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Cuba’s Energy Crisis Deepens as US Fuel Blockade Leaves Grid Critical, May 31
Cuba’s energy crisis deepens as US fuel blockade strains power grid. Oil reserves depleted, blackouts spread amid Trump administration sanctions.
Iran Missile Strike Wounds 5 Americans at Kuwait Base, May 30
Iranian missile strike on Kuwait airbase injures 5 Americans, destroys $60M in drones as ceasefire negotiations stall amid Gulf tensions.
Nifty 50 Falls 1.5% on Monsoon Concerns and MSCI Rebalancing, May 30
Nifty 50 falls 1.5% to 23,547 on May 29 amid monsoon concerns, MSCI rebalancing, and profit-taking after April’s 7.5% surge. Sensex down 1.44%.
Saudi Arabia Cuts July Oil Prices for Asia Amid Weak Demand, May 30
Saudi Arabia cuts July crude prices by $3-$8/barrel due to weak demand, with Brent crude at $93 amid market softness.
BP Chairman Albert Manifold Ousted Over Conduct Disputes, May 30
BP removes Chairman Albert Manifold over governance and conduct concerns. Interim chair Ian Tyler assumes leadership amid activist pressure.
Sensex Crashes 1,092 Points on Weak Monsoon, Iran Tensions, May 30
Sensex falls 1,092 points to 74,775; Nifty drops 1.5% to 23,547 on weak monsoon, FII selling, and US-Iran tensions.
Gold Price Hits $4,524 Amid Iran Ceasefire, Forecast Targets $10,000 by 2030
Gold rallies to $4,524 on Iran ceasefire news. Yardeni Research forecasts $10,000 by 2030 amid market uncertainty.
Shangri-La Dialogue 2026: US, China Tensions Dominate Asia Summit, May 30
Asia’s top defence summit in Singapore convenes 44 nations. US Defence Secretary addresses Indo-Pacific concerns amid China’s military growth.
BREN, CUAN Surge Despite MSCI Removal, May 30
31 Indonesian stocks removed from MSCI indices. BREN and CUAN hit upper limits as domestic buyers absorb foreign outflows ahead of June 1 rebalancing.