In the early days of the Iran war, analysts held the grim prediction that crude oil…
Tag: Iran
U.S. strategic petroleum reserve is heading toward panic levels
The nation’s emergency reserve for oil and fuel supplies is slipping below Biden-era lows to its…
Oil trims gains as traders weigh fallout from US strikes on Iran
Oil erased gains as traders weighed the outlook for peace talks over the Iran war after…
Anduril CEO Brian Schimpf says economic warfare is the ‘new normal’ for military conflicts
Brian Schimpf, CEO of defense tech company Anduril, says that the nature of modern armed conflict…
Airline industry’s profits could be cut in half as it braces for its worst year since the pandemic
Even as travelers keep flying, airlines’ profits could be cut in half, thanks in part to…
Markets face triple threat of Iran war reigniting, AI bubble popping, and Fed rates rising
Investors should buckle up for a bumpy ride as multiple risks have suddenly converged to test…
Iran fires missiles at Israel as Trump says ‘I’m not happy about’ Israeli strikes on Lebanon
Israel said Sunday that Iran launched missiles at it in the first such bombardment since a…
Trump calls Iran war a ‘military exercise’ as Hormuz fighting heats up and denies vowing no new wars
Missiles and drones are flying across the Persian Gulf, but President Donald Trump minimized the war…
U.S. floats steering frozen Iran assets to Gulf allies for repairs
The Trump administration is seeking to steer Iranian assets toward helping US allies in the Persian…
The Strait of Hormuz is more open than previously thought as the U.S. provides ‘naval overwatch’
Talks to extend the ceasefire between the U.S. and Iran are dead in the water, but…
Trump says ‘situation with Iran seems to be going quite well’ as US shoots down missiles and drones
The U.S. military said it shot down Iranian ballistic missiles and drones launched toward the Strait of…
ICC Secretary General: The Hormuz clock that matters isn’t diplomatic — it’s agricultural
The closure of the Strait continues to be treated mainly as an energy shock. But the…
Republicans defy Trump in shock move, passing resolution in Congress to limit Iran war powers
The House approved a war powers resolution Wednesday that would halt the U.S. military action against Iran,…
Copper drops from three-week high as US and Iran exchange fire
Copper fell from a three-week high amid pessimism over the outlook for a deal to end…
EM currencies advance on Iran talks
Most emerging market currencies advanced outside Asia as hopes of a deal in the Middle East…
Iran: 'Waiting For Godot'
Iran: 'Waiting For Godot'#Iran #039Waiting #Godot039
South Africa business mood slips as Iran war upends rate outlook
South African business sentiment weakened in the second quarter as consumers faced fresh pressures from the…
The U.S. and Europe feared the Iran conflict would curtail the Gulf’s appetite for global investments. The opposite is true
Gulf sovereign wealth funds collectively stepped up dealmaking over the last three months, defying expectations that…
CEOs are losing confidence in the economy and expect conditions to worsen in the next six months
If you’ve been feeling uncertain about the future of the economy, you’re not the only one.…
The Strait of Hormuz is splitting into U.S. and Iranian lanes even while fighting intensifies
Traffic through the Strait of Hormuz remains just a fraction of pre-war levels, but more ships…