U.S. forces destroyed five Iranian crude carriers after missile attacks on an American warship, escalating risks to Gulf shipping and …
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Commodities
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Dow futures fell more than 400 points as oil approached $100, Fed hike expectations increased and Canadian retaliatory tariffs took …
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Futures & Commodities
Ship Hit in Strait of Hormuz as U.S.-Iran Truce Expires
by Daphne Dougnby Daphne DougnA vessel was struck in the Strait of Hormuz as the U.S.-Iran truce expired, pushing Brent above $91 and raising …
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Futures & CommoditiesPOLITICS
Oil Jumps as US-Iran Fighting Resumes After Brief Pause
by Dean Dougnby Dean DougnBrent and WTI rose more than 3% after Iranian missiles targeted US forces and US-Saudi strikes hit Iran-aligned sites in …
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Brent and WTI extended losses as a pause in US-Iran attacks raised de-escalation hopes, although Hormuz and Red Sea supply …
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MARKETSWorld Markets
Global Stocks and Bonds Rise as Oil Retreats on US-Iran Pause
by Dean Dougnby Dean DougnGlobal stocks and bonds gained as Brent crude fell more than 5% following a pause in US-Iran attacks, easing inflation …
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Brent crude surpassed $100 after Houthi attacks on Saudi oil tankers threatened Red Sea shipping as Gulf and Black Sea …
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Futures & Commodities
Gold Retreats From Two-Week High as Oil Fuels Fed Rate-Hike Bets
by Dean Dougnby Dean DougnWhy Rising Oil Prices Are Overpowering Gold’s Safe-Haven Support
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Brent crude climbed above $94 as US-Iran hostilities, Houthi threats to Saudi tankers and a Kazakh export disruption raised global …
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Futures & CommoditiesPOLITICS
Rubio Warns Iran’s Hormuz Demands Risk Global Fallout as U.S. Strikes Continue
by Dean Dougnby Dean DougnMarco Rubio accused Iran of breaching its Hormuz commitments as U.S. strikes continued for an 11th night, threatening oil flows …