IRGC Reports Supertanker Fire After Mine Strike in Strait of Hormuz
Iran's IRGC says a supertanker illegally traversing the Strait of Hormuz hit two naval mines and caught fire.
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Iran's IRGC says a supertanker illegally traversing the Strait of Hormuz hit two naval mines and caught fire.
Iran strikes UAE and Jordan bases, warns US of full responsibility for escalation; oil prices jump.
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Oil prices jumped after US strikes on Iran prompted retaliation, while Asia markets fell on Mideast tensions and rate fears.
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Asian stocks fell on Monday as renewed US-Iran fighting boosted oil prices and bond yields stayed elevated. Japan and South Korea posted significant declines,β¦
Gold extended its decline on Monday, continuing Friday's sharp selloff triggered by Fed Chair Warsh's hawkish Jackson Hole speech, as no fresh catalystsβ¦
Yen weakens past 160 per dollar for first time since record $98.7 billion intervention, as Warsh's hawkish signals overshadow Bessent's reassurance.