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Oil Prices Fall as U.S. Pushes Allies to Protect Strait of Hormuz

Oil Prices Fall as U.S. Pushes Allies to Protect Strait of Hormuz

by Richard Garrett | Mar 20, 2026 | Economy

Oil prices declined as the United States increased pressure on allies to help secure shipping routes through the Strait of Hormuz, a critical passage for global energy supplies. The pullback comes after weeks of sharp gains driven by the conflict involving Iran, which...
US GDP Growth Revised Down to 0.7% as Inflation Pressures Persist

US GDP Growth Revised Down to 0.7% as Inflation Pressures Persist

by Richard Garrett | Mar 20, 2026 | Economy

Economic growth in the United States slowed sharply at the end of 2025 while inflation remained elevated entering the new year, according to updated government data. The revised figures from the Bureau of Economic Analysis showed that gross domestic product increased...
Consumer Prices Rise 2.4% in February as Inflation Holds Steady

Consumer Prices Rise 2.4% in February as Inflation Holds Steady

by Richard Garrett | Mar 20, 2026 | Economy

Inflation in the United States remained largely stable in February, according to the latest government data, providing a snapshot of price trends before rising oil prices linked to the conflict involving Iran began reshaping the outlook. The Consumer Price Index...
Blackstone Faces Rising Withdrawals From Flagship Private Credit Fund

Blackstone Faces Rising Withdrawals From Flagship Private Credit Fund

by Richard Garrett | Mar 16, 2026 | Economy

Blackstone is facing increased pressure in the private credit market after a surge in investor withdrawals from its flagship credit fund. The New York based asset manager revealed that clients requested billions of dollars in withdrawals during the first quarter,...
Iran War Sparks Recession Fears and New Lessons for Investors

Iran War Sparks Recession Fears and New Lessons for Investors

by Richard Garrett | Mar 16, 2026 | Economy

The conflict involving Iran is sending shockwaves through financial markets, prompting recession warnings, sharp stock declines, and a fresh debate about how investors should react. Oil prices surged above $110 per barrel after comments from Donald Trump and Defense...
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  • Oil Prices Rise After Weekend Israel-Iran Strikes Threaten Ceasefire and Peace Talks
  • Rate Hike Odds Jump to 68% for December as May Jobs Report Resets Fed Expectations

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