More than a dozen U.S. Navy warships are enforcing a blockade on all vessels from all nations entering or leaving coastal areas or ports in Iran.
Category: Iran
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What’s Driving the Wartime Stock Rebound
The S&P 500 has recouped all its losses since the Middle East war started on Feb. 28, as a bullish “vibe shift” takes hold among some investors.
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Oil Prices Slip and Stocks Gain as Investors Eye Possible Path to Peace
Investors saw a possible path to peace, with the United States and Iran trading proposals for Iran to suspend nuclear activity.
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Trump’s Latest Oil Blockade Brings Bigger Economic Risks
Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.
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Shipping Companies Remain Reluctant to Sail Through Strait of Hormuz
The United States said it has started to block vessels doing business with Iran from the strait. Details on how that would work are unclear.
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Investors Brace for a New Hormuz Blockade Threat
President Trump’s plan to bar ships from entering or leaving Iranian ports has put markets on edge and added to global economic uncertainty.
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Oil Prices Surge Above $100 After Peace Talks Fail and Trump Threatens Blockade
Oil prices surged as markets reopened on Sunday following news that U.S. peace talks with Iran had ended without a deal.
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European Airports Warn of Jet Fuel Shortages if Strait of Hormuz Remains Shut
An association of airports told European Union officials that fuel shipments through the Strait of Hormuz had to restart within three weeks to avoid a “systemic” shortage.
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Iran War Drives Deeper Oil Shock Than Prices Reveal
The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices that many people track don’t fully capture the scale of the disruption.