How might the ongoing situation in the Strait of Hormuz affect our economy and energy policies?
President Trump says he is in talks on building coalition to open up crucial waterway
Global business and financial news, stock quotes, and market data. Breaking news on world markets, economics, politics, and business.
President Trump says he is in talks on building coalition to open up crucial waterway
Oil price soars as Iran war threatens energy exports
βThis will be so, so, so, so, so bad,β one analyst says
The threat is in retaliation for alleged Israeli strikes on Iranβs South Pars gas field
Money market pricing shows three quarter-point rises in UK interest rates are fully priced in, as bond yields hit highest since financial crisis
It is also the first time the target has been lowered since it was cut to "around 5%" in 2023
The war with Iran, which began on Friday night when the U.S. and Israel launched joint strikes against Tehran, entered its fourth day Tuesday, with CENTCOM reporting at least six U.S. servicemen killed. Reports suggest that number is an undercount. The Iranian Red Crescent Society reported that the death toll in Iran is already at [β¦] The post Iran War Enters Fourth Day appeared first on The American Conservative
From soaring fuel prices in Pakistan to a shortage of cooking gas in India, Asia is bearing the brunt of the energy crunch sparked by the Iran War. Hear how the crisis is unfolding on the Big Take Asia Podcast. (Source: Bloomberg)
A renewed oil spike stoked fears the war in Iran will further crimp energy supplies and fuel inflation, spurring a slide in stocks, which were also hit by signs of distress in the $1.8 trillion private-credit market
After six days of US-Israeli attacks on Iran, the conflict is escalating as regional tensions rise
Maritime traffic in the Strait of Hormuz has ground to a near-complete halt, with no oil shipments going through in the past 24 hours, as the Middle East war disrupts the vital waterway
US President Donald Trump expressed confidence in the US military campaign against Iran even as the duration of military operations remains uncertain. But former Secretary of State Antony Blinken says real change in Iran will require a sustained military focus in the Middle East that could wear down US weapons stockpiles. Mark MacCarley, retired Major General in the US Army and Managing Attorney, MacCarley and Rosen spoke to Bloombergβs Horizons Middle East & Africa anchor Joumanna Bercetche on the likely duration and cost of such wars. (Source: Bloomberg)