EY analysts projected that the energy price and supply disruption caused by the ongoing Middle East conflict will weigh on household spending particularly for durable goods.
Tag: energy
Iran Is Not Trying to Close Hormuz Anymore — It Is Trying to Own It
Geopolitical analysts argue Iran’s strategy has shifted from threatening to close the Strait of Hormuz to seeking permanent administrative control over it.
US Imposes Blockade on Iran’s Ports Since April 17 2026 in Escalation of War
The naval blockade imposed six weeks ago has stranded hundreds of ships and pushed global energy prices higher.
A 4 Billion Dollar Permian Basin Federal Oil Lease Sale Quadruples Previous Revenue Record
The federal government’s onshore oil and gas auction generated four times more revenue than any previous sale