Lightning occurs when META 4, an Oil Products Tanker, sails into Muscat Anchorage on March 21, 2026 at Sultan Qaboos Port in Muscat, Oman. Elke Scholiers | Getty Images President Donald Trump ordered a naval blockade of the Strait of Hormuz on Sunday, dimming hopes for a quick end to the conflict in the Middle…
Traders work on the floor of the New York Stock Exchange during morning trading on April 08, 2026 in New York City. Michael M. Santiago | Getty Images The U.S. move to blockade the critical Strait of Hormuz has led to a familiar market response: surging crude prices, rising bond yields and a firmer dollar….
Debris of a NATO air defence system that intercepted a missile launched from Iran is seen in Dortyol, in southern Hatay province, Turkey, March 4, 2026 in this screengrab from video. Ihlas News Agency | Via Reuters Asia-Pacific markets opened lower Monday, as investors weigh a U.S. naval blockade on Iran’s ports after talks between…
Chinese President Xi Jinping met with Kuomintang party chair Cheng Li-wun in Beijing on Friday, the first encounter between Xi and a sitting Taiwanese opposition leader in nearly a decade. In a readout released by Chinese state media, Xi said Beijing “welcomes any proposals conducive to the peaceful development of cross-strait relations.” That’s according to…
The Eli Lilly and Novo Nordisk logos. Mike Blake | Tom Little | Reuters The market share of India’s most popular weight‑loss drugmaker, Eli Lilly, slipped in March, while rival Novo Nordisk held steady even as Indian generic drugmakers flooded the market with lower‑priced copies. Eli Lilly’s Indian market share in the GLP‑1 category of…
HUAIAN, CHINA – MARCH 09: Vehicles queue at a petrol station on March 9, 2026 in Huaian, Jiangsu Province of China. Zhao Qirui | Visual China Group | Getty Images China’s factory-gate prices rose for the first time in more than three years while consumer inflation moderated in March, amid a surge in oil prices…
The West Texas Intermediate was up 0.62% at $98.48 per barrel as of 7:50 p.m. ET. Brent crude ended the session at $95.92 per barrel. Source link
A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across Asia is reviving an uncomfortable question: Could this be 1997 all over again? The parallels are hard to ignore. Asian currencies are under pressure, fueling the risk of capital outflows. Spiking energy costs have pushed governments to…
U.S. President Donald Trump observes naval flight demonstrations on the deck of the USS George H.W. Bush aircraft carrier on October 5, 2025. Alex Wong | Getty Images News | Getty Images President Donald Trump said Wednesday U.S. military forces will remain deployed in and around Iran until Tehran fully complies with the “real agreement,”…
WASHINGTON DC, UNITED STATES – APRIL 6: The United States President Donald Trump holds a Press Conference in the James S. Brady Press Briefing Room at the White House on April 6, 2026, in Washington DC, United States. Celal Gunes | Anadolu | Getty Images U.S. President Donald Trump appears to have set his eyes…
