Jeff Greenberg | Universal Images Group | Getty Images The price of naphtha may not keep you up at night considering the inflation that is yet to hit the economy from the US-Iran war and the closure of the Strait of Hormuz, but perhaps it should. As gas prices go up together crude oilthe cost … Read more
Time is ticking for the US-Israel war in Iran. Opinions emerging from oil industry executives and analysts are that the economic and market fallout from the conflict could increase significantly if the Strait of Hormuz is not reopened within the next week to three. However, enough damage may have already been done to keep energy … Read more
Stocks got off to a strong start to the week after President Donald Trump revealed that the two countries are having “productive” talks about ending hostilities. Although there is a strong performance confirmed, few think that the bottom is “stocks” – as the sale started again later in the week – with another warning of … Read more
Federal Reserve Chairman Jerome Powell last week pushed back when asked if the recession poses a threat to the US economy. His successor may face a tough challenge, as Wall Street analysts raise their expectations of a recession, brought on in part by the Iran war and the possibility of higher prices. In recent days, … Read more