News
Oil falls by 13% after Iran declares Strait of Hormuz open
2+ mon, 2+ week ago (476+ words) HOUSTON -- Oil prices plunged by about 13 per cent on Friday after Iran's foreign minister said passage for all commercial vessels through the Strait of Hormuz was open for the remaining ceasefire period and U. S. President Donald Trump said Iran has agreed…...
U. S. tariff revenue at risk in Supreme Court ruling tops US$175 billion, Penn-Wharton estimates
4+ mon, 1+ week ago (483+ words) WASHINGTON " More than US$175 billion in U. S. tariff collections are at risk of having to be refunded if the U. S. Supreme Court rules against U. S. President Donald Trump's broad emergency tariffs, Penn-Wharton Budget Model economists said on Friday. The U. S. Supreme Court could rule…...
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