An energy shock stemming from the fighting has added a layer of complexity to the Federal Reserve’s decision-making around interest rates.
Category: Prices (Fares, Fees and Rates)
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Oil Prices Edge Higher as Confidence in Cease-Fire Wavers
Investors were in a more sober mood after sharp moves on the previous day.
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Fed Minutes Show Officials in No Rush to Cut as Iran War Scrambled Outlook
The conflict in the Middle East has left the Federal Reserve braced for higher inflation, upending expectations about if officials will restart interest rate cuts.
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Oil Prices Fall, but Energy Firms Remain Frozen After U.S.-Iran Deal
Analysts said oil and natural gas energy companies would not quickly restore production unless attacks stopped and ships started moving through the Strait of Hormuz.
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Why Gas Prices Won’t Fall as Quickly as Oil Prices
The energy industry refers to the behavior of gasoline prices as “up like a rocket, down like a feather.”
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Delta Expects Strong Profit Despite Higher Fuel Costs
The airline said demand for tickets remained very strong despite the effects of the war in Iran.
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Oil Prices Plunge and Stocks Surge After Cease-Fire Deal
Markets reacted positively after the United States and Iran reached a last-minute cease-fire agreement.
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Delta, WestJet and Other Airlines Announce Higher Baggage Fees and Fuel Surcharges
American and Canadian airlines, squeezed by surging fuel costs from the war in Iran, are adding “sticky” new bag fees and surcharges, on top of higher fares.
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Markets on Edge as Trump’s Iran Ultimatum Looms
Oil prices are rising and stocks are selling off as investors fret that the president will carry out his threats to “decimate” Iran.
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Oil Prices Jump as Trump’s Deadline for Deal Draws Near
President Trump’s Tuesday evening deadline for a deal approached after he rejected a cease-fire proposal as “not good enough.”
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What Does an Ultra-Luxury First Class Ticket Get You? Flying in a Frictionless Bubble.
A writer reports from inside the premium bubble, where there’s no such thing as too much, petty annoyances are nonexistent and the real world never intrudes.