New Overnight Developments Abroad - Daily Update
Oil Price Stranglehold on Financial Markets Tightens Further
September 14, 2026
The Strait of Hormuz remains all but shut, and now Saudi Arabia’s East-West oil pipeline has been forced to close as well. The Brent and West Texas Intermediate prices of crude oil both jumped slightly more than 4.0% to start this week, increasing the perceived odds that central banks including the Federal Reserve, which reviews […] More