Trump News

Crude timing: $7 billion 'unusual' oil bets placed ahead of Iran war announcements

Massive oil market bets, totaling up to $7 billion, were placed just before significant US President Trump announcements concerning Iran. Traders executed large sell orders minutes before key political developments, leading to substantial price drops. This unusual timing and scale have triggered regulatory scrutiny, with investigators examining potential insider trading ...

TOI Business Desk / Times of India | Fri, 8 May 2026 10:12:19

Trump says Iran ceasefire holds despite exchange of fire

Washington and Tehran blamed each other for sparking reciprocal attacks

FT | Fri, 8 May 2026 09:43:14

Trump's Beijing trip, Iran war diplomacy, tech earnings

US President Donald Trump will bring a scaled-back group of chief executive officers with him on a trip to Beijing next week, reflecting limited expectations for a summit that may be overshadowed by the war on Iran. The White House considered inviting about a dozen business leaders on the May ...

Raymond Ma,Neil Denslow / South China Morning Post | Fri, 8 May 2026 09:00:11

Trump Exempted Some of the Nation's Biggest Polluters From Air Quality Rules. All It Took Was an Email.

The post Trump Exempted Some of the Nation's Biggest Polluters From Air Quality Rules. All It Took Was an Email. appeared first on ProPublica .

Mark Olalde / ProPublica | Fri, 8 May 2026 09:00:00

US strikes down Trump's 10% tariffs - How should India proceed now?

US courts have again blocked Trump's 10% global tariffs, deeming them unauthorized. This ruling, following earlier tariff invalidations, signals a return to WTO's MFN rates. For India, this policy instability raises concerns, prompting advice to pause Free Trade Agreement talks until US trade systems stabilize, preventing one-sided deals.

TOI Business Desk / Times of India | Fri, 8 May 2026 08:51:20

Europe markets drop as investors weigh Trump’s latest EU tariff warning

Seeking Alpha | Fri, 8 May 2026 08:49:01

Trump invites Boeing, Mastercard CEOs to join China trip next week: sources

The administration of US President Donald Trump is inviting American CEOs from Boeing, Mastercard, Citigroup and other major corporations to join his delegation to China next week, according to multiple sources. Trump is visiting China on May 14 and 15 after his scheduled visit for March 31 was postponed following ...

Kandy Wong,Frank Chen / South China Morning Post | Fri, 8 May 2026 08:31:53

US stance on Victory Day shifts dramatically under Trump administration - Russian envoy

Alexander Darchiev noted that the Immortal Regiment march has been held in central Washington for the past two years

Tass | Fri, 8 May 2026 08:24:13

White House Brands Mark Hamill 'One Sick Individual' Over Donald Trump Grave Post

David Moye / Huffington Post | Fri, 8 May 2026 08:14:39

Trump threatens EU with 'much higher' tariffs if no trade deal signed by new deadline

President Donald Trump said he will give the European Union until July 4 to ratify its trade agreement with the U.S.

CNBC | Fri, 8 May 2026 07:32:28

The man trying to make Trump's tariffs go on forever

The fate of the president's economic agenda rests with this "trade nerd."

Daniel Desrochers / Politico | Fri, 8 May 2026 07:00:00

Trump says EU has until July 4 to approve last year's trade deal or it will face higher tariffs

President Donald Trump said in a Thursday social media post that goods from the European Union would face higher tariff rates if the 27-member bloc fails to approve last year's trade framework by July 4. The announcement appeared to be a deadline extension after the president said last Friday that ...

Malta Independent | Fri, 8 May 2026 06:10:00

$7 Billion in Oil Bets Under Investigation

The Commodity Futures Trading Commission has launched an investigation into short oil bets worth a total $7 billion, made in March and April right before statements by President Donald Trump that led to oil price drops, Reuters has reported, citing exchange data and unnamed trading sources. Earlier reports pegged the ...

Irina Slav / Oil Price | Fri, 8 May 2026 06:00:00

'Not a Chance Hormuz Opens': How Wall Street's new NACHO trade bets on a prolonged oil shock

Traders are embracing the "NACHO" trade, betting Hormuz disruptions and elevated oil prices will persist longer than expected.

CNBC | Fri, 8 May 2026 05:39:21

Rupee in red: Currency falls 45 paise to 94.67 against US dollar

The Indian rupee opened sharply lower against the US dollar, falling 36 paise to 94.58 due to rising Middle East tensions. This marked a reversal from Thursday's gains, as US President Trump warned Iran of stronger military action.

TOI Business Desk / Times of India | Fri, 8 May 2026 05:10:55

'Keep calm and carry on' with Trump, says EU president Costa

Also in this newsletter: Prime Minister Giorgia Meloni expected to reaffirm Italy's commitment to good ties with Washington

FT | Fri, 8 May 2026 05:00:04

Trump says ceasefire still in effect, but Iran 'better sign agreement fast'

US President Donald Trump says the ceasefire with Iran is still in effect, despite clashes in the Strait of Hormuz.

