Trump can’t ‘drill, baby, drill’ his way out of this Iran oil crisis
President Donald Trump promised to “drill, baby, drill” on the presidential campaign trail. It’s not going to bail…
Retail prices could rise after Strait of Hormuz closure
The Iran war could soon mean higher prices on store shelves for consumers. Iran’s effective closure of the…
Stoxx 600, FTSE, DAX, CAC, Iran news, oil prices
Oil prices surged about 20% on Monday as the U.S.-Israeli war with Iran continued, raising fears of prolonged disruptions to…
Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%
Economic growth was much slower than expected in the final three months of 2025 while core inflation rose…
Two pipelines helping Saudi Arabia, UAE bypass the Strait of Hormuz
A foreign tanker carrying Iraqi fuel oil damaged after catching fire in Iraq’s territorial waters, following unidentified attacks…
Iran war heightens affordability issues ahead of March Fed meeting
Amid a war in Iran, inflation pressures, a weakening job market and an uncertain outlook for tariff policy, Federal…
Strait of Hormuz must remain closed
Iran’s new Supreme Leader Mojtaba Khamenei. Morteza Nikoubazl | Nurphoto | Getty Images Iran’s new Supreme Leader Mojtaba…
India’s consumer inflation rises to 3.21% in February as oil risks loom
Fuel nozzles hang at a petrol pump at a fuel station in Guwahati, India, on March 11, 2026.…
Oil market reserve release fails to calm crude prices
A dark smoke cloud engulfs destroyed vehicles near an ongoing fire following an overnight airstrike on the Shahran…
Stock market today: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were under pressure Thursday…
Three more ships struck in the Gulf as Iran warns of oil hitting $200
Commercial vessels are pictured offshore in Dubai on March 11, 2026. AFP | Getty Images Three more foreign…
Iran war fuels fears of European energy inflation shock
The energy price shock that followed Russia’s invasion of Ukraine four years ago is fresh in the minds…