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Gary residents turn to prayer as power outage stretches into third week WFYIGary, Indiana power outage update: Gov. Mike Braun seeks investigation into NIPSCO as storm damage recovery approaches 2nd week ABC7 Chicago'All we can do is pray.' Thousands without power nearly 2 weeks after Indiana storm USA TodayStorm-Hit Chicago Area's Anger Mounts After 13 Days of Darkness Bloomberg.com
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What matters more for oil prices is how hard U.S. sanctions hit China, Iran's biggest oil buyer, and whether Beijing pushes back.
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Speculators still see yields hitting new highs in 2026 and ending the year at levels elevated from where they're currently trading.
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Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.
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