The Big Money Show’ examines escalating U.S.-Iran strikes around the Strait of Hormuz as crude oil hits $90, global bond yields surge and renewed energy concerns put pressure on markets.

Oil pushed higher after the biggest gain in three weeks on Monday as fresh hostilities between the US and Iran raised concerns about prolonged disruptions to energy flows through the Strait of Hormuz.

Oil prices rose nearly 1% in early trade on Wednesday, extending the previous session's surge, as concerns over supply disruption intensified after the U.S. and Iran exchanged ​strikes overnight, dimming hopes for a quick easing of tensions in the Middle ‌East.

Oil futures rose for a third straight session as strikes between the U.S. and Iran raised concerns about further escalation and oil flows out of the Persian Gulf.

Chevron is expanding its Venezuela oil operations with more than $7 billion in planned investment and new acreage as it targets sharply higher production.

Executives from several other oil-and-gas companies are expected to sign production deals in Caracas later Wednesday.

Chevron said ‌on Wednesday it had agreed with Venezuela on updated ​terms for its joint ​ventures in the country ⁠and plans to invest ​more than $7 billion over ​the next five years, targeting production of about 600,

Chevron has been assigned two additional oilfields in the Orinoco Belt, the region that contains most of Venezuela's vast reserves of extra heavy crude oil. Chevron plans to increase production in the country to 600,

Asian shares tumbled Wednesday after stocks slipped on Wall Street and as a bond market sell-off deepened globally. U.S. futures also declined. Tokyo’s Nikkei 225 dropped 3% to 64,278.95. SoftBank Group,

Stocks are rising on Wall Street as steady oil prices and bond yields relieve some pressure. The S&P 500 index rose 0.6% Wednesday. The Dow Jones Industrial Average rose 421

The United States threatened more devastating strikes. Iran accused Washington of hitting a wedding party, killing four people and wounding dozens.

It is the second round of strikes the U.S. launched this week — marking a renewed exchange of fire between the two countries after a weekslong pause in fighting. Tuesday’s str

Japanese ​Finance Minister Satsuki ‌Katayama said on Monday ​she met ​with U.S. Treasury Secretary ⁠Scott Bessent ​and agreed that ​orderly yen movement is critical for ​global market ​stability.

The finance ministers of the United States and Japan held talks in Asheville, North Carolina, in the southern United States, where the G20 finance ministers and central bank governors meeting is taking place,

The yen strengthened sharply against the US currency, leaving traders on high alert for the potential that authorities may once again intervene in the foreign-exchange market.

U.S. Treasury Secretary Scott Bessent called for sound ‌monetary policy to anchor inflation expectations and avoid excessive currency volatility during his meeting with Bank of Japan ​Governor Kazuo Ueda,

Nearly 71 million Americans got a 2.8% Social Security COLA in January 2026, but Medicare, inflation, and 1984-era tax thresholds have shrunk the real gain.

Projections suggest that next year's Social Security COLA will be bigger than the 2026 increase. Find out why that isn't necessarily a good thing for seniors.

Quick ReadSeniors fell behind in 2026 as the 2.8% COLA lagged 3.4% annual inflation, while rising Medicare Part B premiums further eroded the modest raise.Social Security will officially announce the 2027 COLA on October 14,

COLA isn't the only change that's happened for Social Security. Here are four changes that could affect your benefits and income, and what you can do to adjust.

Private-equity giant KKR has owned USI Insurance since 2017.

Aon Plc agreed to buy USI Insurance Services from KKR & Co. and other shareholders for $17 billion in cash, expanding Aon’s middle-market business.

Aon on Monday agreed to acquire insurance brokerage USI from private equity firm KKR for around $17 billion in cash. Why it matters: This will help Aon, one of the world's largest professional services firms,

Aon will buy rival USI Insurance Services in a $17 billion deal from private equity firm KKR, the insurance brokerage said on Monday.