by Richard Garrett | May 15, 2026 | Economy
Oil prices pushed sharply higher as the ceasefire between the United States and Iran showed renewed signs of strain, with the Strait of Hormuz remaining essentially closed to commercial traffic and global oil inventories racing toward critically low levels. Brent...
by Richard Garrett | May 14, 2026 | Economy
U.S. stock markets pulled back on Monday after a turbulent weekend of events reignited tensions between Washington and Tehran, raising fresh doubts about the durability of peace talks and sending investors back into a cautious defensive posture. The Nasdaq Composite...
by Richard Garrett | May 14, 2026 | Economy
Oil prices dropped sharply on Friday after Iran’s foreign minister declared the Strait of Hormuz “completely open,” triggering a significant rally in energy markets that had been under severe strain since the conflict began nearly seven weeks ago....
by Richard Garrett | May 12, 2026 | Economy
American factory production fell in March after two consecutive months of solid gains, delivering a disappointing result that reflects growing hesitation among manufacturers dealing with elevated energy costs and the economic uncertainty created by the Iran conflict....
by Richard Garrett | May 12, 2026 | Economy
U.S. stocks posted fresh record highs on Thursday as investor optimism surged following President Donald Trump’s announcement that Israel and Lebanon had reached a temporary ceasefire, removing a significant sticking point from ongoing U.S. and Iran...
