U.S. Treasury Downplays Role of Crypto in Financing Palestinian Militant Groups
Finance
FinCEN Report Unveils Bitcoin's Role in Human Trafficking and Child Exploitation
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Gold Prices Plunge Below $2,000 as Stubborn Inflation Dashes Rate Cut Hopes
"Gold prices tumbled below the critical threshold of $2,000 per ounce, marking the lowest point in two months, as a U.S. inflation report that exceeded expectations dampened hopes for an imminent reduction in interest rates by the Federal Reserve. -
Dow Faces Sharp Decline Amid Hotter-Than-Expected Inflation Data
"The stock market experienced a significant downturn on Tuesday, with the Dow Jones Industrial Average plummeting over 500 points, marking one of its steepest declines since March 2023. This sell-off was spurred by unexpectedly high inflation data for January, which has cast doubts on the anticipated series of Federal Reserve rate cuts that many investors had been banking on to bolster the equity market.
The Latest
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Oil Surges After Houthis Claim First Attacks on Saudi Tankers Enforcing Red Sea Embargo
Oil prices climbed sharply Thursday after Yemen's Houthi movement said it struck two Saudi oil tankers while enforcing its newly announced embargo on Saudi crude shipments through the Red Sea. The reported attacks mark the first time the Iran-backed group has claimed to target Saudi tankers in the waterway since announcing the embargo earlier this week. 
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Brent Crude Rises 3.6% as U.S.-Iran Ceasefire Prospects Fade, Strait of Hormuz Tensions Persist
Oil prices climbed sharply Wednesday as hopes for a ceasefire between the United States and Iran continued to fade, with Secretary of State Marco Rubio saying Tehran remains "not serious about talks" while the U.S. military carried out another night of strikes targeting Iranian military infrastructure. -
U.S. Gas Prices Climb Back Above $4 as Iran Conflict, Strait of Hormuz Tensions Push Oil Higher
Average U.S. gasoline prices have climbed back above $4 per gallon for the first time in more than a month as the conflict between the United States and Iran continues to intensify, lifting crude oil prices and renewing concerns about energy supplies moving through the Strait of Hormuz. The rebound in fuel costs follows a sharp rally in global oil markets amid escalating military operations across the Middle East. 
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Oil Jumps More Than 5% After Trump Declares Iran Ceasefire 'Over' Following Hormuz Attacks
Brent crude, the international benchmark, climbed more than 5% to trade above $78 a barrel in early U.S. trading, while West Texas Intermediate rose nearly 5% to about $73.94 per barrel. The advance reflected growing fears that renewed military action around the Strait of Hormuz could disrupt global oil exports, sending investors toward energy assets while broader equity markets moved lower. -
Oil Prices Rise After Iranian Missile Strike on Commercial Ships in Strait of Hormuz Threatens Nuclear Talks
Oil prices rose Tuesday after Iran allegedly launched missiles at two commercial vessels transiting the Strait of Hormuz, escalating tensions in one of the world's most strategically important shipping lanes and casting fresh uncertainty over stalled nuclear negotiations between Washington and Tehran. The reported attack comes just one week after both sides had agreed to halt military activity in the waterway as part of broader efforts to stabilize the region following months of conflict.
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Oil Climbs as WTI Tops $70 After Hormuz Flare-Up Despite U.S.-Iran Agreement to Halt Strikes
Oil prices moved higher Monday after renewed military tensions in the Strait of Hormuz reminded traders how quickly geopolitical risks can disrupt one of the world's most important energy corridors, even as the United States and Iran agreed to suspend further strikes ahead of another round of diplomacy. 
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Oil Prices Slide to Pre-War Levels as Shipping Returns Through Hormuz
Global oil markets extended their decline Tuesday, with Brent crude falling to its lowest level since the day before the Iran conflict erupted, as traders grew increasingly confident that energy supplies from the Middle East would continue flowing after a U.S.-Iran agreement reopened the Strait of Hormuz. 
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South Korea’s KOSPI Plunges 10% as Samsung, SK Hynix Crash and Global AI Stocks Sell Off
South Korea's stock market suffered its sharpest selloff in more than three months on Tuesday, with the benchmark KOSPI index plunging 10% as investors dumped technology shares amid growing concerns that the artificial intelligence-driven rally that powered global markets higher may have run ahead of fundamentals. 
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Oil Falls Below $77 as U.S. Authorizes Iranian Oil Sales and Nuclear Talks Advance
Oil prices fell sharply Monday after the Trump administration authorized temporary Iranian oil sales and negotiators from Washington and Tehran reported progress in Switzerland toward a broader agreement aimed at ending hostilities and reviving diplomatic engagement. -
U.S. Gas Prices Fall Below $4 as Iran Deal Reopens Strait of Hormuz and Oil Slides
American drivers are beginning to see relief at the pump after gasoline prices slipped below $4 a gallon nationally, as oil markets continued to retreat following the U.S.-Iran agreement aimed at ending hostilities and reopening the Strait of Hormuz. 
