While the president has promised rapid relief, Americans could feel the financial sting of the conflict for some time after it ends.
Category: Prices (Fares, Fees and Rates)
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War in Iran Is Disrupting Air Travel, Hitting Middle East Hardest
Some airlines and travelers, especially in the Middle East and elsewhere in Asia, are bearing the brunt of the pain, while others are doing better.
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Oil Prices Rise a Day After 10% Plunge
President Trump had set off a drastic market reaction on Monday by backing away from a threat to strike Iranian energy infrastructure.
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For Western Oil Companies, War in Iran Means Bigger Profits, and Risks
American and European oil and gas companies are expected to earn a lot more as prices surge but are worried about the future.
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China Eases Planned Increase to Gas Prices for 300 Million Drivers
In China, where half of new cars are electric vehicles or hybrids, a vast population still depends on gas. The government stepped in on Monday to “mitigate” the pain of surging costs.
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Energy Attacks in War on Iran Could Turn Economic Shock Into Long-Term Damage
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.
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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.