U.S.-China trade negotiations may stall as Iran dominates the agenda at this week’s summit, delaying tariff and rare earth supply discussions. U.S. President Donald Trump and Chinese President Xi Jinping will prioritize Iran discussions during their May 14-15 summit, reduc
WTI crude falls 0.65% to $93.65 after US military action in the Strait of Hormuz raises supply disruption concerns. US forces struck Iranian military sites linked to attacks on warships in the Strait of Hormuz, a critical oil transit route. The operation targeted facilitie
Markets show inconsistent reactions across asset classes to Iran conflict, challenging long-term inflation expectations, the bank notes. Deutsche Bank research identifies significant inconsistencies in how markets are pricing the Iran conflict across equities, rates, and c
Investors weigh potential disruptions to oil supplies and global trade amid rising Middle East tensions. US financial markets are assessing risks from escalating Iran-related conflict, with potential implications for energy prices and supply chains. Oil futures surged 3% i
Retaliatory military action in the Strait of Hormuz raises immediate risks to global crude flows and regional supply stability. The US conducted strikes against Iranian targets following attacks on Navy warships in the Strait of Hormuz, a critical chokepoint for 20% of glo
Missile exchanges between Iran and US forces in the Strait of Hormuz cease after brief escalation, easing immediate supply disruption fears. Iran and Israel separately announced an end to recent hostilities in the Gulf region after a series of missile exchanges. US CENTCOM
Iran states coastal areas near the Strait of Hormuz have stabilized, reducing risks to global oil shipping lanes. Iranian state media reported that conditions in coastal cities and islands near the Strait of Hormuz have returned to normal. The strait, a critical route for
The U.S.-Iran war has created a military crisis in the Gulf. But for oil markets, the more dangerous battlefield may now be the futures curve The first shock was geographic. It appeared on maps, vessel-tracking screens, insurance desks, and refinery procurement call
A US trade court struck down Trump's 10% global tariffs 2-1, ruling the duties were not justified under a 1970s trade law; the White House had cited a $1.2 trillion goods trade deficit as grounds. Summary: The US Court of International Trade ruled 2-1 against President Tru
US fires on Iranian targets after warship attack The US has fired on Iranian targets in response to an attack on its warships. The attack on warships prompted the US to take action against Iran. The incident may escalate tensions between the two nations, po