Stocks
Crude Oil Jumps to $74.55/bbl After U.S. Strikes Iran; Diesel Surges
U.S. crude oil futures climbed over a dollar to $74.55/bbl post-market Wednesday following fresh U.S. strikes on Iran, as President Trump declared...
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Finance
Hormuz Reopening Faces Lingering Shipping Risks
A proposed US-Iran deal to reopen the Strait of Hormuz offers hope, but naval mines, high insurance, and geopolitical tensions mean shipping...
Stocks
Iran Holds Firm on Hormuz Tolls Despite US Billions Offer
The Trump administration's offer to unfreeze billions in Iranian funds, contingent on relinquishing Strait of Hormuz toll claims, has been met with...
Stocks
U.S. Crude Futures Top $70 After Iran Strikes
U.S. crude oil futures rose above $70/bbl post-market after American military strikes in Iran, responding to Iran's attack on a cargo ship...
Markets
Oil Prices Plunge as Hormuz Traffic Restarts, Peace Talks Stall
Global oil prices saw a steep weekly loss as tanker traffic resumed through the Strait of Hormuz following a U.S.-Iran peace deal,...
Markets
Oil Prices Climb as US-Iran Tensions Halt Hormuz Traffic
Benchmark crude oil prices rose Thursday following US-Iran escalation, which saw commercial traffic through the Strait of Hormuz dwindle to near zero.
Stocks
Trump Announces Hormuz Reopening Friday, Easing Tensions
The Strait of Hormuz is set to reopen Friday after a U.S.-Iran peace deal, President Trump confirmed, potentially easing energy market disruptions...
Stocks
US Stocks Climb on US-Iran Peace Deal Hopes, Oil Prices Fall
Major US equity indices advanced Friday, extending gains as hopes for a near-term US-Iran interim peace agreement fueled investor optimism and sent...
Markets
Gold Tumbles as U.S.-Iran Tensions Escalate, CPI Data Disappoints
Gold prices experienced a sharp decline as renewed conflict between the U.S. and Iran intensified, dimming hopes for the Strait of Hormuz...