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…
How Iran oil shock differs from 1970s stagflation
Key Points Fears of higher prices and slower economic growth have unsettled markets over the past week following…
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…
Trump raises China stakes with Section 301 trade probe before Beijing Xi meeting
TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae…
U.S. deficit tops $1 trillion through February but runs below year-ago pace
The U.S. Treasury Department building in Washington. Saul Loeb | Afp | Getty Images The U.S. budget deficit…
Iran sends millions of barrels to China through Strait of Hormuz even as war chokes the waterway
Rotterdam hopper dredger vessel operated by Van Oord sits anchored, as Iran vows to close the Strait of…
Gas prices pass $3.50 to highest level since mid 2024 amid U.S.-Iran war
A Citgo gas station stands in Boston, Massachusetts, U.S., Jan. 6, 2026. Brian Snyder | Reuters Drivers are…
Iran defends strikes on Gulf neighbors but they say trust is broken
Foreign workers look at a tall plume of black smoke ascends following an explosion in the Fujairah industrial…
China exports sharply beat expectations as trade surplus in the first two months surges to highest on record
A cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao, Shandong Province, China,…
The Iran war puts the brakes on next Bank of England rate cut
A road closure sign leans against a wall outside Royal Exchange in the heart of the City of…
investors monitor Iran war and soaring oil price
Signs display prices for gasoline at stations on March 2, 2026 in Chicago, Illinois. Scott Olson | Getty…
Oil approaches $110 as U.S. pulls diplomats, Middle East war deepens
Smoke rises from the site of airstrikes in a central area of the Iranian capital Tehran on March…