Strait of Hormuz Ship Traffic Remains Near Record Lows

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Ship crossings through the Strait of Hormuz remained in single digits on Monday, showing a slight increase from the weekend, based on preliminary shipping data released on Tuesday, as US and Iranian peace talks continue to be at an impasse. Read More …

Jamie Dimon: Iran War May Sink Economic Party

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Jamie Dimon cautions that the ongoing US-Israeli conflict with Iran may trigger a new phase of sustained inflation and elevated interest rates, potentially plunging the US economy into a recession and reshaping the global economic landscape. “Then again, it may Read More …

U.S.-Iran War Woes May Rattle Wall Street

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The major U.S. index futures are indicating a largely unchanged opening on Monday, suggesting that stocks may exhibit a degree of indecision in the aftermath of last week’s rally. Market participants might exhibit caution in executing substantial trades due to Read More …