A U.S. attack or a move to seize control of Iran’s main oil export hub could cripple the country’s ability to profit from its natural resources. But it would also risk sending energy prices even higher.
Category: Oil (Petroleum) and Gasoline
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Kharg Island Is an Appealing Target for Trump, With High Risks
The New York Times – Business: -
Flight Prices Are Up Amid Soaring Fuel Costs, but Travel Demand Remains High
The New York Times – Business:Airline executives said the war in Iran had raised fuel costs and, as a result, fares, but that had not yet hurt demand for tickets from individuals and businesses.
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Iran’s Hormuz Stranglehold Upends Markets and Geopolitics
The New York Times – Business:Energy prices continued to climb around the world as war in the Middle East intensifies. That has scrambled President Trump’s foreign policy strategy.
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After Pulling Back, Oil Prices Resume Their Rise
The New York Times – Business:Shipping routes crucial to global commerce remained disrupted as the conflict in the Middle East continued.
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With Iran War, Trump Risks Stepping on Gains From His Own Tax Cuts
The New York Times – Business:President Trump’s war in Iran has raised some costs just as many Americans are starting to see savings from last year’s tax cuts.
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Why Trump’s Strait of Hormuz Problem Is Going Global
The New York Times – Business:President Trump is getting little to no support so far for his call that other countries do their part to try to ease an energy crisis prompted by U.S.-Israeli attacks on Iran.
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Iran War Risks Sharpening Fed Divisions Over Rate Cuts
The New York Times – Business:The Federal Reserve is set to hold interest rates steady this week as officials grapple with a host of new economic risks stemming from the conflict in the Middle East.
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Oil Tops $106 a Barrel as Worries Persist About Global Supplies
The New York Times – Business:As the broader war in the Middle East begins its third week, worries over the fallout of crippled energy supplies continue to roil markets.
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War in Iran Has Grounded Gulf Airlines Like Emirates
The New York Times – Business:Emirates, Qatar Airways and Etihad Airways have become some of the world’s largest and most profitable thanks to their location at the center of busy travel routes.
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For Trump, a Promised Economic Boom Collides With the Costs of War
The New York Times – Business:President Trump had envisioned a growing economy and improving fortunes for American families in 2026. That appears at risk in his war with Iran.
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Why Little Was Done to Head Off Oil’s Strait of Hormuz Problem
The New York Times – Business:Geography and regional rivalries have prevented Gulf countries from finding a true alternative to the strait, which the war with Iran has effectively shut down.