Christine Lagarde walks back optimism; medium-term forecasts revised upward amid energy shock
Iran War
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Futures & CommoditiesMARKETSWorld Markets
U.S. Stocks Slide as Oil Surges to $112 on Iran-Qatar Energy Escalation
by Dean Dougnby Dean DougnDow drops 432 points, S&P breaches 200-day average amid stagflation fears and stalled Hormuz reopening
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Stoxx 600 sinks amid gold/silver sell-off and inflation fears; Equinor surges 8% on earnings and Arctic find
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60-day waiver aims to stabilize fuel supply as Middle East conflict sends crude prices surging.
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MARKETSWorld Markets
S&P 500 Climbs 0.7% as Trump Pushes Reluctant Allies on Hormuz Escort Coalition
by Dean Dougnby Dean DougnDow surges 440 points while oil briefly tops $100 again amid Iran war developments
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Attack hits the Shah oil and gas facility, one of the world’s largest, as energy infrastructure faces rising regional threats.
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BUSINESSLife
Drone Strike Ignites Fire Near Dubai Airport, Halting Flights at World’s Busiest Hub
by Daphne Dougnby Daphne DougnEmirates Limits Operations as Iran War Spills into UAE Airspace, Threatening Global Travel Chains
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Futures & Commodities
The U.S. is allowing Iranian oil tankers through the Strait of Hormuz, says Treasury chief
by Dean Dougnby Dean DougnTreasury Secretary signals pragmatic stance amid escalating Iran war as oil prices spike to $102
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China and Thailand halt exports amid Iran conflict, threatening aviation supply chains across Southeast Asia.
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POLITICSReviews
Trump Accuses Iran of Using AI Propaganda in War Narrative
by Dean Dougnby Dean DougnClaims of fake attack videos and images highlight growing fears that AI-powered disinformation is becoming a new weapon of war.