As Trump declares inflation tamed, Iran conflict threatens new price pressures
The conflict involving Iran threatens another price spike that could undermine the president’s central case for lower interest rates. Image: Pixabay / Pexels Source: CNBC
The conflict involving Iran threatens another price spike that could undermine the president’s central case for lower interest rates. Image: Pixabay / Pexels Source: CNBC
The all-out air assault on the Islamic Republic might be the biggest gamble of the president’s career. Image: Claire Brear / Unsplash Source: Wired
President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with insurance guarantees and even naval escorts. But the shipping industry sees it — at best — as only a partial solution to a historic crisis. Image: Farshid Zabbahi / Pexels Source: Bloomberg
President Donald Trump said the US will provide insurance guarantees and naval escorts for vessels through the Strait of Hormuz, as tensions rise with Iran. (Source: Bloomberg) Image: Jon Tyson / Unsplash Source: Bloomberg
A selloff in stocks and bonds was trimmed as assurances on American action to secure shipping lanes through the Strait of Hormuz amid the Iran war pared what had been an over 9% surge in oil. Following an earlier slide in the S&P 500 that reached 2.5%, the equity benchmark dropped less than 1%. President Donald Trump said the US will escort and insure tankers and…
US Navy 'will begin escorting' oil tankers through the Strait of Hormuz, a strategic waterway, if necessary, Trump says. Image: Mikhail Nilov / Pexels Source: Al Jazeera
Iran has retaliated with a missile barrage towards Israel, while explosions have been heard in Qatar, Bahrain, Kuwait and the UAE. Image: Erik Mclean / Unsplash Source: BBC
The suit against JPMorgan, the world’s biggest bank by market cap, and its CEO puts Dimon in an awkward position. Image: Hayan / Pexels Source: CNBC
US president Donald Trump said a “major combat operation” against Iran had begun as he called for the country’s government to be overthrown. Image: Micah Camper / Unsplash Source: Wired
OpenAI CEO Sam Altman said on X that his company has come to terms with the Defense Department for use of its models. Image: Sanket Mishra / Pexels Source: CNBC