A gallon has climbed to nearly $6 in the state, about $2 above the national average.
Category: International Trade and World Market
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Investors Question Whether Quick Peace in Iran Is Possible
Global markets are under pressure again amid doubts that the fighting in the Middle East can end anytime soon.
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Energy Attacks in War on Iran Could Turn Economic Shock Into Long-Term Damage
A new phase targeting oil and gas infrastructure in the Persian Gulf threatens to hurt businesses and customers around the world for months or even years.
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War in Iran Reveals Strait of Hormuz’s Weakness as an Oil Bottleneck
But at just 35 miles wide, it did. It’s just the latest evidence of how dependent the global economy is on a handful of choke points.
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The U.S. Economy Is Insulated From High Oil Prices. Americans Aren’t.
The overall economy has proved resilient in recent years, even as many households have struggled. The war with Iran is following the same pattern.
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Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns
The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists.
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Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns
The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists.
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The Cost of the A.I. Boom: A Trade Deficit the President Detests
A recent surge of A.I.-related imports has become an impediment to the smaller trade deficit President Trump wants.
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The Cost of the A.I. Boom: A Trade Deficit the President Detests
A recent surge of A.I.-related imports has become an impediment to the smaller trade deficit President Trump wants.