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News & Articles By Sterling Ashworth
04/28/2026
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By Sterling Ashworth
Oil Prices Rise as U.S.-Iran Tensions Disrupt Strait of Hormuz Shipping
Oil Prices Rise After U.S.-Iran Tensions Threaten Strait of Hormuz Crude oil futures climbed sharply on Monday, April 27, as heightened U.S.-Iran tensions disrupted shipping through the Strait of Hormuz, a waterway that handles about 20% of global oil shipments, according to market data. Brent crude rose 2.9% to $108.36 a barrel, while West Texas […]
04/27/2026
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By Sterling Ashworth
U.S. Authorities Freeze $344M in Crypto Linked to Iran
U.S. Treasury Secretary Scott Bessent announced on Friday that the department’s Office of Foreign Assets Control (OFAC) has frozen $344 million in cryptocurrency linked to Iran. The move, announced via a post on X, is part of ongoing U.S. efforts to disrupt Tehran’s ability to generate, move, and repatriate funds, according to Bessent. “We will […]
04/24/2026
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By Sterling Ashworth
Japan Requests Additional Oil Supply from Saudi Arabia Amid Strait of Hormuz Disruption
Japanese Prime Minister Sanae Takaichi formally requested that Saudi Arabia expand energy deliveries to Japan during a telephone call with Saudi Crown Prince Mohammed bin Salman on Thursday, April 23, 2026, according to a statement from the Japanese prime minister’s office. [1] The request is a direct response to a severe supply crunch caused by […]
04/23/2026
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By Sterling Ashworth
U.S. Treasury Secretary Acknowledges Gulf Ally Currency Swap Requests Amid Iran Conflict
Introduction U.S. Treasury Secretary Scott Bessent confirmed on Wednesday, April 22, that multiple American allies in the Persian Gulf have requested currency swap lines from Washington as economic turbulence from the ongoing war with Iran intensifies. Bessent made the comments during a Wednesday hearing before the Senate Appropriations Subcommittee on Financial Services and General Government. […]
04/21/2026
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By Sterling Ashworth
U.S. Treasury Extends Russian Crude Oil Sanctions Waiver Through May
The U.S. Department of the Treasury (USDT) has extended a sanctions waiver permitting transactions involving Russian crude oil through mid-May 2026, according to an official document issued on Friday, April 17. The extension, designated as General License 86E, allows for the delivery and sale of Russian crude and petroleum products loaded onto vessels as of that […]
04/20/2026
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By Sterling Ashworth
Bitcoin Price Tops $77,000 Amid Strait of Hormuz Reopening Announcement
The price of Bitcoin surpassed $77,000 early Thursday following announcements from Iran and former U.S. President Donald Trump regarding the reopening of the Strait of Hormuz. The cryptocurrency’s rally was attributed to a reduction in geopolitical risk after Iran declared the critical waterway fully open under a new ceasefire framework. The surge pushed Bitcoin back […]
04/16/2026
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By Sterling Ashworth
Global Energy Disruption From Iran Conflict Boosts China’s Dominance in Clean Technology Sectors
A conflict involving Iran and the resulting disruption to a major portion of Asia-bound oil and gas shipments through the Strait of Hormuz is accelerating a global shift toward renewable energy and electric vehicles, according to energy analysts. This market instability is poised to benefit Chinese industry, which holds a dominant position in these clean […]
04/15/2026
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By Sterling Ashworth
IMF Report Warns of Global Economic Slowdown, Inflationary Risks Following Regional Conflict
IMF Forecast Revises Global Growth Downward Amid Regional Conflict The International Monetary Fund (IMF) has revised its global economic growth forecast downward, citing a regional military conflict as a primary contributing factor to instability. Its latest World Economic Outlook, released in April 2026, projects that global growth could fall below 2% this year, which would […]
04/11/2026
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By Sterling Ashworth
Trump Threatens 50% Tariffs on Nations Supplying Weapons to Iran
Introduction On April 8, 2026, U.S. President Donald Trump announced a policy to impose immediate 50% tariffs on goods from any country found supplying military weapons to Iran. The announcement was made via a post on Truth Social, according to reports from several news outlets [1], [2], [3]. The threat comes just hours after the […]
04/11/2026
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By Sterling Ashworth
IMF Prepares Up to $50 Billion in Aid for Economies Impacted by Conflict, Warns of Global Growth Downgrade
The International Monetary Fund is preparing financial support of up to $50 billion for countries affected by the ongoing conflict involving Iran, according to statements from Managing Director Kristalina Georgieva. In comments made on April?9, 2026, Georgieva stated the fund was ready to provide support as the conflict causes ‘considerable hardship around the globe’ and […]
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