South Korea Bets on Red Sea Route as Hormuz Disruptions Persist
Since the Iran war disrupted shipments through the Strait of Hormuz in early March, South Korea has been increasingly betting on the Red Sea route and the Saudi
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Since the Iran war disrupted shipments through the Strait of Hormuz in early March, South Korea has been increasingly betting on the Red Sea route and the Saudi
Geopolitical tensions and renewed fears of U.S.-China frictions are weighing on risk assets, including bitcoin.
Crypto fell as AI stock fatigue and U.S.-Iran tensions weighed on sentiment, though a technical measure hints at oversold conditions heading into the weekend.
Its rulers believe that further escalation will force the US to offer the security and economic relief it craves
Shipping traffic was at its lowest level in more than a month and oil prices moved higher as the Iran war continued to disrupt the supply of energy.
The escalating standoff comes as the fragile truce signed by the U.S. and Iran last month showed further signs of unravelling
BP and ConocoPhillips are set to announce billions of dollars of new investments in Iraq on Friday.
Fighting between the U.S. and Iran escalated.
The oil market is treating another US-Iran escalation as background noise. The U.S. launched another wave of strikes against Iran on Wednesday, expanding attack
Two shocks are hitting energy investors at once, and they point in opposite directions. The first is obvious. Iran’s Revolutionary Guard declared the Strait of
U.S. forces have struck and disabled an Iran-linked sanctioned oil tanker near Iran’s key export terminal, Kharg Island, deep in the Persian Gulf, the U.S. Cent
The freeze targets TRON-based addresses that held over $165 million, preventing those specific funds from being transferred or redeemed.
Profit-taking after bitcoin hit a $65,500 monthly high combined with fresh Iranian strikes on U.S. bases sent crypto lower, with bears leading price action acro
Mark Esper tells FT more bombing will not change Tehran’s behaviour, as president vows to step up attacks
Military clashes over control of Strait of Hormuz threaten global oil supplies
U.S. diesel prices first surpassed $5 a gallon in March. Renewed fighting in the Persian Gulf and reduced refinery capacity is once again pushing up prices.
Very few ships passed through the waterway on the first full day of the U.S. naval blockade of Iran.
Iran war and high inflation have limited impact
Trump warned that the U.S. will target Iranian infrastructure next week if negotiations do not resume.
US equity futures were mixed pre-bell Thursday as traders saw tech stocks trend downwards and the US