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US wholesale inventories increase for third straight month in April
U.S. wholesale inventories increased 0.6% in April, marking the third straight month of growth amid supply concerns linked to the U.S.-Iran conflict.
Wall Street ends sharply lower; Middle East turmoil fans inflation fear
Wall Street ended sharply lower amid ongoing U.S.-Israeli conflict with Iran, fueling inflation fears and expectations of higher interest rates through 2026.
US producer prices surge in February on services
U.S. producer prices rose 0.7% in February, driven by services and rising oil prices due to the Middle East conflict, signaling potential inflation pressures ahead.
Oil prices up 5% as supply fears mount despite record stocks release plan
Oil prices surged nearly 5% due to attacks in the Strait of Hormuz and concerns over supply despite the IEA's plan for a record 400 million barrel reserve release.
Oil jumps more than 5% on supply concerns as Iran conflict widens
Oil prices jumped more than 5% due to escalating conflict between the U.S., Israel, and Iran, disrupting Middle East oil supplies and shipping routes.
