U.S. equities powered to fresh record highs by midday Tuesday as blowout guidance from Palantir Technologies Inc. (NASDAQ:PLTR) and a Caterpillar Inc. (NYSE:CAT) earnings beat reignited the AI trade, while crude oil tumbled more than 5% on growing conviction that a deal to reopen the Strait of Horm…
Although oil prices have retreated significantly from the highs reached during the peak of the Middle East conflict, volatility and uncertainty are likely to persist until a lasting and comprehensive agreement is reached between Washington and Tehran.According to CNBC, reports of Iranian attacks on…
The global energy market has experienced a dramatic round-trip. Following a joint U.S.-Israel strike on Iran in late February 2026 and the consequent closure of the Strait of Hormuz, which disrupted nearly 20% of global oil supply, crude prices surged. Resultantly, Brent crude climbed above $100 pe…
