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PERSIAN GULF WAR IMPACT ON US ECONOMY
Aluminum’s war shock blunted by dark transits and Chinese supplyThe Iran war triggered one of the biggest shocks to the global aluminum market, raising fears of widespread smelter shutdowns and prices su...- Iran floats ‘Insurance Fees’ and asserts control over HormuzThis development raises concerns for the shipping sector about safe navigation. Iran's new requirements and possible insurance charges coul...
- At the gates of Hormuz, 80 million barrels of oil are on standbyLarge volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...
- Vance leaves shippers in the dark on potential Iran Hormuz tollsUS officials emphasize keeping the waterway open and believe regional neighbors will oppose tolls.
- US-Iran war: There are many questions about the peace deal. Here are (some) answers.US-Iran deal: A new agreement between the United States and Tehran aims to end the war and reopen the vital Strait of Hormuz. Sanctions on ...
- Oil Price Today (June 19): Crude oil falls, heads for 9% weekly loss as shipping in Hormuz Strait begins. What are experts saying?Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a ba...
- First signs of LNG traffic return emerge at Strait of Hormuz with a relief for PakistanAn LNG tanker loaded in Qatar is approaching the Strait of Hormuz, signalling a possible revival in traffic after a temporary US-Iran peace...
- Hormuz reopening seen unleashing pent-up Gulf grain demandThe region relies heavily on imported food. A rush of grain is expected to reach these nations.
- India’s electronics exports up 11.62% to $5.09 billion in MayIndian electronics exports saw a significant rise in May, reaching $5.09 billion. This growth occurred despite global supply chain issues. ...
- Hindalco, NALCO, Vedanta Aluminium shares crash up to 6% as aluminium prices drop on US-Iran peace dealIndian aluminium stocks saw a sharp decline today. This happened as aluminium prices crashed significantly. The drop followed news of an Ir...
- Strait path laid for crude prices to travel downwardIndian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopeni...
- A diminished United States of AmericaA deal to end the Persian Gulf war is nearing. Iran has strengthened its position and will set terms. The agreement will lift blockades and...
- Asian Paints, HPCL, MRF other crude-sensitive stocks jump up to 5% on Iran-US peace deal frameworkCrude-sensitive stocks surged as oil prices dropped significantly following an agreement between Iran and the US to end their conflict and ...
- Shipowners seek clarity on Strait of Hormuz deal as 600 vessels eye exitShipowners and traders are cautiously awaiting details on a potential reopening of the Strait of Hormuz, a vital oil and gas route disrupte...
- Shipowners on edge for news on Hormuz as ‘dark’ oil flows swellShipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution,...
- US military helping move 7 million barrels of oil per day out of Persian Gulf, Wright saysAmidst geopolitical tensions, the US military's efforts are securing the departure of seven million barrels of oil each day from the Persia...
- Hormuz oil traffic rebounds as Gulf exporters find workarounds: ReportOil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Was...
- US Treasury chief Bessent vows to tap Iran funds for its damage on Gulf alliesMinority shareholders of Jindal Poly Films Limited face a setback. Their class action remedy was reportedly moved to private arbitration wi...
- World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran warGlobal economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices ...
- What is the US Fifth Fleet, America’s backbone in the Middle East and why is it under Iran’s attack?Iran's IRGC claimed to have targeted the US Navy's Fifth Fleet headquarters in Bahrain amidst escalating tensions. This naval command, cruc...
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