Energy prices have surged since the start of war with Iran, lifting inflation in the United States.
Category: Oil (Petroleum) and Gasoline
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Gas Costs a Third More Than a Year Ago
The New York Times – Business: -
Here’s the latest.
The New York Times – Business: -
Oil Prices Rise as Iran Steps Up Attacks and Fighting Intensifies
The New York Times – Business:In a volatile moment for energy markets, more vessels are being hit while transiting the Strait of Hormuz, while the Houthis and Saudi Arabia traded attacks.
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Here’s the latest.
The New York Times – Business: -
War Collides With Saudi Ambition at a Gathering of Oil Powers
The New York Times – Business:The tone of the WPC Energy Congress in Riyadh this week was defiant even as delegates were forced to redirect travel or address the audience from afar.
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Chip Stocks Tumble on A.I. Spending Fears and Rising Chinese Competition
The New York Times – Business:South Korean stocks tumbled in particular, as reports of a breakthrough by a Chinese chip rival heightened concerns about competition.
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I.M.F. Warns Mideast War Will Widen Gap Between Rich and Poor Countries
The New York Times – Business:Persistent conflicts, high energy costs and technological upheavals will slow global growth and raise prices, the organization forecast.
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Strikes Put Saudi Arabia’s Economy Under Pressure
The New York Times – Business:Deadly attacks on the main Saudi airport add to the challenges facing the country, as it seeks to maintain energy production and keep major events on track.
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World’s Energy Order Tested Again as Iran War’s Reach Extends Further
The New York Times – Business:“We are entering an age of prolonged insecurity,” one former U.S. energy official said of what have become chronic threats on the Middle East’s energy core.
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The Winning Stock Funds This Time Weren’t Tech. They Were Energy.
The New York Times – Business:Stock and bond fund returns for the quarter were bad nearly everywhere you looked, our columnist says. Energy stocks, lifted by the war with Iran, were an exception.
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Oil Prices Jump on Outburst of Violence in the Middle East
The New York Times – Business:Attacks on ships around the Strait of Hormuz have continued as a war between Saudi Arabia and the Houthi militia intensified.
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Fed Minutes Show Officials Saw More Work to Do to Quell Inflation
The New York Times – Business:Policymakers grew increasingly concerned about inflation risks at their most recent meeting in September.