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Wall Street indexes rally after Iran says Strait of Hormuz ‘completely open’
Wall Street indexes rallied after Iran announced the Strait of Hormuz is completely open, boosting investor optimism amid potential U.S.-Iran talks.
Oil falls by over 11% after Iran FM declares Strait of Hormuz open
Oil prices fell as U.S.-Iran talks and a 10-day israel-lebanon ceasefire raise hopes for peace in the middle east, impacting global oil markets.
US weekly jobless claims fall; manufacturing production retreats in March
U.S. weekly jobless claims fell more than expected while manufacturing production dipped in March amid economic uncertainty from the Middle East conflict.
Oil prices edge up as Hormuz shipping constraints counter US-Iran peace hopes
Oil prices remained stable as shipping constraints through the Strait of Hormuz offset hopes for renewed U.S.-Iran talks to end Middle East conflict.
US import prices increase below expectations; sharp rise anticipated due to Iran war
U.S. import prices rose 0.8% in March, less than expected, signaling ongoing inflation pressures amid Middle East conflict and rising oil prices.
Oil prices fall as supply concerns ease on hopes for more US-Iran talks
Oil prices dropped as hopes for resumed U.S.-Iran talks eased fears of supply disruptions from the Strait of Hormuz blockade, despite ongoing risks.
US producer prices increase less than expected in March
U.S. producer prices rose 0.5% in March, less than expected, as energy costs surged amid Middle East tensions while service prices remained steady.
Wall Street indexes gain as investors hold out hope for US-Iran resolution
Wall Street indexes rose as investors hoped for a US-iran war resolution and monitored the start of the earnings season, with tech stocks leading gains.
US existing home sales drop to nine-month low in March amid tight supply
U.S. existing home sales dropped to a nine-month low in March due to tight inventory and rising mortgage rates, impacting housing affordability.
Oil jumps nearly 8% to above $102 ahead of US blockade on Iran
Oil prices surged above $102 a barrel as the U.S. Navy announced a blockade on ships to and from Iran, impacting global oil exports and market dynamics.
Oil set for largest weekly loss in 10 months after ceasefire
Oil prices face biggest weekly drop since last June despite supply concerns from Saudi Arabia and restricted flows through the Strait of Hormuz.
Oil rebounds as fragile ceasefire, Hormuz concerns keep supply risks elevated
Oil prices rose over 3% amid concerns about a fragile Middle East ceasefire and restricted flows through the Strait of Hormuz, a key global energy route.
