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Tag: oil prices

Oil could surge far beyond current levels if the Hormuz blockade is fully enforced

Oil prices surged past $103 a barrel on Monday following the breakdown…

Shekari Philemon

Airlines cancel flights as jet fuel runs dangerously low

The disruption to global air travel that began with rising ticket prices…

Shekari Philemon

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

Trump’s Iran address raises more alarms than answers as the unpopular war enters its second month

President Trump addressed the nation from the White House on Wednesday evening…

Shekari Philemon

Dow, S&P 500 and Nasdaq futures stumble hard after Trump’s Iran address rattles markets

Wall Street futures slid Thursday morning after a nationally televised address from…

Shekari Philemon

Bond markets are doing what the Fed is too cautious to do right now

The Federal Reserve finds itself in an unusually uncomfortable position. With oil…

Shekari Philemon

Trump’s Iran speech comes as a high-stakes Hormuz deadline closes in fast

The White House confirmed Tuesday that President Donald Trump will address 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

Trump’s Hormuz ultimatums keep shifting as Iran holds firm on the waterway

For weeks, President Donald Trump issued ultimatums over the Strait of Hormuz,…

Shekari Philemon