IMF cuts global growth forecast during Hormuz blockade
Higher global inflation forecast at 4.4 percent, up 0.6 points, driven by surging oil, gas and fertiliser costs.
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Man charged with attempted murder after attack on OpenAI CEO Altman’s home
A 20-year-old Texan faces potential life imprisonment after arson attack on Sam Altman’s San Francisco residence.
Energy prices rise despite Jones Act suspension by Trump
Shipping costs have increased by more than 10 percent in the past month due to the US-Israel war on Iran.
New White House report has plans to fix US housing shortage of 10 million
A new report lays out a blueprint for how more home construction would help the middle class and the overall economy.
What do we know about sea mines in and around the Strait of Hormuz?
The psychological terror that the presence of sea mines can generate could paralyse the Strait of Hormuz.
US blockade of Iran would worsen global energy crisis, analysts say
While US military says it will blockade Iranian ports only, move would have ripples worldwide, according to analysts.
EXPLAINER
Why oil prices aren’t what you think – and what it means for global supply
Growing gap between physical and on-paper oil prices points to more serious energy shock than appreciated, analysts say.
Oil prices surge past $103 a barrel after US announces blockade of Iran
Asian stocks fall as naval blockade threat injects new turmoil into financial markets.
Saudi Arabia says key oil pipeline back to full capacity after attacks
The Ministry of Energy says the East-West pipeline is back to pumping about 7 million barrels per day.
Iran must not charge tolls in Strait of Hormuz, UN maritime chief says
In interview with Al Jazeera, International Maritime Organization chief says world should reject tolls in waterway.
Oil tankers exit Strait of Hormuz amid fragile US-Iran ceasefire
Three supertankers laden with oil exit waterway amid global energy crunch, shipping data shows.
