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Tag: global economy

Trump declares other countries must take the lead on the Strait of Hormuz as markets brace for the worst

President Trump used his prime-time national address Wednesday night to declare that…

Shekari Philemon

Bank of America rips up its economic forecasts and braces for $100 oil all year on Iran war fallout

Bank of America has significantly revised its economic outlook, warning that the…

Shekari Philemon

Oil could hit $200 a barrel this summer and the Iran war is only getting started

Energy analysts are raising alarms about where oil prices could go if…

Shekari Philemon

Central banks caught between rising inflation and a world slowing down

The conflict in Iran has placed the world's major central banks in…

Shekari Philemon