A worsening trade war and a spike in oil prices could create new economic risks as the president prepares to rally Republicans for the midterms.
Category: Oil (Petroleum) and Gasoline
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Trump’s Midterm Pitch Clouded by Iran War and Canada Tariffs
The New York Times – Business: -
Saudi Arabia Runs Out of Easy Routes for Oil to Bypass Iran War
The New York Times – Business:Saudi Arabia’s oil exports are plummeting as oil prices surpass $100 a barrel.
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Oil Hits $100 a Barrel as Turmoil Intensifies in Middle East
The New York Times – Business:The cost of crude has risen 40 percent since the start of the war in Iran, pushing up the price of gasoline, diesel and other refined fuels.
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The Economic Fallout From a Potential Return to $100 Oil
The New York Times – Business:Brent crude, the international benchmark for oil, is spiking again, reviving fears of inflation.
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Oil Climbs Toward $100 a Barrel Following Houthi Attacks
The New York Times – Business:Analysts said they expected the price of Brent crude, the international benchmark, to remain elevated for the rest of the year.
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How ‘Hypermilers’ Are Trying to Beat High Gas Prices
The New York Times – On the Runway:Gas prices have risen sharply since the start of the Iran war. Some drivers are using special techniques to maximize their miles per gallon and save at the pump.
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Canada’s Retaliatory Tariffs Set to Take Effect as Trump Threatens to Escalate
The New York Times – On the Runway:New Canadian levies of up to 50 percent are expected to begin Tuesday, even as Washington warns of a new round of American tariffs.
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Oil Prices Rise Slightly After U.S. and Iran Trade Strikes
The New York Times – Business:Brent crude, the global benchmark for oil, was up about 1 percent as trading resumed on Sunday, while the national average price of gas was nearly $4.15 a gallon.
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OPEC Plus to Keep Oil Production Steady
The New York Times – Business:The decision on Sunday by the cartel of oil-producing nations and some of its allies came after the resumption of U.S. and Iranian military strikes in the Persian Gulf.
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Iran’s Attacks Keep the Strait of Hormuz in a Lethal Stalemate
The New York Times – Business:The U.S. military is helping oil get out of the Persian Gulf on tankers, but Iran is still attacking the ships and scaring operators away.
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The U.S. Wants the Oil From These 17 Venezuelan Fields
The New York Times – Business:A private oil company has struck a deal with the Trump administration to develop 17 areas in Venezuela, an effort that experts say will take years and billions of dollars.