Iran war
Brass bands in Beijing make way for sticker shock at home as Trump returns to escalating inflation
WASHINGTON | President Donald Trump returned from the spectacle of a Chinese state visit to a less than welcoming U.S. economy — with the military band and garden tour in Beijing giving way to pressure over how to fix America’s escalating inflation rate. Consumer inflation in the United States increased to 3.8% annually in April, […]
Shipping industry fears fuel shortages as Iran war squeezes bunker fuel supply
BANGKOK | Ship operators rely on a sludgelike substance known as bunker fuel to keep vessels running. The Iran war ‘s closure of the Strait of Hormuz has choked off the supply of this fuel that powers the global maritime industry and its largest refueling hub in Asia. Bunker fuel is a literal bottom of […]