U.S. warns shipping firms over paying Iran to transit the Strait of Hormuz
BEIRUT — The United States is warning shipping companies they could face sanctions for paying Iran to pass safely through…
Rising oil prices from Iran War contributed to closure
Spirit Airlines is going out of business after 34 years, at least in part because of rising oil…
Rising oil prices from Iran War contributed to closure
Spirit Airlines is going out of business after 34 years, at least in part because of rising oil…
Trump’s Iran blockade snatches defeat from the jaws of victory
It appears Donald Trump once again snatched defeat from the jaws of victory by heeding the hawkish counsel…
Europe doesn’t know how much fuel it has – POLITICO
Europe’s gas stocks, for a start, were already low before the attack on Iran, averaging under 30 percent…
Mohammed El-Erian: Global recession could happen within a month if Strait of Hormuz stays closed
The countdown is on: The global economy has four weeks, eight at most, if it is to avoid…
Iran engages in smuggling scheme with tankers disguised as Iraqi ships to avoid blockade
WASHINGTON (TNND) — Tankers posing as Iraqi ships are moving millions of dollars in Iranian crude as the…
One Iran-Driven Price Shock Could Fuel Consumer Inflation
A key input for clothes, beauty products, and other consumer goods has seen a historic price spike due…
Oil Rallies Toward $120 As Middle East Supply Risks Spiral
Oil prices extended their rally on Wednesday after reports emerged that the U.S. will tighten its blockade on…
Oil Price Today: Why Crude Is Suddenly Back to Iran War Peaks
Markets have been laser focused on the coming wave of tech earnings and the Fed, but oil has…
Iran war costs EU €500M a day, von der Leyen warns – POLITICO
Von der Leyen framed the conflict as further proof that the EU should accelerate its shift away from…
Dow, S&P 500, Nasdaq drop as chip stocks sink on OpenAI report, oil rises
US stocks slipped from record highs on Tuesday as OpenAI (OPAI.PVT) doubts weighed on tech stocks and the…