Crude prices climbed sharply on Monday following fresh military strikes and announcements regarding the closure of the strategic Strait of Hormuz, according to reports from Al-Monitor. … Read more
U.S. economic growth slowed to an annualized 1.5% in the second quarter while annual inflation dipped to 3.3% in June, according to federal data published Thursday. … Read more
Energy major Reuters reported net profits of $9.84 billion for the April-to-June second quarter, more than doubling from $4.26 billion during the same period a year … Read more
The United States military carried out a new round of heavy strikes on Iran on Wednesday, following Iranian attacks on ships in the Strait of Hormuz, … Read more
The Strait of Hormuz and Bab el-Mandeb have effectively shut down to normal tanker traffic, with Iran’s IRGC and Houthi blockades driving operational shifts in regional … Read more
U.S. stocks tumbled and oil prices surged on Wednesday after President Trump declared that the ceasefire with Iran is over, following a dramatic escalation of military … Read more
Iran rejected an Omani proposal for joint oversight of the Strait of Hormuz on Tuesday, putting forth its own counterproposal as U.S. airstrikes continued for a … Read more
Federal Reserve policymakers are widely expected to keep the benchmark interest rate unchanged following their two-day meeting in Washington, according to reports from Reuters and AP … Read more
The Pentagon removed four recently killed U.S. service members from its official Iran war death toll and placed them in a new online category called Overseas … Read more
The U.S. military announced that it successfully knocked down an Iranian ballistic missile barrage targeting American forces in the Middle East, according to Apnews. United States … Read more
Iran rejected an Omani-backed proposal to manage the Strait of Hormuz through voluntary fees and shared transit corridors, insisting on wartime control of the strategic waterway. … Read more
President Donald Trump declared the interim cease-fire with Iran over on July 28, 2026, following fresh maritime clashes and U.S. strikes on Iranian targets. While negotiations … Read more