Economy

American forces sink multiple Iranian vessels amid reports Tehran has begun placing naval mines in the strategic oil shipping corridor that carries nearly a third of global seaborne crude.

More than 11 million barrels of Iranian crude have already moved through the strategic chokepoint since the conflict began, even as tanker traffic declines and global energy markets brace for further disruption.

Meeting with Senator Thom Tillis could determine whether the Federal Reserve leadership transition moves forward amid political tensions and an ongoing Justice Department investigation.

Crude markets swing sharply as geopolitical tensions, supply threats, and potential emergency reserve releases reshape global energy expectations.

Seoul moves to control soaring gasoline costs and stabilize financial markets as Middle East tensions send crude prices to their biggest spike in decades.

Surging oil and gas prices following the Iran war are complicating the U.K.’s inflation outlook, pushing policymakers to reconsider the timing of monetary easing.

Stronger-than-expected exports and imports signal resilient global demand for Chinese goods despite ongoing trade tensions and cautious economic policy signals from Beijing.

San Francisco Fed President Mary Daly says a surprising drop in employment combined with persistent inflation is making the central bank’s next interest rate move increasingly difficult.

Shipping threats in the Persian Gulf force one of OPEC’s key producers to scale back production while energy markets react to growing supply disruptions across the Middle East.

Shipping risks in the Strait of Hormuz force major Gulf producers to cut output while U.S. officials say higher energy prices are a temporary cost of confronting Iran.

Holiday driven demand lifts consumer prices while factory deflation eases, signaling early signs of stabilization in the world’s second largest economy.

Rising military tensions involving Iran, Israel and regional allies disrupt global oil routes, trigger market volatility and deepen fears of a prolonged energy supply shock.

Beijing lowers its GDP expectations to 4.5%–5% as global instability, trade tensions, and domestic economic weaknesses reshape policy priorities.

Dubai’s financial system could become a key pressure point on Tehran as Emirati officials review sanctions enforcement and potential asset restrictions amid escalating Middle East conflict.

Proposals aim to incentivize home sales, but experts question impact on affordability

Beijing signals a shift toward sustainable development as weak domestic demand, property market struggles, and global trade tensions weigh on the world’s second-largest economy.