As the U.S.-Israeli campaign enters a second month, analysts see a growing toll. One forecast predicts oil hitting $200 a barrel.
Category: Iran
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How the Iran War Is Costing the Economy Its Buffers
The New York Times – Business: -
Stocks Sink and Oil Dips After Trump Delays Threat to Bomb Iran
The New York Times – Business:President Trump said on Thursday he would delay an imminent deadline to begin attacking Iran’s power grid.
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Iran Keeps a Tight Grip on Strait of Hormuz, Pressuring Shipping and Energy Sectors
The New York Times – Business:Iran has allowed a small number of vessels to pass, but that won’t alleviate pressure or risk for the shipping industry and energy markets any time soon.
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Oil Prices Go Higher and Global Stocks Fall
The New York Times – Business:Investors continued to parse conflicting signals on whether the war in the Middle East was nearing de-escalation.
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What Happened After a U.S. Warship Hit an Iranian Mine in 1988
The New York Times – Business:President Trump has suggested providing escorts for stranded tankers. A mine strike on a U.S. frigate in the Persian Gulf shows the perils of doing so.
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Cheap Drones Remain Wild Card in Iran war
The New York Times – Business:Stopping Iran’s production of drones is critical to opening the Strait of Hormuz and halting its attacks on Gulf nations. But can it be done?
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Oil Prices Tumble 6% as Trump Shows Eagerness to Talk to Iran
The New York Times – Business:Investors reacted to signals of possible de-escalation of the war in the Middle East.
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Iran Says ‘Non-Hostile’ Ships Can Sail Through the Strait of Hormuz
The New York Times – Business:Ships with no ties to Israel or the United States would be allowed to pass, the government said, but it was unclear if any vessels would try.
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War in Iran Is Disrupting Air Travel, Hitting Middle East Hardest
The New York Times – Business:Some airlines and travelers, especially in the Middle East and elsewhere in Asia, are bearing the brunt of the pain, while others are doing better.
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Oil Prices Rise a Day After 10% Plunge
The New York Times – Business:President Trump had set off a drastic market reaction on Monday by backing away from a threat to strike Iranian energy infrastructure.