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News
Oil Surges Toward $100 After Fresh US-Iran Strikes Rattle Markets
1+ week, 1+ day ago (353+ words) Crude prices jumped sharply on Sunday after renewed US-Israeli strikes on Iran drove traders back into energy markets, pushing benchmarks toward the $100 threshold last breached earlier in the conflict. The move extended a rally that has reshaped winners and losers…...
US Strikes Iran Again, Sending Dow Down 400 Points and Oil Surging
1+ week, 5+ day ago (305+ words) US airstrikes hit Iranian targets on Tuesday, a fresh escalation that ended hopes the weekend’s exchange of fire would not widen into a renewed conflict. The strikes followed the first direct attacks between the two countries since July. Financial markets…...
Druckenmiller Warns Bessent Will Lose Battle to Suppress US Bond Yields
2+ week, 4+ day ago (393+ words) Stanley Druckenmiller, the billionaire investor who mentored Scott Bessent during their years together at George Soros’s fund in the 1990s, warned on August 25 that his former pupil is courting danger by trying to hold down America’s borrowing costs. The rebuke lands…...
Trump Vows to Declare Strait of Hormuz US Territory, Iran Rejects Claim
4+ week, 1+ day ago (396+ words) US President Donald Trump has said he will “soon” declare the Strait of Hormuz United States territory once Iran is defeated, a claim swiftly rejected by Tehran and introducing a contentious new dimension to stalled ceasefire negotiations. Trump told reporters…...