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Oil prices rose after the United States attacked Iranian military sites in retaliation for Iran firing on U.S. warships in the Strait of Hormuz
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The war in Iran and the resulting closure of the Strait of Hormuz have sent the global energy market into a frenzy, leading to higher prices for Americans.
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Paul Tudor Jones said the AI boom could have another one or two years to run and 40% more upside.
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CENTCOM Protects U.S. Warships Transiting Strait of Hormuz U.S. Central Command Press Release View centcom.milTrump's abrupt U-turn on a plan to reopen the Strait of Hormuz came after backlash from allies NBC NewsTrump warns Iran after US ships transit Strait of Hormuz under fire The HillOpinion | Why Trump's ‘Project Freedom' to reopen the Strait of Hormuz fell apart MS NOW
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UAE countering Iranian air attack after Trump says ceasefire still in effect ReutersUAE reports drone and missile attack as Iran war ceasefire is challenged AP NewsUAE says it's responding to missiles, drone attacks after US, Iran clash in Hormuz The Times of IsraelNetanyahu Holds Rare Call With UAE President as Defense Ties Deepen Bloomberg.com
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Whirlpool warns of ‘recession-level' slump as Iran war and tariff ruling hit sales The GuardianWhirlpool's Stock Fell as Much as 20% After Company Warns Higher Prices Are Coming WSJWhirlpool says Iran war causing 'recession-level industry decline.' The shares are down 12% CNBC
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The oil giant's earnings in the first three months of the year were more than double the previous quarter's and follow similarly strong results of European rivals.
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The war in Iran has pushed global oil prices up, but there's no sign of a huge surge in U.S. production and the future of Venezuelan oil remains murky.
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The war in Iran has left China's neighbors appealing for help, handing Beijing the kind of sway it has long sought.
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Since the U.S. and Israel's war against Iran began, the impact on aviation has worsened. Jet fuel prices have soared. Thousands of European flights have been canceled, and one airline may stop flying.
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