Category: Iran

Trump Administration’s Temporary Reprieve on Russian Oil Expires

The New York Times – Business:
A sanctions waiver aimed at keeping global oil prices down had allowed Moscow to sell oil currently at sea.
Investors Brace for a New Hormuz Blockade Threat

The New York Times – Business:
President Trump’s plan to bar ships from entering or leaving Iranian ports has put markets on edge and added to global economic uncertainty.
How Iran, Suffering Under Sanctions, Diversified Its Economy

The New York Times – Business:
As the nation contended with high inflation, high unemployment and unrest before the war, it became more than just an oil exporter.
Oil Prices Surge Above $100 After Peace Talks Fail and Trump Threatens Blockade

The New York Times – Business:
Oil prices surged as markets reopened on Sunday following news that U.S. peace talks with Iran had ended without a deal.
European Airports Warn of Jet Fuel Shortages if Strait of Hormuz Remains Shut

The New York Times – Business:
An association of airports told European Union officials that fuel shipments through the Strait of Hormuz had to restart within three weeks to avoid a “systemic” shortage.
Iran War Drives Deeper Oil Shock Than Prices Reveal

The New York Times – Business:
The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices that many people track don’t fully capture the scale of the disruption.
Oil Ticks Higher and Stocks Rise Ahead of U.S. Inflation Report

The New York Times – Business:
A temporary cease-fire in the war on Iran faces multiple hurdles and investors are watching the release of U.S. government data on inflation.
I.M.F. Says Iran War Will Drag Global Growth Lower

The New York Times – Business:
Kristalina Georgieva, the head of the International Monetary Fund, said the war in the Middle East could lead to another bout of inflation and higher interest rates.
How the Strait of Hormuz Stifled a Market Rally

The New York Times – Business:
Questions about how freely ships can pass through the waterway have pushed up oil prices and weighed on stocks.
Oil Prices Edge Higher as Confidence in Cease-Fire Wavers

The New York Times – Business:
Investors were in a more sober mood after sharp moves on the previous day.
Is the Strait of Hormuz Reopening? What to Know Under Iran-Cease Fire.

The New York Times – Business:
Vessels are wary of passing the coast of Iran in the strait, given the fragile agreement, and the number of ships traveling through it has even dropped.
Oil Prices Fall, but Energy Firms Remain Frozen After U.S.-Iran Deal

The New York Times – Business:
Analysts said oil and natural gas energy companies would not quickly restore production unless attacks stopped and ships started moving through the Strait of Hormuz.