Local Business
Sunday, July 12, 2026 · Irvine
Analysts Expect Price Increases to Persist Beyond Iran Conflict
Fighting in the region has disrupted supplies of fuel, fertilizer, food and other goods, prompting analysts to predict that elevated prices will outlast the current conflict.
Sunday, July 12, 2026
Read StoryOil prices decline after U.S. and Iran announce Strait of Hormuz agreement
Crude oil prices fell Monday following an announcement that the U.S. and Iran reached a deal to reopen the Strait of Hormuz. Stock markets edged upward in response, though analysts questioned whether energy prices would continue declining.
Sunday, July 12, 2026
Trump Threatens 100% Tariffs on Europe Over Digital Services Tax
President Trump said he would impose 100% tariffs on European countries discussing taxes on digital services. The threat escalates tensions over how nations tax technology firms.
Sunday, July 12, 2026