As China and other major suppliers of refined oil in the region restrict exports, import-dependent countries are desperate to secure fuel supplies.
Category: US and Israeli Attack on Iran (2026)
-
Scramble for Jet Fuel Shows How Energy Shortages Are Rippling Across Asia
The New York Times – Business: -
In Dubai, the World’s Luxury Brands Face a Wartime Crisis
The New York Times – Business:Executives for high-end brands worry that a prolonged war will hurt sales in a city important to the future of the luxury industry.
-
In Dubai, the World’s Luxury Brands Face a Wartime Crisis
The New York Times – Business:Executives for high-end brands worry that a prolonged war will hurt sales in a city important to the future of the luxury industry.
-
Mortgage Rates Highest in Three Months as War Weighs on Housing Market
The New York Times – Business:Rising energy costs and concerns about inflation have helped lift borrowing costs for a home mortgage for the third consecutive week.
-
Mortgage Rates Highest in Three Months as War Weighs on Housing Market
The New York Times – Business:Rising energy costs and concerns about inflation have helped lift borrowing costs for a home mortgage for the third consecutive week.
-
Iran War Narrows Fed’s Path to a Rate Cut
The New York Times – Business:Jerome H. Powell, the Fed chair, wants to keep the central bank’s policy options open as officials stare down another economic shock that threatens to stoke inflation and crimp growth.
-
Attacks on Energy Infrastructure Could Lead to Much Higher Prices
The New York Times – Business:Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually end.
-
The Best We Should Hope For From the Fed: Nothing
The New York Times – Business:A rate cut in the next few months could signal major problems in the economy.
-
The Best We Should Hope For From the Fed: Nothing
The New York Times – Business:A rate cut in the next few months could signal major problems in the economy.
-
Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge
The New York Times – Business:Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle East.