Gold extended a decline as the escalating war in the Middle East heightened energy-supply and inflation risks, while a surprise drop in US jobless claims also reduced prospects for an…
US equity-index futures dropped and oil climbed after US President Donald Trump’s warning that he may significantly escalate the war in Iran, potentially worsening an energy-price shock that’s already upending…
Traffic through the vital Strait of Hormuz has been picking up in the past week, with the seven-day rolling average for transits on Friday reaching the highest since the war…