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How a US blockade near the Strait of Hormuz could work and the impact ahead for the global economy

A blockade of Iranian ports that President Donald Trump said began Monday could further disrupt oil prices, has spurred questions about international law and leaves doubts about whether the pressure tactic will force Tehran to reopen the vital Strait ...
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Fort Bragg veteran facing espionage charges

(The Center Square) - Hearings are expected this week in the case of an Army veteran charged with violating the Espionage Act between 2022 and 2025 from her time spent with an elite Fort Bragg unit between 2010 and ...
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Qantas lifts fuel cost forecast as Middle East war jolts oil markets

April 14 (Reuters) - Australia's Qantas Airways said on Tuesday it has raised its fuel cost outlook and has not started its planned share buyback, citing sharply higher and volatile jet fuel prices after the war in the Middle ...
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Surging petrol prices drive record EV sales in Europe in March

By Alessandro Parodi April 14 (Reuters) - High petrol prices in Europe steered car buyers towards EVs in a record-beating March, and led to the first month of global EV sales growth this year, data by consultancy Benchmark Mineral Intelligence ...
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State House passes 133 bills, many potential impacts for Illinoisans

(The Center Square) - The Illinois House of Representatives passed a total of 133 bills last week, sending them to the Senate for further deliberation. ...
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Record armada of tankers bound for U.S. Gulf to load oil

(The Center Square) - An unusually large number of crude oil tankers on the open seas has the American Gulf coast as a destination as the ships are redirected to load cargoes bound for markets around the world already ...
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Illinois quick hits: Southwest to lay off 107 as O’Hare service ends

Southwest to lay off 107 as O'Hare service ends According to an Illinois Worker Adjustment and Retraining Notification Act notice, 107 Southwest Airlines workers ...
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Illinois has most government units, but consolidation brings challenges

(The Center Square) - A new report says Illinois is among the most fragmented states in the nation when it comes to local government, but consolidation is not always an effective cost-cutting option. ...
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Exclusive-United CEO Kirby raised potential tie-up with American in Trump meeting

WASHINGTON, April 13 (Reuters) - United Airlines CEO Scott Kirby raised the potential of merging with American Airlines in a meeting with U.S. President Donald Trump in late February, two sources told Reuters. United declined to comment. The White House ...
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Oil prices fall as US-Iran dialogue hopes ease supply concerns

By Anmol Choubey BENGALURU, April 14 (Reuters) - Oil prices fell in early Asian trade on Tuesday as signs of potential U.S.-Iran dialogue to end their war reduced concerns about supply risks stemming from the U.S. blockade of the Strait ...
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Australian business, consumer confidence crashes on worries about fallout from Iran war

By Stella Qiu SYDNEY, April 14 (Reuters) - Australia's business and consumer confidence crashed as the Iran war unleashed a global oil shock that may tip the local economy into a recession, surveys showed on Tuesday, as policymakers weigh if ...
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Dollar steady as US blocks Iranian ships, diplomacy presses on

By Satoshi Sugiyama TOKYO, April 14 (Reuters) - The dollar was steady on Tuesday but set for a seventh straight daily drop, as markets weighed supply risks from a U.S. blockade of Iranian shipping in the Strait of Hormuz against ...
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