The economic effects of the U.S.-Iran conflict are extending well beyond energy markets and into consumer lending. Rising uncertainty tied to the closure of the Strait of Hormuz has contributed to higher costs across the economy, from fuel to essential goods. While...
Global oil prices climbed to their highest point in nearly four years in late April, with Brent crude briefly topping $126 a barrel. The driver behind this spike is the ongoing blockade of the Strait of Hormuz, one of the world’s most critical shipping lanes for...
Gas prices across the United States continue to climb as global energy markets react to supply disruptions stemming from the conflict between the U.S. and Iran. Even though the United States remains one of the world’s largest oil producers, crude oil prices are...
U.S. equity markets reached new milestones in mid-April as investors continued to push stocks higher despite ongoing geopolitical tension tied to the Iran conflict. Both the S&P 500 and the Nasdaq Composite set new intraday and closing records, reflecting strong...
Rising concerns about a potential economic slowdown are beginning to shape how individuals and businesses plan for the months ahead. The month of March has seen a steady increase in recession expectations, driven by a mix of persistent inflationary pressures amid...
A recent interview examining global energy shocks with Cardiff founder William Stern offers a clear framework for understanding how economic pressure moves through the system, and why small and mid-sized businesses are often the first to feel it. The discussion...
Michigan residents are feeling the weight of a rapidly shifting energy landscape. Gas prices in the state have climbed more than 20 percent since U.S. air strikes on Iran began, with the statewide average for regular unleaded reaching around $3.60 per gallon and...
U.S. gasoline prices have risen above $3.50 per gallon amid the ongoing conflict in Iran, which continues to disrupt global energy markets. The increase reflects growing concern about supply risks stemming from instability in this key oil-producing region. As tensions...
Global diesel markets are facing significant disruption as conflict in the Middle East threatens key supply routes and refining activity. Diesel is critical for all parts of the supply chain, making it essential to the functioning of the global economy. As tensions...
