Iran-backed Houthis seize Red Sea coastline, tightening grip on vital shipping lane
The Houthi rebels effectively completed their rapid push to take control of Yemen’s Red Sea coastline on Friday, tightening their grip on one of the world’s mos
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The Houthi rebels effectively completed their rapid push to take control of Yemen’s Red Sea coastline on Friday, tightening their grip on one of the world’s mos
Regional states hope temporary shipping agreement between Iran and Oman can offer a pathway to ease hostilities and reopen the strait
Party far more comfortable raising fear of Democratic alternative than discussing own policies, including Iran war
Surging cost for fuel critical to agriculture and industry stokes price pressures as Americans confront affordability crunch
The price of oil jumps to $105 a barrel amid signs the Iran war will not be resolved quickly.
Speaking to Fox News presenter Laura Ingraham, Trump said that he would have attacked Iran despite the impact on the midterm elections.
The advance raises the threat to shipping near the Bab el-Mandeb Strait, a waterway that connects the Red Sea to the Gulf of Aden to global markets.
The energy agency warned shrinking inventories and strained refineries could further tighten markets.
U.S. diesel prices hit their highest level ever as fuel supply disruption stemming from the Ukraine and Iran wars lifts transportation costs.
U.S. Treasury Secretary Scott Bessent said a large bank would be sanctioned next week.
For months, crude oil prices have been constrained by reports of improving tanker traffic in the Strait of Hormuz. Even after the June ceasefire between Iran an
Crude oil prices held near recent highs after rallying sharply earlier this week, with gains driven by an escalation in the U.S.-Iran conflict and intensifying
The price of oil breached the $100 threshold as new flare-ups between the U.S. and Iran stoked fresh concern for global energy markets.
A worsening trade war and a spike in oil prices could create new economic risks as the president prepares to rally Republicans for the midterms.
The cost of crude oil hit its highest levels in months, as investors worried about diminishing oil supplies after reports that the Iranian-backed Houthi militia
Wholesale costs in the U.S. jumped again in August, flogged by higher gasoline prices, in the first of two inflation reports that will dictate if the Federal Re

ECB hikes rates as Iran war adds to inflation angst
The central bank is contending with rising prices, the consequences of the U.S.-Iran war and surging government borrowing costs.
Oil prices remain elevated amid worries that escalating tensions in the Middle East could further exacerbate supply disruptions
The Iran war and the AI boom have created a crowded market for mineral rights and other energy assets.