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The first blockade in April choked off Iranian exports without causing a lasting price surge. Now global oil reserves are lower, and ships face heightened risks.
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CPI Report Live Updates: Inflation Cools to 3.5% Annually as Oil Prices Drop The New York TimesInflation Slowed to 3.5% in June, as Americans Got a Break From Gasoline Prices WSJA Better Day for Inflation, a Bummer for IBM Bloomberg.comStock futures are flat after soft inflation reading lifts market: Live updates CNBC
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S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings ReutersStock futures are flat after soft inflation reading lifts market: Live updates CNBCConsumer inflation cooled more than expected in June as gas prices fell Fox BusinessInflation cools in June as oil prices drop. Here's where prices dropped and where they increased WMTW
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Global oil prices Tuesday were on track to notch their largest two-day rise since mid-March, buoyed by further escalation in the U.S.-Iran conflict.
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