Global markets are under pressure again amid doubts that the fighting in the Middle East can end anytime soon.
Category: Oil (Petroleum) and Gasoline
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Oil Prices Rise a Day After 10% Plunge
President Trump had set off a drastic market reaction on Monday by backing away from a threat to strike Iranian energy infrastructure.
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For Western Oil Companies, War in Iran Means Bigger Profits, and Risks
American and European oil and gas companies are expected to earn a lot more as prices surge but are worried about the future.
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China Eases Planned Increase to Gas Prices for 300 Million Drivers
In China, where half of new cars are electric vehicles or hybrids, a vast population still depends on gas. The government stepped in on Monday to “mitigate” the pain of surging costs.
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Markets Rally as Trump’s Iran Deadline Is Deferred
Stock futures rose and oil prices fell after President Trump cited “very good and productive” talks with Iran over ending the war.
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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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Stocks Tumble as Oil Prices Rise
Investors braced for a fourth week of market turmoil caused by the war in the Middle East
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As War Disrupts the Gulf, India’s Growth Story Faces New Risks
Generations of Indian workers and businesses have turned the Arab side of the Gulf into a vital appendage of their own country.
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What to Know About Electric Cars When Gas Prices Are Surging
War in Iran has disrupted global oil supplies, which is prompting some car shoppers to look for ways to climb off “the gas-price roller coaster.”
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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.