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Chevron CEO Mike Wirth stated that early buffers in the oil market have been "depleted," and the risk of oil price increases from the Iran war is now higher.
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Jim Cramer says the 30-year Treasury yield, climbing to roughly 5.3%, is the key force driving stocks right now
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Multiple negative factors have triggered a "stock and bond sell-off" in the US financial market: soaring oil prices, US Treasury Secretary's buyback falling short of expectations, and Donald Trump's trillion-dollar "money-printing" promise have collectively led to a sharp rise across the board in US Treasury yields, with the 30-year yield hitting a 19-year high of 5.37%, while the stock market simultaneously declined.
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The UN envoy to Yemen warned the Security Council that the war in Yemen has entered a "more dangerous phase" after Houthi forces captured the strategic port of Mocha.
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US President Donald Trump stated he does not regret launching the war in Iran and denied that US military assets were damaged in the attacks.
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IEA forecasts global coal demand to reach a new record of 8.94 billion tons in 2026, driven by soaring natural gas prices due to the Middle East conflict.
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