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G7 Foreign Ministers Meet in Niagara to Hear Ukraine’s Plea Amid Escalating War

Top diplomats from the Group of Seven (G7) nations gathered in Niagara-on-the-Lake, Ontario , for high-stakes talks with Ukraine’s Foreign Minister as Russia intensifies its assault on Ukraine’s power grid. The meeting, hosted by Canada’s Foreign Affairs Minister Anita Anand , comes at a critical moment as rolling blackouts sweep across Ukraine ahead of winter. Foreign ministers from Canada, the United States, the United Kingdom, France, Germany, Italy, Japan, and the European Union posed for a family photo before beginning discussions. Ukraine’s foreign minister is expected to brief the group on the humanitarian and security consequences of Russia’s latest attacks, which have left millions vulnerable to freezing temperatures. The summit is not limited to Ukraine. Ministers are also addressing broader geopolitical challenges, including instability in the Middle East and shifting trade relationships. Still, Ukraine remains the centerpiece of the agenda, with G7 leaders reaffirming ...
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Wall Street Futures Slip Amid Escalating Middle East Tensions

U.S. stock index futures edged lower on Tuesday as the ongoing conflict between Israel and Iran continued to weigh on investor sentiment. The airstrikes and military escalations, now in their fifth day, have raised concerns about disruptions to oil exports from the Middle East, pushing crude prices higher.  

Energy stocks saw gains in premarket trading, with Chevron and Exxon rising nearly 1% each, as oil prices remained elevated due to uncertainty in the region. Meanwhile, broader market indices struggled, with Dow E-minis down 269 points (0.63%), S&P 500 E-minis falling 37.25 points (0.62%), and Nasdaq 100 E-minis dropping 138.5 points (0.63%).  

Investors are also closely watching the Federal Reserve’s upcoming policy meeting, scheduled for Wednesday. The central bank is widely expected to keep interest rates unchanged, but traders are pricing in potential rate cuts later in the year.  

As geopolitical tensions persist, market participants are shifting toward safe-haven assets, with U.S. Treasury yields dipping across the curve. The uncertainty surrounding the Middle East conflict and its potential economic impact continues to drive volatility in global financial markets.

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