Oil prices jumped and global equities pulled back as markets grew increasingly concerned that the ceasefire between the U.S. and Iran might not hold, while tensions over the Strait of Hormuz escalated.
Some red state lawmakers are floating legislation that would make it easier to use gold and silver as currency and to establish gold stockpiles. Why it matters: Lawmakers say that the commodities are a good option for dealing with the burden of rising inflation because the value of gold and silver has increased, while the dollar has not. - "Recognizing gold and silver as legal tender promotes economic justice," reads a draft bill in Georgia. "By allowing citizens of every economic status access to the ability to preserve their wealth by hedging against inflation with precious metals." State of play: The Georgia legislation would authorize "mechanisms" that would let you pay for things in gold and silver, possibly using prepaid debit…
It's not just energy supplies that have been disrupted by the Iran war. It's also hitting frankincense, a commodity that's been defining trade routes in the Middle East for thousands of years.
About "33% of the world's helium supply is offline for at least the next three to five years," Cliff Cain told NewsNation.
Even if the Iran war ended now and the Strait of Hormuz reopened, the crisis has lasted long enough to bring a meaningful and damaging toll worldwide. Why it matters: "What began as a disruption in a key energy corridor is now feeding through the entire global economy," the UN's trade and development arm said in an analysis . Driving the news: Fresh outlooks are landing that take stock of the war's effect. - The UN expects global economic growth to slow from 2.9% in 2025 to 2.6% this year, and that's without further escalation. - It's not just about energy. Goods needed for fertilizers and much more transit the region — only right now, they don't. Threat level: Developing nations are hardest hit, though Europe is also reliant in the…
Cheniere Energy CEO said at the CERAWeek Conference in Houston on March 25 that his company is doing “whatever it can” to increase production.
Global markets are reacting negatively, stocks are down and oil prices are rising following President Donald Trump’s address to the nation, more than a month into the conflict in the Middle East. NewsNation's Alicia Nieves reports the latest from Wall Street. Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Markie Martin. Weekdays starting at 6a/5C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.
Make Money Nearly Everyday w/ Trade Genius http://tradegeniusacademy.com Today's Guest: Bob Kudla Phone: 800-949-1408 YouTube: Trade Genius https://www.youtube.com/@TradeGenius Bob is the created and owner of Trade Genius Academy. Bob also does a podcast on YouTube which is called Trade Genius. Trump is now removing the fear tax in the Middle East. Iran the protector of the fear tax is being removed and Trump is now taking control of the Strait of Hormuz. The powers that controlled it are now being removed. Bitcoin and gold are tracking lower, but as soon as the Iran mission is over they will shoot up and oil will drop dramatically. Trump is dismantling the old economic system, the tariff system is being built to detach from the CB system…
The tanker full of crude oil could reach its expected destination by Tuesday, providing a lifeline to the island amid intense U.S. pressure.