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Middle East war: global economic fallout

Middle East war: global economic fallout

Here are the latest economic events in the Middle East war on Saturday: - Kharg Island bombed, Iran threatens US-linked oil targets - President Donald Trump said the US heavily bombed military targets on Iran's Kharg Island, which handles almost all of the country's crude exports, and

Trump considering temporary U.S. energy shipping waivers

(The Center Square) – President Donald Trump said Friday he is considering a temporary suspension of shipping regulations that govern energy, agricultural and other cargoes moved between U.S. ports as prices for crude oil, gasoline and diesel fuel continued to push higher on the 13th day of the U.S.

Fear, boredom for Philippine sailors stuck in Hormuz strait

Fear, boredom for Philippine sailors stuck in Hormuz strait

Filipino sailor George Miranda was racing to help a stricken vessel aboard the tugboat Mussafah 2 when he last spoke to his wife and young daughter. The 46-year-old, whose small ship was struck by a pair of missiles this week in the Strait of Hormuz, is the only