Fallout from the war in Iran didn’t dampen quarterly results at McDonald’s, Burger King and Taco Bell.
Category: Oil (Petroleum) and Gasoline
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Fast-Food Sales Rise Despite Higher Gas Prices
The New York Times – Business: -
Oil Prices Slide on Hopes for Renewed Peace Talks
The New York Times – Business:Investors waited for news on the situation in the Middle East, as the U.S. and Iran gave mixed signals on peace negotiations.
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War and Energy Shortages Boost China’s Influence in Asia
The New York Times – Business:The war in Iran has left China’s neighbors appealing for help, handing Beijing the kind of sway it has long sought.
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Higher Gas Prices Are Hitting Lower-Income Americans the Hardest
The New York Times – Business:People with lower incomes are driving less and devoting more of their budgets to transport as gas prices soar.
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Why Is Gas So Much More Expensive in Some States Than Others?
The New York Times – Business:Shipping, taxes, competition and environmental regulations all play a part in the cost of gasoline. That can lead to stark differences in pump prices.
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Oil Falls and Stocks Gain as Trump Changes Course in Strait of Hormuz
The New York Times – Business:Oil prices fell and stocks rose after President Trump’s about-face to pause the U.S. operation to escort commercial ships through the Strait of Hormuz
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Tell Us How High Gas Prices Have Affected Your Finances
The New York Times – Business:With fuel costs soaring from the war with Iran, we want to hear how you’re feeling about the U.S. economy.
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Ford Says an Affordable Electric Pickup Truck is Still Coming Next Year
The New York Times – Business:Ford Motor has written off $20 billion in electric vehicle investments but says it is forging ahead with an electric pickup that will sell for $30,000 next year.
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Oil Prices Slide but Remain Elevated as Middle East Tensions Escalate
The New York Times – Business:Oil prices fell, giving back some of the gains from the previous day as attacks in the Middle East raised concerns about the war starting again.
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As Oil Prices Stay High, China Doubles Down on Wind Power
The New York Times – Business:An industrial policy of subsidies and import restrictions laid the foundations for China to become almost as dominant in wind turbines as in solar panels.
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‘City of Glass’ Is Under Threat From Iran War
The New York Times – Business:In India, Firozabad has depended on its glassmaking industry for centuries. Fuel prices are starting to shatter businesses already under pressure.