The vessels exited the Strait of Hormuz on Monday, hours before a U.S. naval blockade took effect.
Category: Iran-Israel War (2025- )
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War in Iran Reveals Strait of Hormuz’s Weakness as an Oil Bottleneck
The New York Times – Business:But at just 35 miles wide, it did. It’s just the latest evidence of how dependent the global economy is on a handful of choke points.
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Fed Official Urges Caution on Rate Cuts as Iran War Drags On
The New York Times – Business:Christopher J. Waller, a Federal Reserve governor, said he would support rate cuts later this year if the labor market continued to weaken.
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Oil Prices Keep Climbing on Heightened Fears Over Energy Supplies
The New York Times – Business:Attacks on major energy facilities in Iran and Qatar injected new uncertainty into the outlook for oil and gas prices.
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How Trump and His Advisers Miscalculated Iran’s Response to War
The New York Times – Business:In the lead-up to the U.S.-Israeli attack, President Trump downplayed the risks to the energy markets as a short-term concern that should not overshadow the mission to decapitate the Iranian regime.
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Trump’s Name Could Adorn Tel Aviv Hotel, Becoming a Symbol or a Target
The Trump Organization’s preliminary talks this spring about affixing its brand to a tower near a recent missile strike highlight the complexities of its international deal-making.
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Stocks Rise and Oil Prices Fall as Israel-Iran Cease-Fire Begins
A second day of declining oil prices helped lift stocks. Energy costs are a primary expense for companies, making them an important factor in inflation calculations.
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What to Know About U.S. Warning to Citizens Abroad Amid Israel-Iran Conflict
The State Department warned of the potential for demonstrations against Americans overseas because of U.S. intervention in the Israel-Iran conflict. What you need to know.
