Governments and energy producers are racing to protect global oil flows as risks rise around the Strait of Hormuz.
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Iran war oil prices: Brent Crude rises as Strait of Hormuz supply threatens global markets
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.
U.S. trade deficit jumps 95% in November as imports outpace exports
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.
The Fed cuts interest rate for second time in 2025
Persistently high inflation makes this reduction a tricky one. The interest rate cut is the first in Trump’s second term as well as the first in 2025.