Markets cheer as Trump threatens to abandon the Strait of Hormuz, leaving the oil market in crisis
The stock market ripped Monday morning after the White House signaled it may no longer be America’s[……] Read More
Bond yields are falling even as oil tops $102, showing that Wall Street fears recession more than inflation
Bond yields are coming back down as President Donald Trump’s war on Iran looks to keep oil prices hi[……] Read…
Current price of oil as of March 30, 2026
As of 8:30 a.m. Eastern Time today, oil sold for $111.10 per barrel (using Brent as the benchmark, w[……] Read…
Russia expected a windfall from soaring oil prices, but Ukrainian drones are devastating exports
The U.S. war on Iran set up Russia’s economy for a major rescue after oil prices soared after the cl[……]…
Dollar dominance is reinforced by the oil trade, but the Iran war could give rise to the ‘petroyuan’
Middle East oil has long been a linchpin of the U.S. dollar’s status as the dominant currency in glo[……] Read…
Oil surge tied to Iran conflict could keep gas prices rising despite recent dip
Former State Department deputy special envoy Ellie Cohanim discusses ongoing talks between U.S.[……] Read More
Israel strikes nuclear facilities as Iran vows retaliation ‘will no longer be an eye for an eye’
Iran’s nuclear facilities came under attack Friday, state media reported, just hours after Israel th[……] Read More
Oil makes the world go round, insurance is the lubricant
You can also listen to this podcast on iono.fm here. SIMON BROWN: I’m chatting with Meryl Pic[……] Read More
Trump’s big accomplishment in Iran is ‘de facto ‘toll booth’ regime’ in the Strait of Hormuz, shipping analyst says
Iran appears to be setting itself up as the gatekeeper for the Strait of Hormuz, the world’s most im[……] Read…