisted in Asia, while stocks in France led losses in Europe following mass protests against the rising cost of living and poor school conditions.
U.S. equity futures edged higher ahead of another week of American corporate earnings results.
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Elon Musk on Monday pledged to give one share of his company SpaceX to "every kid in America" next year.
The offer arrived a day after artificial intelligence company Anthropic announced in a social media post that it will commit 5% of its shares to a new "public benefit" fund.
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U.S. Secretary of State Marco Rubio was in Uzbekistan on Monday to promote trade and ties with Central Asia, during a trip that came amid rumblings that America's top diplomat is ignoring pressing matters in favor of politically safer visits and meetings.
The trip, which involves a stop in India later this week, seeks to promote U.S. economic and security ties with Central and South Asia. But it has only tangential links to the Trump administration's current main foreign policy dilemmas in the Middle East and with the Russia-Ukraine war.
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China said Monday its economy grew 4.5% in the July-September quarter from a year ago fueled by robust exports, moving closer to meeting its official annual growth target for the year as trading partners seek to balance their trade deficits with the country.
Economic growth accelerated from the 4.3% year-on-year rate recorded in the April-June quarter, the slowest expansion in more than three years. Its economy expanded 4.6% in the first three quarters.
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Qatar will help revive Lebanon's ailing energy sector and solve its chronic problems in providing reliable electricity, the Lebanese and Qatari prime ministers said Friday.
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Iraq has lost around $60 billion during the Middle East war, Foreign Minister Fuad Hussein said on Thursday, with Iran blockading a waterway that is crucial to global energy flows.
OPEC member Iraq was producing about four million barrels of oil per day before the conflict, exporting about 3.5 million bpd -- mostly shipped from the country's south via the Strait of Hormuz.
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Lebanon’s central bank has this week canceled the local license of Bank Saderat Iran, one of Iran's largest banks, as the United States steps up pressure on countries to sever commercial ties with Tehran.
In an interview with Bloomberg, Central Bank Governor Karim Souaid stated that the move aims to "send a clear signal to the outside world that we are determined to protect our banking sector from any entity that might expose it to the risk of contamination."
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U.S. wholesale inflation surged past analysts' expectations in September, marking its biggest jump since 2022 as the war in Iran sent fuel prices rocketing, government data showed Thursday.
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