Beijing’s decades-long push to reduce its dependence on foreign oil with huge investments in clean energy sources like electric vehicles is now paying off.
Category: Iran
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U.S. Vows to Block Iran’s Attempt to Shut Down Strait of Hormuz
Defense Secretary Pete Hegseth said that the disruptions in the Strait of Hormuz were “something we are dealing with.” And about 2,500 Marines were headed to the Middle East to bolster the war effort.
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The War in Iran Is Driving Costs Up. Here Are Some Ways to Save.
The widening war in the Mideast is making life more expensive. Experts shared some simple cost-cutting tips.
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What to Know About the U.S. Lasers Being Used to Counter Iranian Attacks
High-energy lasers can burn drones in the sky like a blowtorch. But they can be stymied by weather, and making them at scale will be a challenge.
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Surging Energy Costs Put German Industry ‘Really in Danger’
Four years after the Russian invasion of Ukraine sent energy prices soaring, the war in Iran is posing another challenge to efforts to revive European factories.
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Oil Prices Barely Budge After Trump Lifts Russia Sanctions
After surging about 10 percent on Thursday, oil prices had little reaction to the decision by President Trump to waive sanctions on the sale of some Russian crude.
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War in Iran Has India Scrambling to Keep Stoves Lit for Cooking
India relies on huge quantities of cooking gas that is normally shipped from the Persian Gulf.
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Fallout From Iran War and Oil Shock Deliver Another Blow to World Economy
Countries already walloped by a breakdown of the international trading order, war in Ukraine and chaotic U.S. policymaking are facing potentially lasting economic damage.
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War With Iran Puts Further Strain on America’s Pessimistic Farmers
Nearly 75 percent of farmers surveyed before the war said the crop sector was in a recession. They face bigger hurdles this planting season.
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Iran War Causing Largest Ever Oil Disruption, I.E.A. Says
Conflict is forcing producers to slash production and close ports as Iran steps up attacks on energy infrastructure.
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Why Oil Prices Surged Even After the Release of Strategic Reserves
Reserves or no reserves, the outlook remains bleak as long as a major oil and gas trade route remains virtually closed.
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Pentagon Bars Photographers From Briefings on Iran War
The decision is the latest move by the Pentagon to restrict access inside the department for journalists.