Latest United States Development Finance Corporation News & Updates

Washington, March 4 (IANS) Oil and natural gas prices climbed sharply as the war involving Iran raised fears about disruptions to the Strait of Hormuz, a key shipping corridor for global energy, prompting US President Donald Trump to move to reassure markets and protect tanker traffic.Energy markets surged as investors grappled with the widening Middle East conflict and mounting threats to the narrow waterway through which roughly a fifth of the world’s oil and gas flows.According to a report …