The president said he could take that long to decide whether to join a military fight against Iran. But that does little to quell investor uncertainty.
Category: Strait of Hormuz
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Oil Tanker Collision Near Strait of Hormuz Raises Security Fears
The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, comes amid increased reports of GPS jamming.
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Oil Prices Climb as Trump Calls for Iran’s ‘Surrender’
They rose more than 4 percent as traders wondered if the United States would take a more active role in the conflict between Israel and Iran.
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Profits of Doom: Why Investors Seem to Shrug Off War
The Israel-Iran clash seemingly has no end in sight — a prospect that does not seem to be panicking the markets.
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Oil Prices Could Climb Higher if Mideast Tensions Escalate
A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and President Trump’s efforts to bring down energy costs.
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As Iran Seizes Tankers, U.A.E. Pulls Back From U.S.-Led Maritime Force
The United Arab Emirates announced it had stopped participating in the security group after Iran seized two tankers in the Persian Gulf recently.