Jerry Lin
The Latest
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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. 
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. -
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. 
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. -
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. 
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. -
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. 
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. 
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. -
Brent Crude Falls Below $80 as U.S.-Iran Deal Sparks Oil Selloff and Nuclear Doubts
Brent crude fell below $80 a barrel on Tuesday for the first time in months as investors reacted to the newly announced U.S.-Iran agreement, easing fears of a prolonged conflict in the Middle East and a disruption to global energy supplies. Brent crude fell below $80 a barrel on Tuesday for the first time in months as investors reacted to the newly announced U.S.-Iran agreement, easing fears of a prolonged conflict in the Middle East and a disruption to global energy supplies. -
Bitcoin Surges Past $65,000 as U.S.-Iran Hormuz Deal Sparks Global Market Rally
Bitcoin climbed above $65,000 on Monday and approached $66,800 during trading after the United States and Iran reached a preliminary agreement aimed at reopening the Strait of Hormuz, triggering a broader rally across global markets as investors moved back into riskier assets. 
Bitcoin climbed above $65,000 on Monday and approached $66,800 during trading after the United States and Iran reached a preliminary agreement aimed at reopening the Strait of Hormuz, triggering a broader rally across global markets as investors moved back into riskier assets. -
Oil Prices Fall More Than 5% as Trump Announces Tentative U.S.-Iran Deal to Reopen Strait of Hormuz
Global oil markets sharply reversed course Monday after the United States and Iran announced a tentative agreement aimed at ending months of conflict and reopening the Strait of Hormuz, a critical shipping route that carries roughly one-fifth of the world's oil supply. The prospect of restored energy flows immediately eased fears of prolonged supply disruptions, sending crude prices sharply lower. Global oil markets sharply reversed course Monday after the United States and Iran announced a tentative agreement aimed at ending months of conflict and reopening the Strait of Hormuz, a critical shipping route that carries roughly one-fifth of the world's oil supply. The prospect of restored energy flows immediately eased fears of prolonged supply disruptions, sending crude prices sharply lower. -
European Central Bank Hikes Rates for First Time Since 2023, Cuts Growth Outlook Amid Energy Shock
The European Central Bank raised interest rates on Thursday for the first time since 2023, citing mounting inflationary pressures linked to the war involving Iran and signaling growing concern that higher energy costs could complicate the euro area's economic outlook. 
The European Central Bank raised interest rates on Thursday for the first time since 2023, citing mounting inflationary pressures linked to the war involving Iran and signaling growing concern that higher energy costs could complicate the euro area's economic outlook. -
U.S. Inflation Hits 4.2%, Highest Since 2023, as Iran Conflict Clouds Fed Rate Outlook
U.S. inflation accelerated to its highest level in more than three years in May, adding fresh pressure on the Federal Reserve as policymakers confront persistent price growth, resilient labor-market conditions and rising geopolitical risks tied to the conflict with Iran. 
U.S. inflation accelerated to its highest level in more than three years in May, adding fresh pressure on the Federal Reserve as policymakers confront persistent price growth, resilient labor-market conditions and rising geopolitical risks tied to the conflict with Iran.
