What will war in Iran do to the global economy?
Conflict has exposed how much growth depends on energy supplies through the Strait of Hormuz
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Conflict has exposed how much growth depends on energy supplies through the Strait of Hormuz
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Energy analysts are bracing for a possible oil supply shock after U.S. strikes on Iran reignited fears of disruptions in the Strait of Hormuz.
Iran's strategic allies Russia and China have made strong diplomatic protests, but analysts say neither is in a position to offer meaningful support.
Khamenei assumed power following the death of Ayatollah Ruhollah Khomeini in 1989, inheriting a revolutionary state still consolidating itself.
The U.S.-Israeli attack raises the risk of major oil supply disruption. Iran is the fourth-largest OPEC producer and sits on the critical Strait of Hormuz.
OpenAI's ChatGPT remains the top free app in the U.S. on Apple's rankings, but Claude has steadily gained traction.
Investors last week wrestled with the impact of AI adoption on various sectors and the overall economy. This coming week is a wildcard after the U.S. and Israel attacked Iran.
Investors are bracing for impact after the U.S.'s attacks on Iran, a move they see as carrying far larger market consequences than the Venezuela campaign.