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Oil markets surged early Thursday, pushing the benchmark Brent crude above $100 a barrel after recent spikes near $120 triggered by attacks on shipping routes. The surge reflects growing worries that supply could be cut off from the Strait of Hormuz, a chokepoint where about one‑fifth of world oil p

Oil Prices Spike After Tanker Attacks, Dow Futures Dip

A series of attacks on oil tankers and a sudden halt at a major port have pushed crude prices above $90 per barrel, sending Dow Jones futures lower. The surge in oil costs is driving investors to worry about the impact on corporate earnings and inflation. Market watchers note that higher fuel prices

celebrities

Legendary Hip‑Hop DJ Lord Sear Passes Away at 53

Lord Sear, a well‑known voice in hip‑hop radio, has died at the age of 53. He began his career on tour with rapper Kurious and later became a staple on WKCR’s “Stretch Armstrong and Bobbito Show, ” where he helped launch the careers of Jay‑Z, Nas and the Wu‑Tang Clan. In the 1990s he turned to re

business

Insurance Plan Aims to Keep Oil Shipping Safe Amid Gulf Tensions

A new U. S. insurance program is stepping in to help ships travel through the Strait of Hormuz, a key route that connects Persian Gulf oil fields with the wider world. The plan is led by Chubb, a large insurer, and works with the Development Finance Corporation to cover potential damage from war‑rel

business

Gas Prices Soar as Middle East Tensions Spike

The market stayed calm on Wednesday, even though hostilities between Iran and Israel—along with strikes against U. S. allies—continued to flare. Traders around the globe kept a close eye on the Strait of Hormuz, a narrow channel that links the world’s top oil producers to buyers. This passage carrie

politics

Trump’s Market Focus Amid Iran Tensions

President Trump has always linked the economy to stock and oil numbers. When U. S. forces hit Iranian targets last week, global energy markets reacted sharply. Oil prices climbed, with Brent crude almost 65 percent higher than before the conflict began. At the same time, stock markets fell.

Inflation Stalls While Fuel Prices Soar Amid Tense Middle East

The U. S. inflation rate stayed flat in February, matching what economists had predicted. Prices climbed 2. 4 percent compared with a year earlier, leaving the rate unchanged from January and just above the Federal Reserve’s 2 percent goal. Fuel costs, however, jumped sharply as traders braced fo

politics

Storm in the Gulf: What’s Really Happening?

The war near the Strait of Hormuz has entered its twelfth day, and the world is watching closely. A drone strike on a U. S. operations center outside Kuwait killed six soldiers and left many others with serious injuries, such as brain trauma, shrapnel wounds, burns, and amputations. One survivor tol

Markets Face Turbulence as Oil Prices Rise and Global Events Stir Uncertainty

The U. S. stock market began the day without a clear direction, as futures traded sideways while oil prices edged up to about $90 per barrel. A highly anticipated drop in U. S. crude inventories did not lift investor mood, partly because tensions over shipping lanes in the Middle East continued to l

Oil Prices Drive Dow Down While Oracle Skips the Crowd