The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.
Category: US and Israeli Attack on Iran (2026)
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Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline
The New York Times – Business: -
Oil Prices Climb as Cease-Fire Uncertainty Deepens
The New York Times – Business:Investors wrestled with uncertainty about the cease-fire between the United States and Iran.
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Bessent Backs Financial Support for Oil-Rich U.A.E.
The New York Times – Business:The Treasury secretary said that currency swap line would benefit both the United Arab Emirates and the United States.
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Lufthansa Cuts 20,000 Flights to Save Fuel Amid Iran War Price Surge
The New York Times – Business:Global jet fuel prices have jumped more than 70 percent since the start of the war, pressuring airlines in Europe, the largest consumers of jet fuel shipped through the Strait of Hormuz.
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Oil Prices Creep Up as Investors Weigh Cease-Fire Extension
The New York Times – Business:Oil prices stablized as investors scrambled to make sense of President Trump’s decision to extend the cease-fire with Iran
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Hoarding Is Driving Energy Prices Higher Everywhere
The New York Times – Business:As wealthy nations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries.
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U.S. Considers Financial Support for Oil-Rich U.A.E.
The New York Times – Business:President Trump acknowledged that the Gulf state has incurred significant damage during the war with Iran.
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Strait of Hormuz May Not Return to Normal, Whether It’s Open or Closed
The New York Times – Business:The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.
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Baggage Fees Are Up. Here’s How to Avoid Them.
The New York Times – Business:Airline passengers are feeling the pain in rising fees, as the war in Iran weighs on the price of jet fuel. Loyalty programs and certain credit cards can help ease the burden.
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Oil Prices Recede and Stocks Gain as Investors Eye Peace Talks
The New York Times – Business:Oil prices pulled back and stocks inched higher as investors looked to the possibility of a second round of peace talks between the United States and Iran.
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The Peace Rally Gets Derailed
The New York Times – Business:Oil prices are climbing and global stocks are falling as investors worry about the prospects for a speedy end to the war in the Middle East.