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President Donald Trump said the U.S. Navy could start escorting oil tankers through the key Strait of Hormuz as he ordered the government to provide risk insurance for maritime trade amid the conflict with Iran.
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Palantir should be able to prove its growing value to the military and quell fears that it's merely an AI "wrapper," according to a Rosenblatt analyst.
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Oil briefly hit $85 a barrel as Iraqi production shuts down because so few tankers risk journey through Strait of Hormuz
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Trump says U.S. Navy will escort tankers through key Hormuz. That couldn't come soon enough for strained Middle Eastern storage facilities and looming production cuts.
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Stock Market Today: Dow Sinks More Than 1,100 Points; Oil Prices Jump on Iran Conflict — Live Updates WSJStocks Tumble as Inflation Risk Emerges in Wake of Iran War The New York TimesStock market today: Dow, S&P 500, and Nasdaq slide as oil rises amid war worries Yahoo FinanceOil surges, stocks plunge as fears of prolonged Iran war hit markets NBC NewsBuy the Stock Market Dip? Why You Should Despite a U.S.-Iran War. Barron's
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A prolonged conflict in the Middle East could push prices even higher, as the busy driving season approaches.
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Disruption to global energy supplies and the prospect of an ever-widening conflict in the Middle East has sent crude-oil and natural-gas futures higher — and exposed subtle differences on how investors treat the stocks of different energy companies.
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Congestion Pricing Wins in Court After Lengthy Battle With Trump The New York TimesBREAKING: Federal Judge Rules Trump Can't Kill Congestion Pricing Streetsblog New York CityNew York's congestion toll into Manhattan upheld by a federal judge over Trump's objections WRALNYC Congestion Pricing Program Can Continue, US Judge Rules BloombergTrump adminis
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When should markets expect a U.S.-Iran ceasefire? See what prediction markets say (SPY:NYSEARCA) Seeking AlphaPrediction market trader 'Magamyman' made $553,000 on death of Iran's supreme leader NPRGeopolitics Bets Hit a Record on Polymarket as Iran War Escalates Bloomberg.comKalshi Defends Ayatollah Khamenei Trades Amid Prediction Market Controversy Barron's
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Target's new CEO unveils his turnaround plan CNNTarget says it's on track to end its sales slump after another lackluster quarter CNBCTarget Sales Just Fell Again. Now Its New CEO Plans for Turnaround. WSJTarget Surprises With Upbeat Forecast on Improving Demand Bloomberg.com
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China calls for vessels in strait of Hormuz to be protected amid soaring shipping costs The GuardianBeijing braces for economic impact as Iran war threatens Chinese oil: "A manmade crisis" CBS NewsChina Calls on All Sides to Protect Ships Transiting Hormuz Bloomberg.comChina imports the most energy, but is best placed on Iran Reuters
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President Trump has signaled that he is open to the idea of a prolonged military conflict with Iran. Investors are spooked by that scenario.
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IDF sends troops further into south Lebanon and strikes Beirut amid Hezbollah attacks The Times of IsraelHezbollah is dragging Lebanon into the war on Iran, but the militia is a shadow of the force it once was CNNHizbullah, the reluctant proxy, strikes at Israel The EconomistSirens sound in Tel Aviv, northern Israel amid Hezbollah rocket fire The Times of Israel
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Norwegian's sales miss and downbeat booking and profit outlooks spark concern about demand for cruises.
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