The Federal Reserve is trying to catch up with the leap in bond rates as the Middle East conflict unnerves world markets.
Category: US and Israeli Attack on Iran (2026)
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What Set Off the Rise in Interest Rates? Mainly, the Iran War.
The New York Times – Business: -
Why Europe Really, Really Needs a Mild Winter
The New York Times – Business:The economy has been resilient despite higher prices stemming from the war in the Middle East, but that could change quickly if cold weather forces countries to tap depleted gas reserves.
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Iran War Will Make Winter More Expensive for Some Americans
The New York Times – Business:The cost of heating oil, which is similar to diesel and used extensively in Northeastern states, has climbed sharply because of the war in Iran.
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As a New Oil Power, China Gains More Sway Over Energy Markets
The New York Times – Business:The war with Iran revealed just how much influence the world’s biggest oil importer has over prices and other countries’ supplies of jet fuel, gasoline and diesel.
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Global Economy Is Running Out of Wiggle Room
The New York Times – Business:Many countries blunted the most painful effects of the energy shock from the war in Iran. But prices remain elevated and risks are multiplying.
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Global Oil Prices Could Hit Highest Levels in Months After Saudi Pipeline Attacks
The New York Times – Business:Estimates vary on how long it could take before a crucial pipeline is repaired, but a prolonged shutdown could push oil prices to their highest levels in months.
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Houthis Say They Downed a Saudi Fighter Jet and Deny Targeting Mecca
The New York Times – On the Runway:The Iran-backed militia in Yemen made its claim hours after a Saudi-led military coalition accused it of firing a drone near the Muslim holy city.
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House Directs Trump to Halt War With Iran or Secure Congress’s Approval
The New York Times – On the Runway:It was the fifth time that a chamber of the Republican-controlled Congress has voted to rein in President Trump’s war powers as discontent with the conflict grows among voters.
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Pentagon Inspector General Details U.S. Losses and Challenges in Iran War
The New York Times – On the Runway:Helicopters for evacuating casualties were pulled from four countries, and hundreds of military facilities were destroyed, according to a new report.
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Trump Approves $2.8 Billion Arms Sale to Israel, Including 40,000 One-Ton Bombs
The New York Times – On the Runway:The package would be among the largest deliveries of U.S. munitions to Israel.
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How Electric Cars Took Hold in Australia
The New York Times – On the Runway:Rising oil prices helped push E.V. sales ahead of gas cars for the first time, even in a country that loves long road trips.
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Independent Budget Office Estimates Iran War Has Cost $38 Billion
The New York Times – On the Runway:The Congressional Budget Office said its analysis had been limited by the fact that the Defense Department did not respond to requests for information on the costs of the conflict.
