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The Trump administration claims oil is flowing normally again. There's just one problem CNNHormuz closure squeezes global economy as oil demand destruction intensifies, IEA says cnbc.comUS Sees Iran War Oil Supply Disruptions Lasting Through 2027 Bloomberg.comHormuz Standoff Derails Oil Supply Recovery and Deepens Demand Slump, IEA Says WSJ
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Wall Street struggled for direction on Thursday as investors weighed a resurgence in coronavirus infections and the possibility of a new round of shutdowns against data that suggested the U.S. economy might not bounce back with quick, V-shaped recovery.
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