Kuwait cuts oil production as Strait of Hormuz closure disrupts global energy market
Brent oil prices could spike above $100 per barrel if the Gulf Arab countries run out of storage space and shut down production, according to JPMorgan.

Brent oil prices could spike above $100 per barrel if the Gulf Arab countries run out of storage space and shut down production, according to JPMorgan.
The U.S. says it has hit more than 3,000 Iranian targets in the first week of the war, as Iran's president vows to halt attacks on neighbors.
The 2026 midterm election will determine whether Democrats can win back majorities in both chambers of Congress, and check President Donald Trump's policies.
Travelers who are far from falling missiles, drone attacks and other geopolitical flashpoints aren't immune to ripple effects.
An unusual swell of Canadian patriotism seen after Trump's threats and tariffs last year has evolved into a new social and economic order.
Berkshire Hathaway's new CEO, Greg Abel, generated some significant headlines during a roughly half-hour live interview on CNBC's "Squawk Box."
Economist Heather Long says the U.S. economy is diverging into three tiers of consumer behavior instead of two, amid an ongoing affordability crisis.
The GOP's "big beautiful bill" made administrative tweaks expected to reduce enrollment in the Affordable Care Act marketplace by millions of people.
While the amount that a median-income household can afford is higher than it was a year ago, it is still below the median price for a single-family home.
A new report warns that the U.S. could lose its dominance in space to China in the next few years.
A growing number of consumers are seeking out third spaces and membership clubs surrounding wellness, to improve their health while also socializing.
Cloud vendors are letting customers know that Anthropic's popular AI tools can still be accessed after the Department of Defense blacklisted the company.
The average IRS tax refund is up 10.6%, based on early filing data. Here's what you can expect.
Vinay Prasad is leaving his post as director of the Center for Biologics Evaluation and Research.
CBP told Judge Richard Eaton that the technology upgrades it plans would save more than 4 million man-hours in processing refunds for Trump's tariffs.
Some Americans are using AI chatbots for therapy. Mental health experts share when it is, and isn't, safe to use those tools for emotional support.
Surprising economic data, another batch of earnings, and an intensifying conflict in the Middle East all combined to move the market, mostly downward.
Tanker traffic through the Strait of Hormuz remains at a standstill as the Iran war engulfs the region.
Palantir's stock had its best week since August and outperformed all of its large-cap tech peers after the U.S. attacked Iran.
Parents who prioritize boosting their kids' confidence are "setting them up for a lifetime of success," says mental performance coach Cindra Kamphoff.
Robinhood's Venture Fund I plunged 11% in its debut on the New York Stock Exchange on Friday, casting doubt on investors' appetite for riskier investment.
Iran's government cut internet connectivity shortly after start of U.S.-Israeli attacks on Feb. 28.
Critics of paying college athletes say it undercuts schools' finances and their educational mandate.
President Trump said he met with CEOs of BAE Systems, Lockheed Martin, Northrop Grumman, RTX Corp., Boeing, Honeywell Aerospace and L3Harris Missile Solutions.