Oil prices fell on Thursday, with Brent and WTI crude erasing wartime gains. Investors bet global crude supplies would improve after tankers that had been stranded in the Persian Gulf for mo... Read more

Khanchit Khirisutchalual/iStock via Getty Images By Jim Iuorio “Inflation is always and everywhere a monetary phenomenon.” – Milton Friedman. In the first week of Econ 101, students le... Read more

Oil prices have slid back toward pre-war levels as crude flows pick up in the Strait of Hormuz. Apollo’s top economist Torsten Sløk says lower oil prices may lead to higher inflation.... Read more

A visitor from Atlanta turned a brief stop at a Las Vegas casino into a life-changing payday after winning more than $10 million on a slot machine just minutes after sitting down to play. Th... Read more

Newsletter Sign-up What matters most is not how many ships are leaving the Strait of Hormuz, but how many are going in. The latest “behind-the-meter” deal as Chevron makes 20-yea... Read more

Oil shipments through the Strait of Hormuz have risen to around 4.8 million barrels per day since the U.S.-Iran deal, according to Kpler. Oil flows in June are the highest since the U.S. and... Read more