Satellite view of the Strait of Hormuz, a critical chokepoint for global energy supply, connecting the Persian Gulf to the Gulf of Oman. Gallo Images | Getty Images Oil prices whipsawed in volatile trading Monday after U.S. crude briefly topped $114 per barrel, as President Donald Trump gave Iran until Tuesday to open the Strait…
US President Donald Trump during a prime-time address to the nation in the Cross Hall of the White House in Washington, DC, US, on Wednesday, April 1, 2026. Alex Brandon | Bloomberg | Getty Images Investors are caught between positioning for a swift deal that ends the war and a significant escalation that could send…
The stock market finally lifted higher this week, buoyed by optimism that the Iran war would end sooner rather than later. The S & P 500 and Nasdaq Composite both snapped their five-week losing streaks Thursday during the holiday-shortened trading week. The broad-market index rose 3.4% and the tech-heavy gauge advanced 4.4%. The Dow Jones Industrial…
Talk about a confusing and frustrating market. Following two days of gains fueled by optimism on an Iran war resolution, Wall Street went back in sell-off mode Thursday morning after President Donald Trump’s primetime address was filled with escalatory rhetoric. That sent oil prices higher and stocks lower to start the day — the inverse…
U.S. President Donald Trump acknowledges those in attendance after speaking from the Cross Hall of the White House on April 1, 2026 in Washington, DC. Alex Brandon | Getty Images U.S. President Donald Trump said the U.S. will hit Iran “extremely hard” over the next two or three weeks in a national address on Wednesday. “We’re going…
U.S. gasoline prices have surged above $4 per gallon for the first time in more than three years, as the oil supply shock triggered by the Middle East war rapidly drives up costs for families. Prices at the pump hit a nationwide average of $4.018, the highest level since August 2022 when Russia’s war against…
Workers install solar power infrastructure at a public parking lot within the National Assembly grounds in Yeouido, Seoul, on March 26, 2026. Nurphoto | Nurphoto | Getty Images South Korea on Tuesday proposed a supplementary budget worth 26.2 trillion won (about $17.1 billion) to ease the burden of rising energy prices on households and industries…
A view of missile traces launched from Yemen at Israel sighted in the sky over Hebron, West Bank, on March 28, 2026. Wisam Hashlamoun | Anadolu | Getty Images Asia-Pacific markets opened lower Tuesday as the conflict in the Middle East keeps investors jittery, with crude oil prices continuing to rise. U.S. President Donald Trump escalated his…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, March 9, 2026. Michael Nagle | Bloomberg | Getty Images LONDON — European stocks rose on Monday morning despite investors grappling with a further escalation in the Iran war and fresh evidence of weaker economic sentiment. The…
Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf’s petroleum facilities hours after the US struck Iran’s…
