The U.S. Senate Banking Committee approves the nomination of Warsh for Federal Reserve Chair, advancing the selection to a full Senate vote.

US crude oil exports hit a record of over 6 million barrels per day last week as international buyers seek alternatives to Middle Eastern supply amid the ongoing war involving Iran.

US crude oil exports reached a record high of over 6 million barrels per day last week, driven by increased demand from international buyers seeking alternatives to Middle Eastern supply amid the ongoing war involving Iran.

U.S. gas prices hit fresh record of $4.23 per gallon, AAA reports, amid war with Iran.

U.S. gas prices have reached a new record since the start of the war with Iran, averaging $4.23 per gallon nationwide, according to AAA.

Bank of Canada Governor Tiff Macklem says the central bank may need to raise the policy rate if energy prices remain higher for longer. The comments signal a potential shift in monetary policy based on energy market trends.

Bank of Canada Governor Tiff Macklem stated that if energy prices remain elevated for an extended period, the central bank may need to increase the policy interest rate.

The Bank of Canada holds its benchmark interest rate at 2.25%. The central bank cited concerns over potential economic volatility linked to the ongoing situation in the Middle East.

The Bank of Canada has maintained its benchmark interest rate at 2.25%, while issuing a warning regarding potential economic volatility stemming from the Middle East.