Keep pulling the thread on Donald Trump.
President Trump stated that the fragile ceasefire between the U.S. and Iran is weakening.
President Trump is considering renewing "Project Freedom," a plan to use the U.S. military to guide neutral ships through the Strait of Hormuz.
The Trump administration, in coordination with other consuming nations, released a record number of barrels from strategic reserves to mitigate the impact of the Iran conflict.
According to India's central bank, a 10% rise in crude oil prices is estimated to reduce the country's economic growth by 15 basis points and increase inflation by 30 basis points.
Goldman Sachs predicts that Brent crude is set to average over $100 per barrel through 2026 if the Strait of Hormuz remains closed for another month.
The global oil market has lost approximately one billion barrels of supply due to the closure of the Strait of Hormuz.
Investor Michael Burry has warned that the Nasdaq 100 index is poised for a significant reversal due to unsustainable valuations in technology stocks.
Angie announced it will stop issuing quarterly financial guidance and is undertaking a major strategic pivot to focus on artificial intelligence.
Michael Burry believes the current market resembles the peak of the dot-com bubble, citing the nearly 70% increase in the Philadelphia Stock Exchange Semiconductor Index since the end of March.
Research from Bespoke Investment Group indicates that the Philadelphia Stock Exchange Semiconductor Index (SOX) has only been this far above its 200-day moving average on two prior occasions: July 1995 and March 2000.
Iran responded to a U.S. peace proposal by demanding the lifting of the U.S. naval blockade and sanctions, while also insisting on maintaining control over traffic through the Strait of Hormuz.
Israeli Prime Minister Benjamin Netanyahu stated the conflict with Iran is not over because nuclear material, specifically enriched uranium, still needs to be removed from the country.