The group of oil-producing countries supplied more than 25 percent of the world’s oil before the war in Iran. Its members have influenced energy markets through the years.
Category: US and Israeli Attack on Iran (2026)
-
Oil Prices Jump Again as U.S.-Iran Talks Appear Deadlocked
Investors parsed reports that President Trump told advisers that he was not satisfied with Iran’s latest proposal to reopen the Strait of Hormuz.
-
The World Needs Natural Gas Now, but the U.S. Is Exporting All It Can
Even the largest global supplier of liquefied natural gas can’t make up for the shortfall since the war in Iran cut off an important source.
-
Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise
A trade group for the airlines is seeking $2.5 billion to help offset the big jump in jet fuel costs since the start of U.S.-Israeli attacks against Iran.
-
The U.S. Started the War. The Rest of the World Is Feeling the Effects.
In just eight weeks, much of the global economy has been knocked sideways. America has mostly been spared from the tumult.
-
For the Modern C.E.O., It’s All About Being ‘Resilient’
The ability to stay calm and lead through any kind of shock is the new normal for corporate executives.
-
Muted Reaction as Oil and Stock Markets Reopen
Oil prices rose and stocks fell after President Trump called off a trip to Pakistan by two U.S. negotiators for peace talks with Iran.
-
How Jet Fuel Shortages Could Affect Summer Travel to Europe and Beyond
Facing sky-high fuel costs linked to the war in Iran, airlines are cutting routes and raising prices. European vacations are looking a lot less affordable.
-
The Peril of Piloting Ships Through the Strait of Hormuz
Controllers for shipping companies face a daunting decision as they try to free vessels trapped in the Persian Gulf: “Basically you’re sending someone unarmed into war.”
-
Why Everyone, Including Trump, Is Talking About Airline Mergers
A few carriers are making a lot of money while many are struggling. President Trump and industry executives seem to think mergers may be the answer.
-
Ignoring the War Has Been Working for Long-Term Investors
The U.S. stock market’s quick rebound this month may be fragile, but riding out the market’s disconcerting waves has been a sound strategy.