Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty Images Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place, easing concerns over nearly two weeks of escalating conflict. International…
Amazon , Meta Platforms , Microsoft and Apple headline the busiest week of this summer earnings season. Plus, the Federal Reserve holds its July policy meeting, which adds intrigue following rekindled Middle East tensions. 1. Earnings: We’ve got 10 Club names reporting this week, including the other three hyperscalers on the heels of Alphabet earnings…
Satellite view of Iran (with mask). This image was compiled from data acquired by LANDSAT 5 & 7 satellites., Iran, Middle East, Asia, True Colour Satellite Image With Mask (Photo by Planet Observer/Universal Images Group via Getty Images) Planet Observer | Universal Images Group | Getty Images Iran summoned a Ukrainian diplomat in Tehran on…
It was a tough week for stocks, as investors navigated everything from escalating tensions in the Middle East to key tech earnings reports to healthcare developments. Logging their second straight weekly losses, the S & P 500 slipped 0.6%, while the tech-heavy Nasdaq fell 2.1%. Here’s a closer look at what drove the trading action….
Fighters supporting the Aden-based internationally-recognised Yemeni government gather during a vigil along the Red Sea shore in Khokha, in Yemen’s western Hodeidah province on July 20, 2026, calling for a resumption of hostilities with the Huthi group currently controlling the capital Sanaa. (Photo by Khaled ZIAD / AFP via Getty Images) Khaled Ziad | Afp…
An oilfield crew, contracted by the Railroad Commission of Texas (RRC), works a service rig during a state-funded oil well plugging operation in Midland, Texas, US, on Thursday, Sept. 25, 2025. Eli Hartman | Bloomberg | Getty Images Oil prices dropped Friday on a report that Pakistan is looking for a way to restart talks…
Vessels at the Strait of Hormuz, as seen from Musandam, Oman, July 12, 2026. Stringer | Reuters Market odds on Kalshi for when the Strait of Hormuz maritime traffic will return to normal are below 50% as of Friday afternoon. Chances that the strait’s traffic flow is normal by July 2027 plummeted to 47% from…
Oil tankers are increasingly coming under fire on several fronts as economic warfare is deployed as a weapon in the escalating conflicts in the Middle East and Europe. Iran has stepped up its attacks on tankers in and around the Strait of Hormuz this month as it tries to impose its control over the crucial…
Gas prices are rising again following a sharp escalation of the war in Iran. And as Americans look for ways to save money at the pump, many are turning to Costco’s gas stations for cheaper fuel. Demand for Costco’s gasoline reached record levels during the quarter ended May 10, though the company didn’t disclose sales…
Soldiers from the US Army in a simulated village during the Combined Resolve “Greywolves” exercise at the US military Hohenfels Training Area in Hohenfels, Germany, on Thursday, April 30, 2026. Alex Kraus | Bloomberg | Getty Images The Pentagon lowered its official death toll for the Iran war to 14 from 18 in the space…
