Commodities

Oil has fallen below the $80 mark after President Donald Trump's Iran peace deal announcement, and airline stocks are catching a momentum tailwind as investors price in potential fuel-cost relief. JetBlue Airways Corp. (NASDAQ:JBLU), LATAM Airlines Group SA (NYSE:LTM), and Frontier Group Holdings...

Leaders of the G7, including President Donald Trump, pledged to increase military support for Ukraine and strengthen sanctions targeting Russia’s energy sector in a joint declaration signed Wednesday during the three-day summit in Evian-les-Bains. “We, the Leaders of the G7, stand...

Recent findings by U.S. intelligence agencies reportedly suggested that Iran can now shut down the Strait of Hormuz at will, irrespective of the impending framework agreement scheduled for signing in Geneva on Friday. Iran is contemplating an economic “nuclear option” if...

The Iran agreement, touted by President Donald Trump, has sparked optimism as oil prices continue to fall, but the national average price of gas at the pump continues to stay high. Americans Paying $25 Extra Compared To Last Year In a post on X, GasBuddy analyst Patrick De Haan posted a screenshot...

Sen. Adam Schiff (D-CA) delivered heavy criticism of President Donald Trump and his administration on Tuesday after purported details of the Memorandum of Understanding (MoU) signed by Washington and Tehran emerged. Iran Secures Funds, Sanctions Relief Taking to the social media platform X, Schiff...

U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining over 400 points on Tuesday. The Dow traded up 0.84% to 52,105.00 while the NASDAQ fell 0.71% to 26,494.43. The S&P 500 also fell, dropping, 0.28% to 7,533.27. Leading and Lagging Sectors Utilities shares jumped by...

Gold prices could get worse before getting better. That is the latest take from UBS Group, which highlighted short-term weakness in its note. “Gold has faced renewed pressure as resilient labor market data and higher real yields prompted markets to shift expectations toward a possible rate...

U.S. stocks traded higher this morning, with the Dow Jones index gaining over 350 points on Tuesday following an announcement of a peace agreement with Iran by President Donald Trump. Following the market opening Tuesday, the Dow traded up 0.75% to 52,059.13 while the NASDAQ rose 0.01% to 26,687.31...

President Donald Trump declared, "The Deal with the Islamic Republic of Iran is now complete," and told the world's tankers to “start your engines” on Sunday. Goldman Sachs responded by cutting its crude forecast. The bank now sees Brent crude averaging $80 a barrel in the fourth...

(Editor’s note: The lede, headline, futures and economic data were updated.) U.S. stock futures were mixed on Tuesday, as the Dow Jones rose, while the Nasdaq 100 and S&P 500 declined, following Monday’s rally. The Labor Department reported that U.S. import prices advanced 1.9% in...

The U.S. military has reportedly been clandestinely carrying out ship-to-ship oil transfers in the Gulf. This operation, reminiscent of Iranian tactics used to evade sanctions, has been ongoing since early May. The covert operation has involved a minimum of 92 vessels and is being executed off...

The richest Australian, Gina Rinehart, has stepped outside her comfort zone. The billionaire mining magnate has taken a stake worth over $1 billion in Elon Musk’s newly listed Space Exploration Technologies Corp. (NASDAQ:SPCX), better known as SpaceX. “Having built two of the world...

Shipping companies may avoid passing through the Strait of Hormuz even after the U.S. and Iran reached a deal that is expected to reopen the passage. Companies Need Proof That Agreement Is Working According to a report by the Financial Times on Tuesday, Jotaro Tamura, who is the head of Mitsui OSK...

Economists Peter Schiff and Robert Reich delivered sharp criticism of President Donald Trump‘s deal with Tehran to reopen the Strait of Hormuz on Monday, slamming the heightened costs and lives lost in the Iran war. Peter Schiff Questions Iran Deal In a post on X, Schiff said that Washington...

Gov. Gavin Newsom (D-CA) slammed President Donald Trump and Vice President JD Vance on Monday over purported contradictory views on the terms of the agreement with Iran. Trump Or JD Vance ‘Lying,’ Asks Newsom In a post on X, Newsom’s official Press Office handle quoted a post that...