Markets

Strait of Hormuz Closure: Iran Blocks Vital Oil Route, 80 Mines Threaten Year-End Reopening

Iran has declared the Strait of Hormuz closed citing ceasefire violations, causing tanker traffic to plummet 43% in 24 hours. With 80 mines blocking the channel, normal shipping may not resume until y...

Oil Prices Plunge Below $80: U.S.-Iran Deal Reopens Strait of Hormuz

Oil prices crashed below $80 after the U.S.-Iran deal reopened the Strait of Hormuz. Goldman Sachs cut Brent to $80 for Q4 2026 as Gulf supply returns faster than expected. Oil markets were jolted on ...

Dow Surges 900 Points: Trump Cancels Iran Strikes, Signals Peace Deal Near

U.S. stocks surged Thursday with the Dow Jones Industrial Average jumping 900 points after President Trump canceled planned strikes on Iran and said a peace deal could be signed within days. The S 500...