Overall imports by the USA from the world also increased by 10.65% in the period

The conflict could trigger a spike in global oil prices, causing a rise operational costs, he says

Asian shares and oil rose amid Mideast conflict; Fed likely to have one rate cut

Vietnam "narrowing gap" with US on trade; key tariff issues unresolved

Oil prices rose amid Mideast conflict; gold gained; equities mixed; central banks eyed

China's factory output slowed; retail sales up, providing a rare bright spot

Gold prices soared on Friday as investors flocked to safe-haven assets following Israeli airstrikes on Iran, re-igniting fears of a broader conflict in the Middle East.

Israel’s strikes on Iran on Friday have raised the prospect of global oil prices hitting $100 a barrel. If Tehran seeks to escalate the conflict by retaliating beyond Israeli borders, it could seek to choke off the Strait of Hormuz, the world’s most important gateway for oil shipping.

The global commercial aviation fleet will stand just under 50,000 planes in 2044, with most built over the next 20 years, according to a Boeing forecast released Saturday.

The initiative highlights the deep interconnection between land and sea

Global debt nears 100% GDP; hidden debt, legal gaps demand transparency and reform

Israeli strike raises Asian LNG market concerns; prices jump, supply risks reviewed

Boeing forecasts global fleet nearly doubles by 2044; emerging markets drive growth

Fed to hold rates amid Trump pressure, tariff uncertainty, monitoring jobs, inflation

Middle East war, US protests amplify investor unease, market volatility.

Oil prices soared and stocks sank Friday after Israel launched strikes on Iran, prompting retaliation from Tehran and stoking fears of a full-blown war.

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days this week.

US gold futures settled 1.5 percent higher at $3,452.80

US consumer sentiment rose in June despite Mideast turmoil and economic concerns

Major indices spent the entire session in the red as investors shunned risk ahead of the weekend