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Published on March 26, 2024

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Major US Port Paralyzed After Baltimore Bridge Collapse

March 26, 2024
Shipping in and out of the Port of Baltimore was suspended after the collapse of the nearby Francis Scott Key Bridge, confirmed Maryland’s transportation secretary on Tuesday.“Vessel traffic into and out of the port of Baltimore is suspended until further notice, but the port is still open for truck transactions,” said Paul Wiedefeld, Maryland’s secretary of transportation, during a press conferen

Oil Prices Extend 2024 Rally After Ukraine Strikes Russian Energy Infrastructure

March 26, 2024
Oil prices firmed above $80 to start the holiday-shortened trading week, fueled by geopolitical tensions and tighter global supplies. Crude has joined the broader commodities rally and could add to renewed inflationary pressures throughout the U.S. and global economies.May West Texas Intermediate (WTI) crude futures picked up about 1.6 percent to finish the Monday session on the New York Mercantil