22+ hour, 7+ min ago   (368+ words) Somali businesses are seeking alternative shipping routes due to disruptions and security concerns around the Bab al-Mandab Strait and the Strait of Hormuz after Iran-backed Houthis captured a key port city and an island, sending thousands of Yemenis fleeing to…...

3+ day, 23+ hour ago   (263+ words) Sales of previously occupied U.S. homes declined in August to their slowest annual pace in more than a year as home shoppers grappled with rising mortgage rates and home prices. Existing home sales fell 2% last month from July to a seasonally…...

4+ day, 21+ min ago   (310+ words) Inflation is being driven by the high cost of oil resulting from the conflict between the U.S. and Iran. Wholesale Inflation Surges on Oil Prices Wholesale inflation rose 0.4% in August, driven higher by rising oil prices that have sent the global…...

4+ day, 56+ min ago   (136+ words) Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war are keeping costs elevated Wholesale Prices Moved Higher Last Month in Latest Sign of Stubborn Inflation Excluding the…...

4+ day, 1+ hour ago   (260+ words) The European Central Bank is raising interest rates to cool inflation that is being fed by high oil prices from the Iran war European Central Bank Raises Interest Rates a Quarter Point to Quell Energy-Fueled Inflation The central bank for…...

4+ day, 5+ hour ago   (305+ words) Industry data show China’s passenger car exports surpassed last year’s total in the first eight months of this year China’s Car Exports in First 8 Months Surpass 2025 Total, as EV Sales Soar FILE - Aerial view of new cars waiting for shipment…...

4+ day, 9+ hour ago   (706+ words) Asian shares have skidded following a retreat on Wall Street as the price of crude oil again trades above $100 a barrel Asian Shares Fall and Oil Prices Hold Steady Above $100 a Barrel U.S. futures were modestly higher. The price of Brent…...

5+ day, 4+ hour ago   (610+ words) The price of oil has surpassed $100 a barrel for the first time in almost six weeks after attacks on oil facilities and ships in the Middle East threatened to debilitate an already weakened supply chain Oil Rises Past $100 a Barrel…...

5+ day, 5+ hour ago   (520+ words) A map showing the Strait of Hormuz, also known as Madiq Hurmuz, and 3D printed oil barrels are seen in this illustration taken March 26, 2026. REUTERS/Dado Ruvic/Illustration By Tony Munroe and Anushree Mukherjee SINGAPORE, Sept 9 (Reuters) - Benchmark Brent ⁠crude ⁠oil…...

5+ day, 11+ hour ago   (232+ words) SINGAPORE, Sept 9 (Reuters) - Six ⁠commodity ⁠vessels transited the Strait ⁠of Hormuz on Tuesday, down from ​nine a day earlier and below the 10-day ‌average of about 12, ‌preliminary shipping data showed on Wednesday. The ⁠figures ⁠could change as some ships typically…...