The narrow Strait of Hormuz has been a vulnerability in the global oil supply network for decades. Here we go again.

Concerns over escalating hostilities in the Middle East stayed front and centre in markets on Wednesday, 18 June 2025 sending oil prices higher and leaving investors hesitant to scoop up risk ...

President Trump looked to be on the cusp of deciding whether to join Israel’s attack on Iran on Wednesday. Trump told reporters at the White House that he had “ideas” of what he wanted to do but ...

Explosions were heard in Iran's capital as Israeli warplanes pounded Tehran throughout the day and night. Iran’s supreme leader rejected U.S. calls for surrender and warned that any ...

So far, the conflict between Israel and Iran hasn’t caused oil prices to spike too high, but economists are watching.

The recent military clash between Iran and Israel has sent shockwaves through global energy markets, causing oil prices to ...

Explosions were heard in Iran's capital as Israeli warplanes pounded Tehran overnight and into Wednesday. Iran’s supreme ...

Oil futures have risen roughly 8% since the start of the Israel-Iran war. Analysts predict prices could go higher if Iran is ...

The Federal Reserve kept interbank interest rates at a range of 4.25 to 4.5 percent on Wednesday amid trade policy fluctuations and pressure from President Trump.

Russia's role in the Israel-Iran crisis is constrained by its war in Ukraine and desire to re-engage the Trump administration. But Moscow could get some benefits from letting Tehran down.

Leaning into pro-Palestinian and anti-Western sentiment allowed Russia to score points with global public opinion. But ...

President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair Jerome ...