Iran War Oil Shock: 50 Days, $50 Billion Gone

Iran War Oil Shock: 50 Days, $50 Billion Gone
Fishing boats are seen in front of oil tankers on the Persian Gulf waters, south of the Strait of Hormuz, offshore Ras Al Khaimah in United Arab Emirates. (Kamran Jebreili/AP)
Experts Warn: Looks Like COVID Market Crash Coming
We have yet to feel the full force of the unfolding crisis in the Middle East, investing strategists warn.... [Full Story]
Nasdaq Extends 13-Day Streak as Iran Opens Hormuz
The benchmark S&P 500 and the tech-heavy Nasdaq each rallied to their [Full Story]
Tenn. AG to Newsmax: States Pushing to End Ticket Price Gouging
U.S. states "are highly motivated"to end ticket-price gouging [Full Story] | video
Navarro to Newsmax: Tax Day Is 'Christmas Day' for Working Americans
WH senior counselor for trade and manufacturing Peter Navarro [Full Story] | video
Judge Temporarily Stops Nexstar-Tegna TV Station Merger
A federal judge in Sacramento, California, has blocked a $6.2 [Full Story] | video
Canada's Conservatives Target Carney on Tariffs
The Conservative Party of Canada is attacking Prime Minister Mark [Full Story]
Trump to AFP: Iran Deal 'Very Close' as Hormuz Chokepoint Reopens
Donald Trump told AFP Friday that a peace deal was "very close" after [Full Story]
White House, Anthropic Discuss Risks of AI
White House chief of staff Susie Wiles sounded out Anthropic CEO [Full Story]
Admin Schedules Arctic Refuge Oil Auction for June 5
The Trump administration said Friday it will auction oil and gas [Full Story]
Meta Targets May 20 for 1st Wave of Layoffs
Meta intends to conduct a first wave of sweeping layoffs planned for [Full Story]
Abbott Threatens $200 Million Cut to Texas Cities
Texas Gov. Greg Abbott is threatening to cut roughly $200 million in [Full Story]
Trump Lawyers, IRS in Talks Over $10 Billion Suit
Lawyers for President Donald Trump are engaged in talks with the [Full Story] | video
Zelenskyy Calls for Joint Efforts to Set Up Hormuz  Mission
Ukrainian President Volodymyr Zelenskyy called on Friday for joint [Full Story]
How 50 Days of Iran War Wiped Out $50 Billion in Oil
The world has lost over $50 billion worth of crude oil that has not [Full Story]
McLaughlin Poll: Voters Back Trump on Iran
After sacrifice by American service members, voters are not wavering. [Full Story]
Shippers Seek Clarity Before Hormuz Crossing
Shipping companies have cautiously welcomed Iran's announcement that [Full Story]
Supreme Court Backs Oil Firms in Louisiana Case
The Supreme Court handed a win Friday to oil and gas companies [Full Story]
Gold 'Buy the Dip' Call Emerges
Gold is holding near record territory and sending a clear signal to [Full Story]
Comer: Epstein Probe Expands With New Depositions
House Oversight Committee Chairman James Comer, R-Ky., told Newsmax [Full Story]
Oil Plunges, Stocks Jump as Iran Opens Hormuz
Oil prices plunged more than 10% Friday after Iran said the Strait of [Full Story]
Anthropic CEO Heads to WH Over AI-Pentagon Clash
Anthropic's CEO was expected to visit President Donald Trump's chief [Full Story]
Bessent, Powell Warn Bank CEOs of AI Cyber Risk
U.S. financial leaders are sounding the alarm over a new generation [Full Story]
US Launches Tariff Refund System
Jay Foreman said he's "locked and loaded" for the U.S. government's [Full Story]
Why Stocks Are Surging Despite Iran War
Investors Look Past Oil Shock, Bank on Growth-But Risks RemainU.S. [Full Story]
Chris Orestis
According to the U.S. Senate Special Committee on Aging's 2025 report, Age of Fraud: Scams Facing Our... [Full Story]
Mario Henry
Everybody keeps looking at the stock market like that's where the next problem is going to come from. They're... [Full Story]
Machi Block
American Hartford Gold
Gold has been on a volatile ride, and it has people asking a familiar question: is the rally over?But a... [Full Story]
Lauren Fix
The Car Coach®
Washington finally did something that actually helps drivers at the pump -- but only halfway.... [Full Story]
Peter Morici
Twitter @pmorici1
The war with Iran has reached a crisis for America's economy and global standing.... [Full Story]
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