Even with US Navy warships, getting oil flowing through the Strait of Hormuz isn't likely to be quick or easy

Tech Insider : Business
A US Navy destroyer launches a Tomahawk missile as part of Operation Epic Fury.
The US Navy, if it were to take on an escort mission for tankers in the Strait of Hormuz, might need to lean heavily on destroyers like the one seen here launching a Tomahawk missile.

U.S. Navy photo

Oil surged past $100 before coming back to Earth. Wall Street is bracing for what comes next.

Tech Insider : Business, Economy, Travel
Oil drilling machinery on a job site.
Oil skyrocketed past $100 a barrel over the weekend because of the war in Iran, but later retreated.

David McNew/Getty Images

Nobel economist Paul Krugman said this surging energy price should 'terrify Republicans'

Tech Insider : Business, Economy
Paul Krugman
Paul Krugman.

Gene Medi/NurPhoto via Getty Images

Trade between China and Russia ballooned to a record $240 billion last year

Tech Insider : Economy, Economy
Russian President Vladimir Putin and Chinese President Xi Jinping attend a reception in Moscow
Vladimir Putin and Xi Jinping attend a reception in Moscow.

Reuters

The wild attacks on ships in the Red Sea are another geopolitical shock that could drive up inflation

Tech Insider : Economy, Economy
A Cargo Ship surrounded by Houthi boats in the Red Sea
The Galaxy Leader cargo ship being escorted by Houthi boats in the Red Sea on November 20, 2023.

Houthi Military Media/Handout

Oil has crashed 20% this quarter. Here's why – and what it means for your wallet.

Tech Insider : Economy, Economy
California Gas Prices
Gas prices at a Shell station on September 19, 2023 in Burbank, California.

Mario Tama/Getty Images

Oil has crashed 20% this quarter. Here's why – and what it means for your wallet.

Tech Insider : Economy, Economy
California Gas Prices
Gas prices at a Shell station on September 19, 2023 in Burbank, California.

Mario Tama/Getty Images

US gas prices have tumbled for 2 months to notch their longest streak of declines in over a year

Tech Insider
California Gas Prices
Gas prices at a Shell station on September 19, 2023 in Burbank, California.

Mario Tama/Getty Images

Ray Dalio, Jamie Dimon, and other Wall Street billionaires are worried about a world war. The market hasn't paid much notice.

Tech Insider : Economy, Economy
Ray Dalio
The risk of a world war that includes the US and China has risen to 50%, billionaire Bridgewater founder Ray Dalio said last month.

Eugene Gologursky/Stringer/Getty Images

Russian crude exports are rising despite pledge to cut, helping keep oil prices in check

Tech Insider
Crude oil tanker
Crude oil tanker

Getty Images

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