South Korea’s Sinokor controls about half the tanker transits through the Strait of Hormuz, benefiting from a big bet just before the war in Iran started.
Category: US and Israeli Attack on Iran (2026)
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How a Little-Known Company Dominated the Persian Gulf Oil Trade
The New York Times – Business: -
U.S. Oil Industry Earned Over $130 Billion in Profit During Iran War
The New York Times – Business:That was almost three times as much as what businesses producing and refining oil in the United States made in the same period in 2025.
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Why the Markets Don’t Care About the Midterms
The New York Times – Business:Factors like inflation, interest rates, A.I. and the war with Iran are far more important, our columnist says.
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An ‘Endless’ Cruise Around the World Is Suspended, Leaving Passengers Stranded
The New York Times – Travel:The cruise promised a lifetime of sailing, for less than what it cost to live on land. But it was underfunded and couldn’t absorb the rising cost of fuel.
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The Fed Is Expected to Hold Rates Steady. Warsh Will Have to Explain Why.
The New York Times – Business:Inflation is moving in the wrong direction and the labor market remains stable, a combination that bolsters the case for higher interest rates.
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Attention, Passengers: High Airfares May Be Here to Stay
The New York Times – Business:Ticket prices jumped after fuel costs spiked because of the war with Iran, but airlines say even an end to the conflict will not bring fares back down quickly.
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Global Oil Price Hits $117 a Barrel, Highest Since April
The New York Times – Business:Investors have grown increasingly concerned that the war in Iran could escalate again, putting energy supplies at greater risk.
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Stocks Fall and Oil Rises as Investors Retreat from Mounting Risks
The New York Times – Business:Earnings reports from big technology companies spooked investors and the price of oil jumped to its highest level in months.
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Data Centers Become Targets in Wars in Ukraine, Russia and the Middle East
The New York Times – Business:Military forces have sought to damage the computing hubs that power online services and artificial intelligence systems.
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Tech Stocks Plunge as Doubts Over A.I. Spending Intensify
The New York Times – Business:Tech stocks plunged, led by a steep drop in South Korea’s benchmark index, as concerns over soaring A.I. spending and stubborn inflation fueled a sell-off.
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Attacks on Tankers in Mideast Surge, but Oil Exports Remain Steady
The New York Times – Business:Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.