Trump Warns of Military Escalation Against Iran
President Donald Trump warned Sunday that he has reached a decisive turning point in the six-month-old Iran conflict, threatening military escalation during a Fox News interview…
global crude prices
Federal Reserve Expected to Raise Interest Rates for First Time in Over 3 Years
The Federal Reserve is widely expected to lift its benchmark interest rate on Wednesday for the first time in more than three years, as the central bank moves to combat stubborn…
Oil Prices Rise 3 Percent After Strikes in Saudi Arabia and Gulf Shipping
Global crude prices climbed by nearly 3 per cent on Monday following fresh military strikes on Saudi Arabia and Gulf shipping lanes, coupled with the postponement of diplomatic…
Persian Gulf Oil Flows Recover to Two-Thirds of Pre-War Levels, Stabilizing Prices
Crude and condensate flows from the Persian Gulf have recovered to roughly two-thirds of pre-war levels, helping stabilize global crude prices near $89 a barrel.
Trump Claims Total Control of Strait of Hormuz Amid Plummeting Transit
President Donald Trump insisted on August 12, 2026, that the United States maintains total control over the Strait of Hormuz amid falling transit numbers and stalled … Read more