Oil prices slide as Trump confirms Israel-Iran ceasefire Oil prices extended their decline, a day after Iran retaliated with a missile strike on a U.S. airbase in Qatar, leaving no reported casualties. Soon after, U.S. President Donald Trump... Stacy Pereira — 1 month ago
Here’s why everyone is talking about the Strait of Hormuz 20% of the world’s oil flows through this one chokepoint — and it's on the brink. With Iran threatening to close the Strait of Hormuz after U.S. strikes, global markets... Stacy Pereira — 1 month ago
What is the Strait of Hormuz and why is it important for oil? U.S. strikes targeting three nuclear sites Sunday prompted an upward spike in oil prices and major U.S. benchmarks by as much as 4%. The sites targeted were in Fordo, Natanz,... Johann Wilfred — 1 month ago
Markets jitter: Stocks tumble, oil boils on Israel-Iran escalation Stock markets dipped in response to Israel's attack on Iran on June 13. Major U.S. indices are reacting to the news with the Dow futures down 1.41%, S&P futures down... Johann Wilfred — 1 month ago