Oil Prices

2 articles

Oil tanker transiting the Strait of Hormuz under tense military watch amidst geopolitical escalation.

Iran closes Hormuz Strait after US strikes

The Jordanian Army stated its air defenses intercepted and shot down 20 missiles fired from Iran toward its Azraq area, signaling a rapid and dangerous escalation following US strikes.

Rafael Montoya·June 11, 2026

A desolate highway with a gas station sign displaying extremely high prices, symbolizing the economic impact of the 2026 oil shock on the US.

Corporate Strategy

2026 oil shock threatens US economy with rising gas prices

The current global conflict has already removed over 12 million barrels per day from the market, a disruption equivalent to 11.

Ethan Caldwell·May 20, 2026