et the latest updates shaping global markets, the economy and the world of sport.
US President Donald Trump has announced what he describes as economic warfare against Iran, warning countries and companies helping Tehran evade sanctions could face major economic consequences. Oil smuggling, currency transfers, exchange houses and front companies are reportedly among the areas being targeted.
Meanwhile, global markets have rebounded, with South Korea’s Kospi jumping more than 6%, Japan’s Nikkei gaining nearly 1% and Hong Kong’s Hang Seng rising more than 1%. In India, the Sensex and Nifty also ended their losing streaks, while investors continue to watch US Treasury yields and Federal Reserve policy.
Bitcoin has surged more than 8%, moving close to the $70,000 level, with a major short squeeze reportedly contributing to the rally. Investors are now watching whether Bitcoin can hold the $68,000-$69,000 range.
In sports, Max Verstappen has signed a new Red Bull contract through 2030, ending speculation about his Formula 1 future. In football, Lionel Messi scored for Inter Miami in a 2-2 draw against Philadelphia Union.
Meanwhile, Harry Kane has won the European Golden Shoe for the second time after scoring 36 Bundesliga goals for Bayern Munich last season.
#trump #iran #irannews #hormuz #oil #markets #stockmarket #sensex #nifty #bitcoin #crypto #fed #businessnews #maxverstappen #redbull #formula1 #f1 #lionelmessi
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