Oil prices jumped more than 7% on Friday, hitting their highest in months after Israel said it struck Iran, dramatically escalating tensions in the Middle East and raising worries about disrupted oil supplies. Eli Hartman | Reuters Oil markets are entering a new phase of uncertainty after the U.S. entered the war between Iran and … Read more
Oil prices are leaping and stocks are falling Friday over worries that Israel’s attack on Iranian nuclear and military targets could escalate further and damage the flow of crude around the world, along with the global economy. The price of a barrel of West Texas intermediate — the benchmark U.S. crude — jumped close to … Read more
A woman takes pictures with a Labubu doll at a Pop Mart store in Shanghai, China, on June 5, 2025. Ying Tang | Nurphoto | Getty Images China’s consumer prices fell for a fourth consecutive month in May, as Beijing’s stimulus measures appear insufficient to boost domestic consumption while trade tensions simmer. The consumer price … Read more