The U.S. is a net oil exporter but that does not shield it from global economic shocks.
Data & financial journalist covering global economics and policy
The U.S. is a net oil exporter but that does not shield it from global economic shocks.
The Federal Reserve’s latest projections show steady economic growth, persistent inflation above 2% and a slower path to interest rate cuts.
Ship traffic through the Strait of Hormuz is falling sharply as vessels avoid the Gulf following U.S.–Israel strikes on Iran, pushing oil prices to a 19-month high on fears of supply disruptions.
Governments and energy producers are racing to protect global oil flows as risks rise around the Strait of Hormuz.