Middle East War Forces Fed to Freeze Interest Rates
The Federal Reserve pauses interest rate cuts as Middle East conflict drives oil prices higher and threatens global trade routes in March.
Economy
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Trump Lifts Shipping Rules to Curb Gasoline Price Spike
President Donald Trump suspended the Jones Act to lower energy costs as gasoline prices surged 32 percent, though oil markets remain highly.
Federal Reserve Keeps Rates Steady During Iran Conflict
Jerome Powell and the Federal Reserve opted to maintain borrowing costs on Wednesday in Washington.
Energy Price Spikes Threaten Global Inflation Targets
Singapore energy traders watched on March 18, 2026, as spot prices for liquefied natural gas hit levels not seen since the initial energy crisis years ago.
Jensen Huang Restarts China Chip Sales in AI Pivot
Jensen Huang restarted China chip sales as Nvidia searches for a workable AI strategy inside export controls and market demand.
Iran Chokes Hormuz Traffic While Moving Its Own Crude
Tehran deployed fast-attack naval vessels to choke commercial shipping lanes in the Strait of Hormuz on March 18, 2026.
RBA Rate Rise Puts War Inflation on Households
The Reserve Bank of Australia lifted rates to 4.1 percent as energy prices from the Iran conflict hit household budgets.
Bank Indonesia Tightens FX Rules to Shield Local Currency
Bank Indonesia tightened foreign-exchange rules to support the rupiah as war, oil prices and dollar strength pressure emerging-market currencies.
Unpaid TSA Agents Work Without Pay
Unpaid TSA agents are continuing to work without pay, turning airport security into a direct measure of Washington's budget dysfunction.
Nationwide Blackout Paralyzes Cuba After Grid Failure
Cuba's national electrical system suffered a total collapse on March 16, 2026, leaving 11 million people without power.
Iran Conflict Revives US Stagflation Fears
The Iran conflict is reviving US stagflation fears as energy prices, inflation expectations and slower growth warnings converge in financial markets.
Bessent Denies Treasury Role in Oil Market Intervention
Scott Bessent is pushing back on claims that Treasury is steering oil markets, while investors watch whether energy volatility becomes a policy problem.