Oil prices are likely to remain volatile as long as the United States and Iran are unable to resolve the status of the Strait of Hormuz.
Category: Embargoes and Sanctions
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Global Economic Output Looks Slower for 2026, IMF Says
The I.M.F. projected world output would fall to 3 percent for the year, a number pushed down by high commodity prices.
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Iran Strikes Ship in Strait of Hormuz, Undermining Efforts to Restore Traffic
The attack, confirmed by U.S. and Iranian officials, came after Tehran threatened to disrupt shipping in the waterway and as Washington sought regional support for its peace agreement.
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While the World Scrambles for Oil, China Sits on Full Tanks
The possible reopening of the Strait of Hormuz may not prompt China to return quickly to prewar levels of oil purchases from the Persian Gulf.
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For India, the Return of Iranian Oil Cannot Come Soon Enough
After months of shortages and uncertainty, India sees an opportunity to restore a once-crucial energy relationship.
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How Deal With U.S. Could Reconnect Iran to the Global Economy
The country has long faced some of the world’s heaviest sanctions. The lifting of restrictions could open new vistas on trade and financial access.
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Inflation Fears Cloud G7 Economic Agenda as Iran War Persists
The United States and Europe were at odds over the Trump administration’s decision to ease oil sanctions on Russia.
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G7 Finance Ministers Look to Contain Iran Economic Fallout
Top policymakers were expected to discuss rising energy prices and sanctions policy at a critical summit in Paris this week.
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G7 Finance Ministers Look to Contain Iran Economic Fallout
Top policymakers were expected to discuss rising energy prices and sanctions policy at a critical summit in Paris this week.
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Which Countries Are Profiting From the Iran War Oil Shock
An analysis of oil export data offers clues about which nations have benefited from higher prices, and which have lost a lot of revenue.
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What to Watch at Trump and Xi’s U.S.-China Summit
Here’s what to know about the biggest sources of tension in U.S.-China relations before the first summit in Beijing in nine years between the nations’ leaders.
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Trump’s Shrinking Ambitions on China
The president came into office planning harsher trade moves on China than on the rest of the world. Here’s why he’s had to scale them back.