The conflict could also fuel another bout of inflation, according to the International Monetary Fund.
Category: Prices (Fares, Fees and Rates)
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Oil Prices Slip and Stocks Gain as Investors Eye Possible Path to Peace
Investors saw a possible path to peace, with the United States and Iran trading proposals for Iran to suspend nuclear activity.
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Trump’s Latest Oil Blockade Brings Bigger Economic Risks
Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.
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Oil Prices Surge Above $100 After Peace Talks Fail and Trump Threatens Blockade
Oil prices surged as markets reopened on Sunday following news that U.S. peace talks with Iran had ended without a deal.
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The ‘Annoyance Economy’ Is More Than Just Annoying
A new estimate puts the cost of dealing with robocalls, hidden fees and customer service chatbots that can’t solve most problems at $165 billion.
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How the Iran War Is Affecting Inflation
Ben Casselman, our chief economics correspondent, describes how the increase in prices as a result of the war in Iran is beginning to show up in the data, and what could come next.
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‘Spring Clean’ Your Finances: How to Overhaul Your Spending and Savings to Stay on Track
When the world feels uncertain, spend the season of renewal taking charge of what you can control: your budget.
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Fallout of War Piles Economic Pain Onto Europe’s Political Stress
Europe is finding itself on the outs with Russia, China and the U.S., in what’s amounting to its very own “Mean Girls” moment.
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European Airports Warn of Jet Fuel Shortages if Strait of Hormuz Remains Shut
An association of airports told European Union officials that fuel shipments through the Strait of Hormuz had to restart within three weeks to avoid a “systemic” shortage.
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U.S. Inflation Surged in March as Iran War Pushed Up Prices
Soaring energy costs led to the biggest monthly increase in the Consumer Price Index since the peak of the post-pandemic inflation crisis in June 2022.
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Iran War Drives Deeper Oil Shock Than Prices Reveal
The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices that many people track don’t fully capture the scale of the disruption.
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A Record Jump in U.S. Gasoline Prices Is Squeezing Consumers
The cost at the pump made its biggest monthly percentage increase in decades amid lingering tensions over the war in Iran.