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BREAKING Oil Surges as Iranian Strikes Hit Qatar Gas Hub and Gulf Energy Infrastructure — Markets in Turmoil

Business & Economy

Markets, trade, and the global economy.

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Oil Surges Past $115 Per Barrel as Strait of Hormuz Closure
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Oil Surges as Iranian Strikes Hit Qatar Gas Hub and Gulf Energy Infrastructure — Markets in Turmoil
Oil prices surged after Iran attacked energy infrastructure across the Persian Gulf including Qatar's gas facilities. Analysts warn a prolonged conflict could drive oil past $130 a barrel and tip the global economy into recession.
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Global Fertilizer Shock: Strait of Hormuz Near-Blockade Disrupts One-Third of World's Fertilizer Supply
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Trump Proposes New U.S.-China Trade Council to Rebalance Economic Relations
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Japan Intervenes to Subsidize Fuel as Gas Prices Hit Historic Highs Due to Hormuz Crisis
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Amazon Announces 18,000 Layoffs — Third Round of Cuts in 18 Months
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Federal Reserve Emergency Meeting Called as Inflation Jumps to 4.8%
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PULSEWIRE
Global Fertilizer Shock: Strait of Hormuz Near-Blockade Disrupts One-Third of World's Fertilizer Supply
The near-blockade of the Strait of Hormuz is causing an unprecedented shock to the global agricultural industry, with countries racing to find alternative ferti...
PULSEWIRE
Trump Proposes New U.S.-China Trade Council to Rebalance Economic Relations
The Trump administration is proposing a new formal U.S.-China Trade Council to oversee and regulate trade between the two countries, aiming to rebalance a relat...
PULSEWIRE
Japan Intervenes to Subsidize Fuel as Gas Prices Hit Historic Highs Due to Hormuz Crisis
The Japanese government will resume gasoline and diesel subsidies from March 19 as fuel prices hit all-time records. Asia — the world's largest energy consumer ...
PULSEWIRE
Amazon Announces 18,000 Layoffs — Third Round of Cuts in 18 Months
The e-commerce giant will cut jobs across its devices, retail, and cloud divisions as it restructures around AI-driven operations....
PULSEWIRE
Federal Reserve Emergency Meeting Called as Inflation Jumps to 4.8%
Surging energy prices driven by the Strait of Hormuz closure pushed February inflation to its highest level in two years, forcing an emergency Fed meeting....
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Japan Intervenes to Subsidize Fuel as Gas Prices Hit Historic Highs Due to Hormuz Crisis
The Japanese government will resume gasoline and diesel subsidies from March 19 as fuel prices hit a...
PULSEWIRE
China Grants Licenses to Buy Nvidia H200 AI Chips Despite U.S.-China Tech Tensions
Chinese authorities have officially granted licenses to several domestic companies to purchase Nvidi...
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EU-MERCOSUR Free Trade Agreement Completes Full Ratification as Paraguay Signs On
Paraguay officially ratified the EU-MERCOSUR trade agreement, becoming the last member state to comp...
PULSEWIRE
Apple Reports Record $140 Billion Quarter Despite Global Supply Chain Strain
Apple's Q1 results beat every estimate, driven by iPhone 17 demand in Asia and record services reven...
5 hrs ago
PULSEWIRE
U.S. Trade Deficit Hits Record $98 Billion as Tariff Impact Bites
The widening deficit reflects both surging energy imports and retaliatory measures imposed by tradin...
6 hrs ago