How long will the war last? No one knows, and it's making oil prices weird
Global crude oil prices have been volatile this month, swinging as much as $35 in a single day. They're also high — around $110 per barrel right now. But they didn't rise as much or as quickly as some analysts might have expected.
The Strait of Hormuz, the single most important waterway for global oil trade, has been largel...
The current situation surrounding the war in Yemen and its impact on global oil prices can be analyzed through several lenses. From a critical perspective, one could question whether the White House's conflicting messages are intentionally creating confusion to manipulate market expectations. Additionally, the possibility that high oil prices are being kept in check because traders think a short war is likely raises concerns about the potential for longer-term consequences if the conflict persis...