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Oil Prices Surge Past $100 as US Navy Blockades Strait of Hormuz

Key Points: Global oil prices spiked past $100 per barrel after peace talks between the United States and Iran collapsed. Brent crude futures jumped nearly 8% to hit $102.80, while US West Texas Intermediate soared to $104.88. President Donald Trump ordered the US Navy to blockade all maritime traffic moving in and out of Iranian...

Bitcoin Surges Near $73,000 as US and Iran Plan Peace Talks

Key Points: Bitcoin prices climbed 1.7% to $73,061.2, putting the cryptocurrency on track for a massive 9% weekly gain. The United States and Iran plan to hold peace talks in Pakistan despite ongoing disagreements over the Strait of Hormuz. Consumer prices jumped 0.9% in March because gasoline costs surged 21.2% during the Middle East conflict....

Gold Prices Fluctuate as US and Iran Prepare for Peace Talks

Key Points: Gold prices hover near $4,757 an ounce ahead of critical peace talks between the United States and Iran. President Donald Trump warned Iran not to charge shipping fees in the recently opened Strait of Hormuz. Traders still expect the Federal Reserve to cut interest rates this year after reviewing the latest core inflation...