Al Jazeera | Fri, 8 May 2026 04:25:03

US businesses urge Trump to intervene over new EU consumer rules

American companies fear an update to Brussels' 'Product Liability Directive' will make it easier for consumers to sue

FT | Fri, 8 May 2026 04:00:24

Trump's generational boost to US savings should be expanded

Congress should introduce auto-enrolment for American Dream Accounts and widen the eligibility for savings incentives

FT | Fri, 8 May 2026 04:00:14

How Energy Prices Are Driving Demand for Solar Panels and Heat Pumps

Already having faced an energy crisis five years ago, more European consumers believe they are "one Trump-ignited war away" from crushing costs.

Eshe Nelson / NY Times | Fri, 8 May 2026 04:00:09

Trump sons back $1bn vehicle targeting sectors championed by US president

Eric Trump and Donald Trump Jr invest in entity channelling money into companies in AI and drone sectors

FT | Fri, 8 May 2026 04:00:04

Trump says ceasefire still in effect after US and Iran clash

UAE intercepts Iranian drones and missiles as tensions escalate

FT | Fri, 8 May 2026 03:44:23

WILL TRUMP'S CORRUPTION SINK HIM?

Many historians, analysts and politicians now agree that Donald Trump's presidency is the most corrupt in U.S. History. But on the corruption front will Trump again be "Teflon Don?" Will there be consequences and, more importantly, could his corruption actually be the thing that sinks him? The Bulwark's Mona Charen ...

JOE GANDELMAN, Editor-In-Chief / Moderate Voice | Fri, 8 May 2026 03:12:49

Friday Watch

Around X: @Business When Donald Trump's plane touches down in Beijing, he'll become the first sitting US president to visit China in nearly a decade. Donald Trump said there's no need for curbs on US oil or jet fuel exports to address global shortages sparked by the war with Iran. ...

Unknown / Between the Hedges | Fri, 8 May 2026 02:55:00

Trump says US-Iran ceasefire still in place after exchange of fire in Strait of Hormuz

Iran accuses the US of violating the truce, alleging it targeted an oil tanker and carried out attacks on coastal areas.

BBC | Fri, 8 May 2026 02:07:54

Greece bets big on MAGA, as other EU countries turn away from Trump

While the U.S. president's relations with other European countries sour, he is hailing Greece as

Nektaria Stamouli, Eliza Gkritsi / Politico | Fri, 8 May 2026 02:01:00

Iran ready to transfer 'nuclear dust' to US - Trump

The US president reiterated that the deal with Iran stipulates that Tehran will give up nuclear weapons

Tass | Fri, 8 May 2026 01:58:49

Trump to test limits of dealmaking in Beijing

The wrangling over a business delegation for next week's summit in Beijing is just one sign of the delicate balancing act the administration is trying to strike on the commercial relationship between the economic rivals.

Ari Hawkins, Daniel Lippman / Politico | Fri, 8 May 2026 01:27:03

Has Trump's Iran ceasefire just collapsed?

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Sky | Fri, 8 May 2026 01:14:00

Oil prices rise after US and Iran exchange fire in Hormuz strait

The flare-up further endangers the US-Iran ceasefire, which Trump extended indefinitely on 21 April.

BBC | Fri, 8 May 2026 01:02:00

Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths

Thanks to the Iran war, big issues for U.S. businesses like rare earths and supply chains may take a back seat on the agenda for the Trump-Xi summit.

CNBC | Fri, 8 May 2026 00:56:49

Labor wants to blame rising inflation on Trump and Iran. But politically targeted spending is also to blame

We have a recurring pattern at the federal level: every three years, we have an election just after a budget, so we end up with a stimulatory budget every three years, whether the economy needs it or not. The post Labor wants to blame rising inflation on Trump and Iran. ...

Bernard Keane / Crikey | Fri, 8 May 2026 00:34:30

Iran war live: Trump says ceasefire still 'in effect' as Iran, US clash

Iran accused the US of violating the ceasefire by targeting Iranian vessels and carrying out strikes on coastal areas.

Al Jazeera | Fri, 8 May 2026 00:00:00

US leader threatens Iran with new strikes if no deal is signed soon

Donald Trump says the US would attack "a lot harder, and a lot more violently"

Tass | Thu, 7 May 2026 23:56:52

Ceasefire between Iran, US remains in effect - Trump

The US president characterized the military action as a "love tap," ABC News reporter Rachel Scott said after a conversation with him

Tass | Thu, 7 May 2026 23:52:26

U.S. and Iran Exchange Fire in Persian Gulf

"The U.S. military said Iran launched missiles, drones and small-boat attacks at U.S. warships near the Strait of Hormuz, and that the U.S. responded by intercepting the threats and striking Iranian military sites responsible for the attacks," the Wall Street Journal reports. "President Trump said the cease-fire with Iran is ...

Taegan Goddard / Taegan Goddard | Thu, 7 May 2026 23:43:11

Last Updated: 10:07 GMT Friday, 8 May. 2026 | enquire