Container ship sinks in the Strait of Hormuz as Iranian attacks intensify
Iran has escalated its strikes on commercial ships transiting Hormuz in recent weeks, as it tries to choke off a rebound in crude oil exports.
Economy
Trump’s diesel dilemma, measured in numbers
Conflicts in Ukraine and Iran have created major ripple effects across global energy markets causing major price swings.
Economy
Fed’s Hammack says rates may need to stay higher to prevent an inflation mindset
The Cleveland Fed president said that tighter monetary policy would be needed to bring down inflation.
Economy
September 2026 inflation, broken down in one chart
The consumer price index rose by 3.7% in September, on the back of higher gasoline and energy prices largely due to the Iran war.
Economy