World ✳
Iran oil crisis pushes up borrowing costs worldwide
Fighting in the Middle East has kept oil above $90 a barrel after the Strait of Hormuz, a key shipping route for oil tankers, was shut down.
#inflation
World ✳
The Gulf offramp is gone: US strikes hit a 13th night as oil breaks $100
The floated 10-day ceasefire has not held: US strikes reach a 13th night, Trump threatens a 'bigger' offensive, and oil above $100 turns a regional war into a worldwide price shock.