NB Finance News: Economic Updates & Market Trends
NB Finance News
SpaceX sell-off wipes $1tn from Musk’s rocket group
Stock trades below $135 for first time since AI and space conglomerate’s Wall Street debut in June
By NB
Jul 16, 2026
Trump’s return to war with Iran offers no clear path to victory
Gamble on resuming hostilities raises prospect that conflict will overshadow president’s second term
By NB
Jul 16, 2026
US hits tanker heading for Kharg Island under renewed Iran blockade
Military clashes over control of Strait of Hormuz threaten global oil supplies
By NB
Jul 16, 2026
Oil traders warn market is close to running on empty as Hormuz shuts again
Stockpiles that acted as shock absorbers early in Iran war are running low as crucial waterway closes again
By NB
Jul 16, 2026