Dow Jones Top Markets Headlines at 3 am ET: Oil Rises as Escalating U.S.-Iran Conflict Stokes Supply Disruption Fears | OPEC, ...

Dow Jones
09/07

Oil Rises as Escalating U.S.-Iran Conflict Stokes Supply Disruption Fears

Oil prices climbed in Asia as escalating tensions in the U.S.-Iran conflict stoked concerns over potential supply disruptions in the Middle East.

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OPEC, Allies Agree to Keep Oil Output Steady in October

The cartel's move comes after six straight monthly increases.

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German Industrial Production Contracts on Auto Sector Slowdown

Output fell 1.1% on month after a flat reading in June, the country's statistics agency Destatis said Monday.

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U.S. Strikes Three Iranian Ships After Missiles Fired at American Aircraft Carrier

The latest bout of fighting marks an intensifying effort by both sides to assert control over the Strait of Hormuz.

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Canadians Double Down on U.S. Boycotts Over Tariffs and Trump's 'Lake America'

President Donald Trump's move to change the name of one of the Great Lakes has ignited a fresh round of Canadian ire.

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Is the U.S. losing its safe-haven status? Why global central banks are pulling gold out of New York.

What to know about safe havens and the U.S., as the Netherlands' central bank follows France in pulling gold out of New York.

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The Next Big Opportunity in Data Centers: Insuring Them

From tornadoes to power cuts, artificial-intelligence hyperscale data centers are exposed to a dizzying array of potential threats during their construction and operation.

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How Billions in Iranian Money Passes Through U.S. Banks

Illicit Iranian funds are flowing through U.S.-dollar clearing accounts, creating an enforcement dilemma for Washington.

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Skip the Rate Hike, Trim the Balance Sheet, Some Fed Watchers Urge

The Fed could make a policy error by raising interest rates, critics argue, citing other tools to tame inflation and encourage growth.

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U.S. Adds a Whopping 162,000 Jobs in a Bright Spot for the Economy

The unemployment rate stayed at 4.1%, a historically low level that indicates the labor market remains generally healthy.

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For Many Individual Traders, Prediction Markets Are Hot-and Crypto Is Not

As bitcoin loses its cool, traders are spending more time and money betting on sports, elections and Fed rate decisions.

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U.S. Retail Diesel Prices Hit Record High as Global Supply Tightens

Diesel prices jumped to a fresh record high as prolonged disruptions in the Middle East and Russian refineries continued to tighten global supplies.

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Bill Pulte Instructs Fannie and Freddie to Approve VantageScore in Blow to FICO Scores

Three big credit firms are "overcharging Americans," according to Bill Pulte, the head of the Federal Housing Finance Agency.

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Week Ahead for FX, Bonds: U.S. Inflation Data in Focus; ECB Expected to Raise Rates

Focus in the coming week will center firmly on U.S. inflation data as investors gauge whether the Federal Reserve could raise interest rates in the coming months, and possibly as early as this month.

 

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