Oil prices plunged and the stock market rallied after U.S. President Donald Trump and Iran’s foreign minister said that the Strait of Hormuz is fully open.

As Ida leaves Gulf, analysts foresee modest economic damage

Read full article: As Ida leaves Gulf, analysts foresee modest economic damage

With more than 1 million customers in Louisiana and Mississippi having lost power, Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along the Gulf Coast.

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RICHARD JOSWICK

Traffic and trepidation in the Persian Gulf could keep gasoline prices from dropping quickly

As Ida leaves Gulf, analysts foresee modest economic damage