Oil rises amid supply disruption fears following Iran's restrictive draft plan for the Strait of Hormuz
News of Iran's restrictive draft plan for the Strait of Hormuz sent oil prices higher, renewing concerns over supply disruptions.

News of Iran's restrictive draft plan for the Strait of Hormuz sent oil prices higher, renewing concerns over supply disruptions.
The conflict is broadening across the region, with Gulf energy infrastructure and key shipping chokepoints under renewed threat.
The unprecedented U.S.-Japan intervention to support the yen may end up shaping market behavior.
China's exports rose more than expected in July, as global demand for high-tech components continues to absorb the country's manufactured goods.
U.S. social media giant Meta is facing increasing pressure from Indian regulators, including demands to revoke the firm's safe harbor immunity in the country.
South Korean babies are turning into mini shareholders, thanks to their parents' investment strategies.
A judge in New Mexico ordered Meta to pay $567 million into an abatement fund after a jury ruled the company violated the state’s unfair practices act.
Once a reliable gauge if economic health, "Dr. Copper" may be giving complicated signals this year.
Fox has decided not to renegotiate its current TV deal with the NFL until the expiration of the league's opt-out clause in 2030, said CEO Lachlan Murdoch.
Box office analysts say the resurgence of billion-dollar releases bodes well for a film industry that's still chasing pre-Covid levels, even with higher prices.
Airbnb said it's seeing strong demand "across all regions," contributing to the company's better-than-expected forecast.
Nonfarm payrolls are expected to post a gain of just 83,000 with an unchanged unemployment rate at 4.2%.
China unleashed its broadest package of trade countermeasures since last October's trade truce, pushing back against a string of recent U.S. restrictions.
The nonpartisan watchdog found Elon Musk's DOGE didn't cut as much federal spending as it claimed and that it fell far short of its promised $2 trillion.
Trump's reported phone calls to the Fed chairman will complicate his efforts to prove he will act independently on inflation and interest rates.
India is ramping up stake sales in state-owned companies to keep the growth engine running amid growing fiscal constraints
Hyperscalers are still reporting impressive growth in operating cash flow.
With the first tranche of SpaceX shares held by insiders unlocking, the stock could see downward pressure.
American Airlines will no longer give elite frequent flyers free upgrades from economy class to business on some of its longest domestic routes
CNBC’s Jim Cramer said earnings season reinforced five investing themes he thinks will produce the market's best buying opportunities.
Grindr says AI is boosting engineering productivity, supporting a new $350-per-month premium tier and driving stronger subscriber growth and retention.
Virginia's State Corporation Commission is tasked with reviewing the deal and will either accept, reject or impose conditions on it.
"On the advice of my doctors, I'll maintain an intensive regimen of physical therapy from home during the state work period," the 84-year-old McConnell said.
The salad chain has not been implicated in the ongoing cyclospora outbreak.