Iran War: Tensions Escalate in the Strait of Hormuz
The ongoing Iran war has led to significant geopolitical tensions, particularly in the Strait of Hormuz, where Iran has closed shipping routes for over a month.
Tag: energy prices
Inflation Update: February Consumer Price Index Shows 0.3% Increase
The latest inflation figures indicate a 0.3% increase in the consumer price index for February, with the year-over-year rate remaining steady at 2.4%.
Jones act: Breaking Development on the : Temporary Suspension Considered
The Trump administration is preparing to issue a temporary suspension of the Jones Act to address rising energy prices. This move could allow foreign tankers to supply fuel more freely.
CPI Shows Moderate Increase in February 2026
The Consumer Price Index (CPI) rose by 0.3% in February 2026, with an annual inflation rate of 2.4%. Energy prices continue to impact the overall index.