Oil soars 60% in March as Iran war chokes global energy supplies
Tehran’s closure of Strait of Hormuz in response to US-Israeli strikes sparks biggest crude rally in decades
Economic news
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Why $4 a gallon gas prices won’t trigger Fed interest rate hikes — and could lead to cuts
While there’s still plenty of uncertainty about where rates are headed, Wall Street commentary shifted back to expectations for cuts.
New chief of US audit regulator pledges to rewrite key oversight rule
Jim Logothetis says parts of quality control standard implemented by Biden administration ‘may be unnecessary’
US audit regulator pledges to rewrite oversight rule after industry backlash
Jim Logothetis says parts of quality control standard implemented by Biden administration ‘may be unnecessary’
Brent crude on course for largest monthly price rise on record
Cost of oil likely to keep climbing until Strait of Hormuz reopens to shipping
Trump tells allies including UK to ‘go get your own oil’
US ‘won’t be there to help you anymore’, president warns