The war in Iran has rewritten the inflation hedge playbook. Since 27 February, the day before Operation Epic Fury began, Brent crude has surged 37%, while gold has…
Tag: Strait of Hormuz
Oil prices soared more than seven percent to a four-year high above $126 Thursday after Donald Trump warned the US blockade of Iranian ports could last months and…
China criticized the U.S. blockade of Iranian ports along the Strait of Hormuz, saying the move was dangerous, even as a sanctioned Chinese vessel managed to transit through…
Oil prices rose in volatile trade on Monday, remaining close to recent peaks after U.S. President Donald Trump issued a 48-hour deadline for Iran to reopen the Strait…