US strikes military targets on Kharg Island – Iran’s main oil hub

US strikes military targets on Kharg Island – Iran’s main oil hub

US President Donald Trump said on Saturday that the US struck military targets at a strategic Iranian outpost in the Persian Gulf and warned it could hit oil infrastructure next if Tehran keeps disrupting energy flows in the Strait of Hormuz, intensifying the two-week conflict in the region. Trump noted in his post on Truth […]

US UoM Consumer Sentiment Index is seen at 55.5 in March

US UoM Consumer Sentiment Index is seen at 55.5 in March

American consumer confidence deflated in early March, as households grew more pessimistic about current conditions and the broader economic outlook, according to preliminary data from the University of Michigan. The closely watched Consumer Sentiment Index receded to 55.5 from 56.6 in the previous month, surpassing economists’ expectations (55.0) and signalling some weakening in public confidence.  […]