Category: Prices (Fares, Fees and Rates)

Oil Remains Potent Geopolitical Tool, Decades After Energy Crisis

The New York Times – Business:
The war in the Middle East has sent prices soaring, showing how much the world continues to depend on reliable supplies of oil and gas.
U.S. Gasoline Prices, Rising Again, Are Now Up 17% Since Conflict Started

The New York Times – Business:
Interruptions in oil supplies in the Middle East, source of much of the world’s energy, are trickling down to what American drivers pay when they fill up.
Oil Prices Spike Over $110 a Barrel, Highest Since Pandemic

The New York Times – Business:
The jump was a sign of growing concern that the war in the Middle East will take a toll on energy supplies.
Stocks Tank in Asia as Oil Price Surges

The New York Times – Business:
Asian markets tumbled on Monday as Middle East tensions and spiking oil prices sparked a mass exit from the region’s previously booming stocks.
Oil Prices Surge Above $100 a Barrel for the First Time in Almost Four Years

The New York Times – Business:
The jump was a sign of growing concern that the war in the Middle East will take a toll on energy supplies. Stock futures fell about 1.5 percent.
War-Induced Inflation Spike Looms Over Europe’s Economic Recovery

The New York Times – Business:
For months, the region has been encouraged by low inflation and better-than-expected economic growth. A disruption to energy supplies from the Middle East could knock it off course.
Oil and Natural Gas Prices Extend Rally as Iran Attacks Escalates

The New York Times – Business:
Energy prices continued to rise on Tuesday as attacks by the United States and Israel on Iran intensified, along with the country’s response.
What Rising Oil Prices Could Mean for Drivers in the U.S.

The New York Times – Business:
A prolonged conflict in the Middle East could cause a spike at American gas pumps, as the busy driving season approaches.
Airline Stocks Tumble as Iran War Expands Across Middle East

The New York Times – Business:
Higher fuel prices and lower demand for international flights are eating into airlines’ profits.
Stock Market Investors Brace for Iran War Fallout

The New York Times – Business:
Wall Street has largely shrugged off geopolitical upheaval in recent years. But the United States’ war against Iran comes at a more precarious time for the stock market.
U.S. and Israeli War With Iran Will Likely Send Oil Prices Soaring

The New York Times – Business:
Prices of oil and other commodities are expected to jump when trading resumes on Sunday, but how long they will stay high will depend on what the United States, Israel and Iran do next.
Oil Shipments in Persian Gulf Already Disrupted by Iran Attack

The New York Times – Business:
Tankers have begun to steer clear of the region and the Strait of Hormuz, threatening to push up energy prices.