Consumer Sentiment Hits Record Low as Iran War Fuels Inflation

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Consumer sentiment has fallen to its lowest recorded level, driven by dissatisfaction over price increases stemming from the US-Israeli conflict with Iran. The University of Michigan’s latest consumer survey, released on Friday, indicated a decline in sentiment of 11% early Read More …

Trump’s Uncertainty on the Strait of Hormuz

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“The United States imports almost no oil through the Hormuz Strait and will not be taking any in the future.” It is unnecessary. We have not required it, and we do not require it. That was President Donald Trump last Read More …