A new phase targeting oil and gas infrastructure in the Persian Gulf threatens to hurt businesses and customers around the world for months or even years.
Category: Prices (Fares, Fees and Rates)
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Stocks Tumble as Oil Prices Rise
Investors braced for a fourth week of market turmoil caused by the war in the Middle East
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What to Know About Electric Cars When Gas Prices Are Surging
War in Iran has disrupted global oil supplies, which is prompting some car shoppers to look for ways to climb off “the gas-price roller coaster.”
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The U.S. Economy Is Insulated From High Oil Prices. Americans Aren’t.
The overall economy has proved resilient in recent years, even as many households have struggled. The war with Iran is following the same pattern.
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Oil Falls and Stocks in Asia Hold Steady
Oil prices had been gyrating this week, after a new round of attacks on major energy facilities in Iran and Qatar raised concerns about energy supplies.
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Central Banks Brace for Inflation as Energy Prices Surge
Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices.
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Central Banks Brace for Inflation as Energy Prices Surge
Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices.
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Attacks on Energy Infrastructure Could Lead to Much Higher Prices
Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually end.
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Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge
Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle East.