Strait of Hormuz Deal Uncertainty Keeps Global Oil Markets on Edge
Uncertainty over a potential deal to reopen the Strait of Hormuz is driving sharp swings in oil prices and rippling through global markets from Asia to Wall Street.
Author: James Carter
James Carter covers international news and geopolitics for Wall Street Sights, with a focus on how global events affect markets, trade, and the U.S. economy.
Trump Announces Hamas Disarmament Deal, Major Questions Remain
Trump announced an agreement for Hamas to fully disarm and for Israel to withdraw troops from Gaza, building on last year’s ceasefire — though major questions remain about how the deal would actually be implemented.
US and Saudi Forces Strike Iran-Backed Militias in Iraq as Oil Prices Jump
The US and Saudi Arabia struck Iran-backed militias in Iraq after days of drone attacks on American forces and Saudi oil facilities, sending oil prices higher and prompting warnings of further escalation.
Strategic Petroleum Reserve Falls to Lowest Level Since 1983
The U.S. Strategic Petroleum Reserve has dropped to its lowest level since March 1983 after months of emergency releases tied to the war with Iran, and aging infrastructure means it can’t be drawn down at full speed.
US Intercepts Iran Attack, Ending Days-Long Pause in Fighting
The US says it intercepted a surprise Iranian missile attack on its Middle East forces, ending a days-long pause in fighting and pushing oil prices higher.
Naira Rallies to 7-Month High Against the Dollar: What It Means
Nigeria’s naira has strengthened to its best level against the dollar in seven months. Here’s what’s driving the rally and what it means if you send money to Nigeria or do business there.
Trump’s 50% Tariffs on Canada: What’s Covered and Why
President Trump signed new 50% tariffs on a range of Canadian goods this week, including dairy, alcohol and autos. Here’s what’s covered, why, and what it means for prices.
Pakistan Pushes for US-Iran Talks as Oil Prices Swing
Pakistan is exploring a path toward new U.S.-Iran talks, backed by China, after attacks on Saudi oil tankers pushed prices above $100 a barrel. Here’s what’s happening and why it matters.
Sam Neill Dies at 78: ‘Jurassic Park’ Star Remembered for a Remarkable Screen Career
The New Zealand actor, loved worldwide as Dr. Alan Grant in “Jurassic Park,” died suddenly in Sydney while surrounded by…
Roy Moore Suffers $8.2M Supreme Court Setback After Clarence Thomas Decision
Quick Answer Supreme Court Justice Clarence Thomas rejected former Alabama Chief Justice Roy Moore’s emergency request to preserve an $8.2…