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Though energy prices fell last month after their spring surge, other factors pushed up costs as the Fed considers raising interest rates.
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Live Updates: Trump says U.S. has "total control" over Strait of Hormuz and might "keep it" cbsnews.comStrait of Hormuz ship traffic near three-month low as U.S.-Iran deal in doubt CNBCAugust 11, 2026 - Middle East conflict latest CNNIran-backed Houthi threat in Red Sea could lead to major US policy shift, analysts say
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Ted Decker is expected to return in a few months, and two executives have been appointed to oversee his duties in the interim.
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