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Strait of Hormuz

Global Markets Plunge as Iran War Drives Oil Spikes and Job Losses Mount

March 7, 2026 by Menka

New York/London — Global financial markets experienced a severe sell-off after crude oil prices spiked to their highest levels since … Read more

Categories Business Tags Crude Oil, Federal Reserve, Inflation, Middle East Conflict, Stagflation, Stock Market, Strait of Hormuz, Unemployment

Global Oil Trade Stalls as Conflict Effectively Closes Strait of Hormuz

March 5, 2026 by Menka

Dubai/Washington — Escalating military conflict involving the United States, Israel, and Iran has brought shipping through the critical Strait of … Read more

Categories Business Tags Drones, Energy Markets, Inflation, Natural Gas, Oil, Shipping, Strait of Hormuz, United States
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