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Iran’s newly appointed national security chief Mohsen Rezaei warned Gulf neighbors against joining Washington’s economic pressure campaign, saying Tehran would consider participating countries enemies and target their interests.
() -- Crude oil benchmarks hit their highest in more than a month on Tuesday as the US-Iran war escalated with further strikes on vessels and the US re-imposing a naval blockade on Iran in the Strait of Hormuz. Brent crude futures jumped 4.6% to $87.17 per barrel, while Murban crude futures advanced by 6.4% to $83.16/b
() -- (Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.) US equity futures were mixed pre-bell Tuesday as traders monitored the unabated rise of tensions in the Middle East, as well as the financial results of major US banks. Dow Jones Industrial Average futu
() -- US equity futures were mixed pre-bell Tuesday as traders monitored the unabated rise of tensions in the Middle East, as well as the financial results of major US banks. Dow Jones Industrial Average futures were 0.6% lower, S&P 500 futures were down 0.1%, and Nasdaq futures were 0.6% higher. US Central Command com
U.S. stock futures were mixed on Tuesday, as the Nasdaq 100 index advanced, while the Dow Jones and S&P 500 indices fell, following Monday’s lower close. As the U.S. and Iran attacks continued for the third straight night, U.S. Central Command said that operations were aimed at imposing "a heavy cost" on Iranian forces
The major averages closed broadly lower as President Donald Trump said he was reinstating a blockade on Iranian shipping through the Strait of Hormuz, even going so far in a social media post as to call the U.S. the "Guardian of the Hormuz Strait." Oil prices surged after the news, reviving concerns that higher energy
Trump on Iran: Will be guardian of the strait.
Maritime vessels continued to move through the Strait of Hormuz on Sunday, though at a much lower rate, a day after Iran announced that it had closed the strategic waterway to shipping. Transits through the strait dropped to 12 today, down from more than 21 on Saturday, according to maritime risk analytics firm Windwar
U.S. Secretary of Energy Chris Wright announced a significant shift in oil traffic through the Strait of Hormuz, after a preliminary agreement between the U.S. and Iran, aiming to resolve longstanding nuclear issues and reopen this vital waterway. Oil Traffic Through Strait Back To Normal, Says Wright In an interview w