As the U.S. and Israel’s war against Iran enters its second month, Iran has found a new way to hold leverage over the world economy: closing and opening the Strait of Hormuz at will. Iran’s ability to ...

U.S. import and export prices each increased by more than 1% M/M in February, the largest increases since 2022, according to data released by the Bureau of Labor Statistics on Wednesday. U.S. import ...

A prolonged closure of the Strait of Hormuz, one of the world's most important oil shipping routes, could severely disrupt global supply chains and destabilize energy markets, potentially leading to ...

A widening Middle East conflict looks set to create the most significant disruption for gas markets since Russia’s invasion of Ukraine upended global trade four years ago. Iran’s neighbors, like Qatar ...

PROTECTING THE U.S. ECONOMY AND NATIONAL INTERESTS: Today, President Donald J. Trump signed a Proclamation imposing a temporary import duty to address fundamental international payments problems and ...

SPRINGFIELD, Mass. (WWLP) – Milano Importing, a family-owned business on Main Street in Springfield, announced it will close its doors permanently this week. The establishment’s final day of service ...

California is increasingly importing gasoline through the Bahamas — a workaround to a 106-year-old US shipping law that forces domestic fuel shipments onto costly American vessels. More than 40% of ...

The first time that University of Oxford astronomer Lyla Jung saw the cosmic configuration on her monitor, she almost didn’t believe it was real. But it was—and Jung and her colleagues went on to ...

The U.S. is reliant solely on foreign imports for at least 16 minerals — an increase from 2024, according to new federal data. The U.S. has become more reliant on foreign imports of more than a dozen ...

“To our loyal Genoa Importing customers, new and old; this week we’ve had to make a very difficult decision. It did not come lightly, but due to rising costs and the economy, we have decided to ...