Wall Street futures are mixed while oil prices are stabilizing after President Donald Trump said the U.S. Navy could escort tankers through the Strait of Hormuz, where about a fifth of the world's oil passes ...
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The President also indicated that there is the possibility of US Navy escorts for ships sailing through the Strait of Hormuz.
Mobix Labs (MOBX) stock rocketed 257% after announcing a production order for filtering components used in the U.S. Navy's Tomahawk cruise missile system.
More than 50,000 American troops have been deployed as part of the US' Operation Epic Fury that has already eliminated 2,000 targets, according to US Navy Adm. Brad Cooper ...
South Korea's Kospi leads market sell-off across Asia and Middle East, despite Trump's suggestion US Navy could protect vessels moving through vital waterway ...
"Now you have opportunity. Do something great for Iranian people, to help them achieve their freedom," Navy vet Michael White said in his letter to President Trump.
President promises to provide insurance for vessels transiting the region as Iran conflict disrupts energy flows ...
Also in today's newsletter: China prepares law curtailing minority language rights, and Pakistan urges Iran not to attack Saudi Arabia ...
Shipping companies are not sending oil and gas through the Strait of Hormuz because they fear their ships might be attacked.
The US President said he was taking steps to keep energy supplies flowing as oil prices continued to surge.