From Hormuz to the Black Sea, oil supplies are facing unprecedented disruption — stoking wild price swings and fears about global inventories https://t.co/Ymp4CKlMS2 ...

Macroeconomic Environment & Commodity Trends - Oil prices cooled off on the day but remained up 29% for the month, putting pressure on major market averages [1] - Global inventories continued to drain as the unpredictable conflict in the Middle East persisted, creating a supply-induced price spike [4][9] - Financial institutions recommended that clients maintain an overweight position in commodities paired with an overweight equity position to hedge against macro shocks [3][4] Monetary Policy & Economic Risks - Rising oil prices and persistent inflation watch raised concerns that the Federal Reserve might consider a rate hike ahead of upcoming meetings [5][6] - The housing market, as the most interest rate-sensitive sector, was effectively in a recession with negative revisions, while wage growth decelerated [8] - Industry analysis indicated that hiking rates into a supply-induced energy spike or during the AI capital expenditure buildout would be a policy mistake [9] Equity Market Performance & Sector Analysis - The broader market experienced a stealth correction, with the average S&P stock down more than 18% from its 252-day one-year high [11] - The cap-weighted, Nvidia-dominated semiconductor group declined by about 13%, while broader semiconductor indexes such as SMH and SOX fell significantly further [11][12] - Semiconductor stocks entered the earnings season with the highest implied volatility seen outside of the Global Financial Crisis, presenting a high hurdle for market bears [12][13]

The largest Russian oil port in the Black Sea paused tanker loadings over the past several days, amid a surge in Ukrainian drone attacks in the area https://t.co/DvBQaQPPPy ...

But for now, let's get smarter with our lead off panel. And before they join us, MSNOW contributor Inzimam Rashid joins us live from just outside the Strait of Hormuz. You are on the ground.Tell us the truth. What is going on. The U .S.and Iran are trading strikes. There have been reports of explosions near a U .S. base in Iraq.Tell us what you're seeing. Yes, Steph, as you mentioned, just after the 13th night of U .S. strikes on Iran, we've probably seen one of the heaviest nights of Iranian retaliation.Th ...

Good morning. Good to have you with us on this Friday. I'm Joe Frier.Savannah is on assignment. We begin this hour with a new escalation in President Trump's global trade war. At midnight, new tariffs went into effect.They range from 10 to 12% and they target 60 countries. That includes key trading partners like the European Union and China. They're replacing the president's temporary 10% levy, which expired overnight.So, what's the Trump administration's rationale for imposing these new duties, especially ...

AND IRAN EXCHANGED FIRE FOR THE 13TH STRAIGHT NIGH with both sides showing no des of slowing down. Axios reports that President Trump told the outlet yesterday he's seriously considering restarting major combat operations in Iran, including strikes that would be bigger than the ones carried out during Operation epic fury. Quote, I'm considering a massive attack, bigger than ever before. I'm close to making a decision.We are all set for it, he said. Trump, however, acknowledged that such a decision would hav ...

🚨 LATEST: The number of tankers crossing the Strait of Hormuz falls to its lowest level in over two months as Middle East tensions and $100 oil weigh on shipping. https://t.co/5uEqjykOIZ ...

Rocketing higher. I a we have we priced in already the full implications of of if this process continues get to 100 get beyond 100 I where the cracks start to appear. We certainly can go higher from here.Right. We've already seen higher prices. Yes, we have some mitigating factors, but at the start of the week we knew that her shipping was essentially shut down.You had threats to oil infrastructure. That's very bad. And then on top of that, you have an additional threat to a choke point.This week, Iran, who ...

It takes a certain talent to make PARTNERS IN CANADA, ONE OF AMERICA'S CLOSEST ALLIES, BIGGEST TRADING PARTNERS AND HISTORICALLY FRIENDLIEST NEIGHBORS TO START QUESTIONING WHETHER IT It even wants American products anymore. But that is exactly what Donald Trump has somehow managed to do with his tariff war against our neighbor to the north. This week, Trump threatened to impose new 50 % SENT TARIFFS ON MOST CANADIAN GOODS, INCLUDING WINE AND HOCKEY STICKS, STARTING ON AUGUST 19TH.POLITICO REPORTS, QUOTE, CA ...