As the U.S. national debt approaches $39 trillion, foreign investors play a key role…. though ownership is concentrated among a few countries.
Data & financial journalist covering global economics and policy
As the U.S. national debt approaches $39 trillion, foreign investors play a key role…. though ownership is concentrated among a few countries.
Rising oil prices are feeding inflation risks, forcing central banks to delay rate cuts despite easing geopolitical tensions.
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.
Israel’s strikes on Iran’s strategic sites have sent Brent crude and gold prices sharply higher, while potential threats to Kharg Island and the Strait of Hormuz chokepoints could force shipping reroutes, risking wider global supply-chain disruptions.