Major U.S. stock indexes advanced during the week—with several notching fresh record highs—as generally favorable corporate earnings, renewed enthusiasm around AI-related stocks
Read MoreMajor U.S. stock indexes advanced during the week—with several notching fresh record highs—as generally favorable corporate earnings, renewed enthusiasm around AI-related stocks
Read More“The U.S.A. has total control over the Strait of Hormuz. I THINK WE WILL KEEP IT!” Trump wrote on his Truth Social platform. “Our Naval Blockade is being called, by everyone, ‘A WALL OF STEEL,’
Read MoreIran set preconditions on Saturday for a reopening of the Strait of Hormuz, including compensation for war damages, complicating a potential deal to open the waterway essential to the world economy.
Read MorePresident Donald Trump said on Monday the United States was reinstating its blockade of Iranian shipping in the Gulf and would ensure the Strait of Hormuz stays open
Read MoreThe United States has revoked a sanctions waiver that authorized the sale of Iranian oil because of its repeated attacks on tankers in the Strait of Hormuz
Read MoreIran’s top diplomat warned Sunday that any attempt to bypass the Strait of Hormuz routes agreed with the United States would “increase tensions” in the Middle East
Read MoreNo transit or service fees will be imposed on ships passing through the Strait of Hormuz during the current 60-day period, Pakistani Foreign Minister Ishaq Dar told Al Arabiya on Sunday
Read MoreAt least 20 oil tankers have crossed the Strait of Hormuz since the U.S. and Iran began to reopen the sea lane to commercial ship traffic, according to the trade intelligence firm Kpler.
Read MoreWith the signing of the peace agreement and the reopening of key energy supply routes, analysts expect global energy markets to stabilize
Read MoreA senior European official says the situation in the Middle East has highlighted how exposed the interconnected global economy is to external shocks.
Read MoreGlobal oil inventories are falling at a record pace to compensate for the big supply disruption in the Middle East and they will approach critical levels if the Strait of Hormuz does not reopen.
Read MoreA CIA assessment indicated that Iran would not suffer severe economic pressure from a US blockade of Iranian ports for about another four months, according to a US official
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