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الشارقة 24
Is U.S. debt losing its edge
A report stated that U.S. President Donald Trump is considering transforming the Ontario region into what is dubbed "America Lake," aimed at enhancing American influence and achieving potential economic and geographical interests. This comes amid disturbances in the Strait of Hormuz, which have revitalized the Tanzania Gas Project valued at $42 billion. The oil market also saw a 3% decline to its lowest level in a week following record results by Woodside Energy and a reduction in the 2026 earnings forecasts by DZ Bank. Additionally, the report discusses the possibility of the U.S. debt losing its "extraordinary privilege" advantage in the bond market, while sanctions on Iran raise concerns about Chinese companies involved.
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