Economy

Iraq's oil lifeline is breaking: The biggest state casualty of Hormuz crisis

The escalating crisis in the Strait of Hormuz is often discussed as a global energy shock. Roughly a fifth of the world’s oil supply normally passes through this narrow maritime corridor, meaning any disruption immediately rattles markets from Asia to Europe.

Fuel rations and no air con: south-east Asian nations race to conserve energy

Governments in countries heavily reliant on Middle Eastern oil introduce measures to shield public from soaring costs

Short-term yields rise after higher-than-expected inflation, Fed holds rates

The Federal Reserve held rates steady on Wednesday.

European stocks close lower as attention turns to the Fed

European stocks finished Wednesday's session in the red as the war in Iran and oil prices remain in the spotlight, and central banks come into focus.

Traffic is trickling through Strait of Hormuz: Who's moving and who's stranded

Iran has scared off most ships from the Strait of Hormuz, leaving some ships to pass through, while most continued to wait outside the strait.

The Iran War Could Hit a Lot More Than Oil

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Lululemon reports weak guidance as proxy battle, tariffs weigh on bottom line

Lululemon topped fourth-quarter estimates but gave weaker-than-expected sales and earnings forecasts for 2026.

The 'big lows' in the stock market are not in yet, Bank of America says

While stocks have rebounded to start the week, the bank's metrics aren't at the same levels that typically mark stock market bottoms.

Here are the ways 3 of our industrial stocks can weather Iran-fueled volatility

Honeywell, Dover, and Linde each have ways to mitigate the conflict overseas.

A typical U.S. family needs annual income of $145,000 to thrive, study finds. About half fall short.

March 17, 2026 / 3:31 PM EDT / CBS News

These high-yielding energy plays could be a ‘win/win,’ regardless of what happens with oil, Bank of America says

Master limited partnerships can offer solid income and hold up even as oil prices swing.

The Fed issues its latest interest rate decision Wednesday. Here's what to expect

The Federal Reserve has little choice but to stay on the sidelines this week.