US News

Crude oil prices rose on January 28, driven by US winter storm, a weak dollar, and global supply concerns. WTI traded above $62 per barrel, while Brent neared $68. US production losses, Kazakhstan outages and Middle East tensions supported prices.

India and the European Union have signed their largest trade deal. A US trade official says the agreement tilts in New Delhi’s favour, offering wider market access and potential worker mobility.

Oil prices were steady on January 27 as supply losses from a US winter storm were balanced by the return of oil exports from Kazakhstan. US producers lost up to 2 million barrels per day due to weather, while refinery disruptions raised fuel concerns

Oil prices edged higher on Monday after last week’s strong gains, supported by US supply disruptions caused by severe winter storms and rising tensions between the US and Iran. Brent crude traded near $66 a barrel, while WTI hovered around $61.

US President Donald Trump dominated the World Economic Forum in Davos, drawing huge crowds, sharp reactions and intense debate. His remarks on Greenland, Ukraine and globalisation turned the spotlight back on a forum often criticised as out of touch.

Oil prices rose on January 23 as fresh warnings from US President Donald Trump against Iran raised fears of supply disruption. Brent climbed to $65.18 a barrel while WTI moved above $60. The rebound followed earlier losses after eased tariff threats.

Iran’s Revolutionary Guards warned the United States they are ready to strike as tensions remain high after weeks of deadly protests. President Donald Trump said Tehran still wants talks, even as Washington weighs military options.

Crude oil prices fell to $59.65 per barrel on January 22, 2026, down 1.59 per cent, as global oversupply concerns continued to weigh on the market. Despite rising 2.18 per cent over the past month, prices remain far below last year’s levels.

In 1968, a US B-52 bomber carrying four nuclear weapons crashed near Thule in Greenland after an onboard fire. The impact caused radioactive contamination and killed a crew member. The accident exposed secret US nuclear flights over Danish territory.

Global stock markets were mostly steady as Trump repeated calls for talks to take control of Greenland but ruled out force. Markets remained cautious after his tariff threats against major European nations raised fears of slower growth, retaliation.