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The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.
Iran's missile arsenal is already positioned to hit US forces in Bahrain, Qatar, and the UAE so no additional preparation is needed, say Pentagon sources ...
US stock futures fell as investors braced for ongoing Israel-Iran hostilities that could draw in the US, along with the Federal Reserve's upcoming interest rate decision.