Strait of Hormuz

US Stock Futures Falls, Oil Wins on Trump Threats: Markets End

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US Stock Futures Falls, Oil Wins on Trump Threats: Markets End

(Bloomberg) – U.S. equity index futures fell and oil extended gains after President Donald Trump signaled a further escalation in the war on Iran, adding to the risk of energy panic already looming in the global economic outlook. Futures contracts for the S&P 500 Index fell 0.2% as traders cut back on predictions that higher … Read more

Should you book a vacation flight now considering the rising cost of jet fuel?

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Should you book a vacation flight now considering the rising cost of jet fuel?

Travelers planning summer vacations face a tough decision as global oil supply disruptions, caused by conflicts in the Middle East, have pushed up jet fuel prices leading to higher airfares being passed on to passengers. ADVERTISING ADVERTISING According to the latest analysis of the International Transport Organization, the price of world jet fuel stood at … Read more