Street voices
Street voices
Fiscal Policy
Fiscal Policy
Stocks
When US President Donald Trump posted on Truth Social on June 15 that the deal with Iran was complete and that the Strait of Hormuz would open, global markets responded immediately and dramatically. Asian markets, which had borne the heaviest direct exposure to the four-month Strait closure, led the
Investments
Copper closed at $6.14 per pound on June 26, 2026, up 21.23% from a year earlier according to Trading Economics data. Over the past month, the price has softened 2.63% as hawkish Federal Reserve expectations, and a stronger US dollar created headwinds for dollar-priced commodities. But
Monetary Policy
Personal Finance
When Iran closed the Strait of Hormuz on February 28, 2026, it did not just disrupt oil markets. It directly threatened the food supply of the countries that depend on the Strait for their imports. Gulf Cooperation Council states rely on the Strait for over 80% of their caloric intake.
Monetary Policy
Inflation
Investments
Gold hit its all-time closing high in January 2026, rising sharply on expectations of Middle East escalation and safe haven demand. Then the Iran war actually started, the Strait of Hormuz closed, and gold did not break out. It failed to sustain momentum above $5,200 per ounce even
Economic growth
Economic growth