Tag: @LCO26Z
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Kalshi traders see gas prices crossing $4 by end of July
Like last month’s average, Kalshi traders see gas prices surpassing $4 by the end of July.
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U.S. strikes Iran before Hormuz Strait blockade restarts
President Donald Trump has said the U.S.-Iran ceasefire is over following multiple flare-ups of hostilities in the region.
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Consumer prices rose 3.5% annually in June, less than expected as energy prices eased
The consumer price index in June was expected to increase 3.8% from a year ago.
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Global shipping industry sounds the alarm over Trump’s Hormuz toll plan
For shipping giant Hapag-Lloyd, it is “fundamentally wrong” to charge tolls for passage through international waters, regardless of the country in charge.
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CNBC Daily Open: The Hormuz blockade is back and Trump is tolling
Oil markets reel as President Trump revives his naval blockade in the Strait of Hormuz and demands a 20% toll charge.
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Trump’s Hormuz toll plans bring oil supply risks back in spotlight
President Donald Trump’s plan to impose a 20% fee on cargo passing through the Strait of Hormuz is threatening the global oil surplus.
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CNBC Daily Open: Hormuz toll threats, Mideast tensions keep investors on edge
Dwindling hopes of a Mideast peace deal and a tech sell-off sent U.S. benchmark indexes lower overnight, while Asia markets traded lower Tuesday.
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Inflation reports expected to show improvement with a caveat; Warsh heads to Capitol Hill
Tumbling oil prices in June are likely to provide some welcome good news for inflation.
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A July rate hike from the Fed? The odds are rising
Chances of a rate hike in July by the Federal Reserve rose as oil prices jumped on the latest developments in the Strait of Hormuz.
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Oil volatility is creating a ‘win-win’ trade strategy
The United States Oil Fund (USO), the ETF that best tracks oil prices, offers equity options traders a liquid, accessible alternative to the complexities of the futures market.
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