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Oil Tops $90 as Renewed U.S.-Iran Fighting Pressures Markets and Fuel Costs

Elijah Council August 31, 2026

Brent crude rose above $90 per barrel after renewed U.S.-Iran military action near the Strait of Hormuz, adding pressure to markets, fuel costs and inflation expectations.

Rising Bond Yields Increase Pressure on Heavily Indebted Governments

Elijah Council August 30, 2026

Higher government bond yields are increasing borrowing costs across major economies as debt, inflation, geopolitical instability and heavy investment demands converge.

BRICS Nations Discuss Linking Payment Systems and Central Bank Digital Currencies

Elijah Council August 30, 2026

BRICS members are discussing possible links between national fast-payment systems and central bank digital currencies as they seek cheaper and more efficient cross-border transactions.

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* The views and opinions expressed in Elijah Council News articles, commentary, and analysis are presented for informational, educational, and biblical consideration. Commentary and interpretation reflect the editorial perspective of Elijah Council News and should be distinguished from the factual reporting and statements of the original news sources cited. Elijah Council News seeks to report current events accurately while providing analysis and, where genuinely relevant, a biblical perspective; readers are encouraged to examine the sources, consider the evidence, and reach informed conclusions.