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Geopolitics

News sources reporting a new security incident in the Red Sea; nature of the incident is still unclear

StockNow breaking-news AI analysis

A Red Sea security incident on Aug 11, coupled with Houthi attacks on Saudi infrastructure and U.S.-Iran tension, continues to disrupt global shipping and sustain high oil prices.

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Geopolitics

US forces reportedly fired on a Panama-flagged ship that attempted to run the American blockade of Iranian ports early Tuesday, according to WSJ citing a US official

Geopolitics

Pakistani Defence Minister reportedly signals the US and Iran are close to some agreement; says the situation is moving towards peace

U.S. Economy

US Redbook (Aug/08 YY) 8.3% (Prev. 8.7%)