The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists.
Category: Oil (Petroleum) and Gasoline
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Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns
The New York Times – Business: -
Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns
The New York Times – Business:The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists.
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Attacks on Energy Infrastructure Could Lead to Much Higher Prices
The New York Times – Business:Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually end.
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The Effects of High Oil Prices
The New York Times – Business:Our chief economics correspondent, Ben Casselman, breaks down how gasoline prices have responded to the oil crisis in the Persian Gulf, and what is in store for inflation if the price of oil remains above $100 per barrel.
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The Best We Should Hope For From the Fed: Nothing
The New York Times – Business:A rate cut in the next few months could signal major problems in the economy.
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The Best We Should Hope For From the Fed: Nothing
The New York Times – Business:A rate cut in the next few months could signal major problems in the economy.
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Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge
The New York Times – Business:Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle East.
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Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge
The New York Times – Business:Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle East.
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Oil Prices Keep Climbing on Heightened Fears Over Energy Supplies
The New York Times – Business:Attacks on major energy facilities in Iran and Qatar injected new uncertainty into the outlook for oil and gas prices.
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The Iran War’s Economic Threat to Europe and Asia
The New York Times – Business:Inflation and its consequences for growth is a growing concern for countries where memories of the 2022 energy crisis are fresh.
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Trump Renews Demand for Rate Cuts as Fed Grapples With War in Iran
The New York Times – Business:Oil prices are soaring, threatening a wider problem with inflation, but the president has insisted that borrowing costs must be lowered.
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Iran’s South Pars Gas Field Is Attacked, Sending Energy Prices Soaring
The New York Times – Business:The field is part of a vast gas reservoir shared by Iran and Qatar. The strike appeared to be one of the most significant attacks on an energy site since the U.S.-Israeli air war against Iran began.