Energy secretary: US 'will continue to assure flow of traffic' through Strait of Hormuz amid reignited Iran war

Energy Secretary Chris Wright said Sunday that the United States will “continue to ensure the flow of traffic” through the Strait of Hormuz, more than a week after hostilities resumed between the United States and Iran. “The president is always looking for diplomatic off-ramps,” Wright told ABC News’ Jonathan Carl in an interview on “This…

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How to trade extreme weather

Markets are underestimating the impact of climate volatility across asset classes, commodity strategists warn, as extreme heat grips Europe and meteorologists flag the risk of a powerful El Niño this year. The World Meteorological Organization expects a “strong El Niño event” in the tropical Pacific between July and September this year. El Niño is a…

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