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The movement of oil out of the Middle East is reportedly above pre-conflict levels, but so have attacks on vessels in the Strait of Hormuz amid escalating tensions between the U.S. and Tehran. Shipping Data Shows Surge in Oil Movement According to a report by Reuters on Monday, which cited provisional estimates from th
US And Iran Officials Meet In New York To Discuss Ending The War - Witkoff: US Engaged In Lengthy Talks With Iranian Delegations At UNGA - Zelensky Says Russia Planning New Mass Attack On Ukraine - Macron Calls On Russia, Ukraine To Halt Strikes On Energy Infrastructure - Trump, Greenland And Denmark Sign Deal In Bid T
Most Bangladeshi garment makers have seen production hit by gas and power shortages, with many buyers cutting orders or halting production. However, one supplier, 4A Yarn Dyeing, has largely avoided disruption due to its own power generation, including solar. The government recently raised fuel prices by up to 17.4% du
President Donald Trump has warned Iran of severe economic consequences or the destruction of its leadership unless Tehran agrees to a deal, while Iranian officials have threatened retaliation. US Stock Futures Rise, Oil Prices Fall as Asian Markets Gain Dow futures rose 120 points, or 0.23%, to 52,199.00, while S&P 500
Iran says new attack would trigger sustained retaliation against US bases and interests Iran says US regional allies would be considered parties to conflict US alert warns of unforeseen Middle East escalation, possible airspace closures (Adds no immediate Department of Defense response to request for comment) By Jana C
Iran says new attack would trigger sustained retaliation against US bases and interests Iran says US regional allies would be considered parties to conflict US alert warns of unforeseen Middle East escalation, possible airspace closures By Jana Choukeir DUBAI, Sept 20 (Reuters) — Iran warned on Sunday against any big n
James Thorne, Chief Market Strategist at Wellington Altus, said Federal Reserve Chair Kevin Warsh has failed the test, as his handling of Wednesday’s rate hike shows the Fed’s underlying policy approach hasn’t changed under new leadership. Following the Same Playbook Thorne said Warsh’s Jackson Hole remarks, the intere
U.S. Energy Secretary Chris Wright warned oil traders not to expect Iran’s latest diplomatic push to produce a rapid breakthrough in the Strait of Hormuz, Bloomberg News reported Sunday.Iran is preparing to discuss a temporary shipping arrangement with Gulf nations in Oman. However, reports indicat…
Former President Barack Obama reportedly emphasized the necessity for Democrats to prioritize oversight of artificial intelligence, citing a potential risk of the technology being "dangerous" if not properly managed. Obama Stresses Importance of a Clear AI Framework During a private fundraising event Thursday, Obama st
Brent crude climbed above $108 a barrel as reports said Iran-backed Houthis seized Yemen’s key Red Sea port of Mocha and advanced toward the Hanish Islands. The report also said Asian markets fell and U.S. stock futures were mixed.
The EIA now expects Brent crude to average about $91 a barrel in 2026 and WTI $84.65, both higher than its prior forecast. The agency said global oil stocks have fallen by an estimated 400 million barrels this year and cited reduced Middle East production and exports.
ECB Set To Tighten Again, But Path Beyond September Less Clear - Traders Bet On Four Rate Hikes From ECB And BoE As Oil Surges - Germany Calls For Hundreds Of Billions Of Euros In Cuts To EU Budget - Iran And US Hit Tankers In Wave Of Attacks On Shipping Since War Began - Trump s Advisers Confront Possibility Iran War
U.S. equities fell at midday Wednesday as Brent crude topped $100 a barrel and the 10-year Treasury yield climbed to a three-year high, reviving inflation and rate-hike concerns. Energy was the only S&P 500 sector in positive territory.
Iran and Oman are reportedly in the final stage of talks on a temporary safe route in the Strait of Hormuz, with Iranian officials saying an agreement could come in coming days.
US Energy Secretary Chris Wright said a nuclear agreement with Iran may never happen, adding that the United States is degrading Tehran's nuclear capacity and will work with regional allies.
Brent crude rose above $96 a barrel after fresh U.S. strikes on Iranian targets and Iranian retaliation across the Middle East raised Strait of Hormuz fears.
Treasury Secretary Scott Bessent said new land-based pipelines could reduce reliance on the Strait of Hormuz within two years, calling it a less important oil route and linking the shift to U.S. pressure on Iran.
U.S. strikes on Iranian targets near the Strait of Hormuz sent Brent above $95 and WTI over $90, while USO and BNO rallied and defense contractors slipped.
Iran has urged countries to resist Washington’s sanctions campaign while signaling that access through the Strait of Hormuz and a possible return to diplomacy could depend on the U.S. easing economic pressure and addressing wider Middle East conflicts. Iran Warns Countries Against US Sanctions On Friday, Iran’s Foreign
SK Hynix and Samsung Electronics fall in Seoul after reports that U.S. officials pressed South Korean chipmakers and the government to invest in U.S. memory-chip production.
Iran warns that support for new U.S. sanctions would constitute an act of war and threatens retaliation against oil shipping routes, as U.S. Treasury Secretary Bessent plans new Iran measures on Monday and Pakistan’s army chief visits Tehran for de-escalation talks.
Crude oil rose to $81.8 a barrel on Friday and is up nearly 5% this week as the US steps up economic pressure on Iran and the IEA warns of a deeper global supply deficit.
U.S. officials say the naval blockade of Iran can be maintained “indefinitely,” while Treasury Secretary Scott Bessent warns of impending measures tied to the economic isolation campaign.
Crude oil falls below $82 a barrel after five straight gains as the IEA warns demand prospects are weakening and US inventories surge by 17.4 million barrels.
US stock futures are higher as investors await July CPI data
Iran's new security chief says the Strait of Hormuz will remain closed until the US meets Iranian demands
(Editor’s note: The ETFs data was updated and economic data was added.) U.S. stock futures were mixed on Thursday, as the Dow Jones and S&P 500 indices rose and the Nasdaq 100 index declined, following Wednesday’s mixed close. Fresh economic data signaled a resilient labor market alongside steady economic output, as pr
Kuwait’s armed forces intercepted drone attacks by Iran on Saturday that targeted "vital facilities" as the Trump administration weighs new strikes. Falling shrapnel from drones caused "material damage," the Ministry of Defense spokesman, Major General Saud Abdulaziz Al-Otaibi, said in a statement. No people were injur
USO Iran's revolutionary guards' spokesperson warns Shipping companies that the strait of Hormuz Southern route is mined - post on X
Iran's Revolutionary Guards' spokesperson warns shipping companies that the Strait of Hormuz southern route is mined - Post on X.