Dow jumps 3% as Democrats’ sweep lifts hopes of a shorter Iran war
The Dow rose 1,569 points, or 3%, as Democrats won both chambers, oil fell more than 8% and bond yields declined on hopes of a shorter Iran war under Trump.
Topic
Iran War
Topic
Iran War
Gas Above $4 a Gallon for Four Months Threatens GOP Midterm Grip
Gasoline has averaged above $4 per gallon since mid-June as the Iran war hits its eighth month, and GOP strategists privately con…
Gas at $4.29, Diesel at $6.35: Trump Calls War Costs a 'Freaking Fortune'
Gasoline averages $4.29 a gallon and diesel a record $6.35 since the Iran war began. Trump tells rally crowds: "We're making a fr…
Iran war has cost average US household nearly $2,000, Zandi says
Moody's Mark Zandi puts the Iran war's cost at nearly $2,000 per U.S. household, with the energy share growing $50 a week as fuel…
Chevron's Wirth: Oil Buffers Cushioning Iran War Shock Are 'Drained'
Chevron CEO Mike Wirth says the buffers that cushioned the Iran war oil shock have been "drained," leaving markets vulnerable as…
£2 Diesel Hits North East Charities and Businesses Hard
Diesel has passed £2 a litre for the first time, with cancer charity Daft as a Brush now spending £15,000 a month on fuel and min…
Hormuz Crude Exports Largely Back to Pre-War Levels
Crude exports from the strait of Hormuz have largely returned to pre-war levels via pipelines and ship-to-ship transfers, but die…
Europe Paid $113.5 Billion More for Energy and Got Nothing Extra
EU nations have spent $113.5 billion extra on energy since the Iran war began without receiving one extra molecule of fuel, pushi…
Saudi Arabia's Oil Windfall Hits $210 Billion Amid Iran War
Brookings' Robin Brooks estimates Saudi annualized oil export revenues reached $210 billion, up from $150 billion before the war,…