Trump Admits His Iran War Decision Drove Up Energy Prices and Inflation
Donald Trump’s admission that he launched a war in Iran knowing it would spike energy prices has drawn sharp Republican criticism. With inflation surg...
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U.S. Inflation Hits 3-Year High at 3.8% as Energy Costs Surge, Wages Lose Ground
U.S. consumer prices rose 3.8% in April, the highest inflation rate in three years, driven by soaring energy costs. Wage growth of 3.6% over the past...
US Energy Secretary Admits Inability to Forecast Gas Prices Amid Rising Costs
US Energy Secretary Chris Wright admitted he cannot predict short- or medium-term energy prices, including whether gas could reach $5 per gallon. His...
Iran Conflict Escalates into Prolonged Standoff Resembling Cold War
The Iran conflict has entered a Cold War-like phase marked by financial sanctions, naval interdictions, and stalled negotiations. Analysts warn of pro...
Oil Surge Puts Fed in Tight Spot Ahead of April Meeting — How Bitcoin Could Be Affected
A sudden spike in oil prices has reignited inflation concerns just days before the Federal Reserve's April 28-29 meeting. The Fed now faces a critical...
U.S. Gas Prices Likely to Stay High Through 2025 Despite Strait of Hormuz Reopening
Even if the Iran conflict ended today and the Strait of Hormuz reopened fully, U.S. gas prices may not return to pre-war levels until 2027. Analysts w...