Oil prices surged after U.S. and Israeli strikes on Iran raised fears of Strait of Hormuz disruption, a chokepoint that carries about 20% of global crude supply.
Data & financial journalist covering global economics and policy
Oil prices surged after U.S. and Israeli strikes on Iran raised fears of Strait of Hormuz disruption, a chokepoint that carries about 20% of global crude supply.
Over a quarter of global seaborne oil flows through the Strait of Hormuz—making Asia’s top economies especially vulnerable to any disruption.
Northern Virginia and Texas have emerged as the core hubs of America’s data center boom. As demand for artificial intelligence and cloud services accelerates, data centers are becoming critical infrastructure — and a major new source of energy demand.
The U.S. trade deficit nearly doubled in November, jumping 95% as imports rose faster than exports, highlighting renewed volatility tied to tariffs and shifting trade flows.