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.
Category: US and Israeli Attack on Iran (2026)
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Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge
The New York Times – Business: -
Oil Prices Keep Climbing on Heightened Fears Over Energy Supplies
The New York Times – Business:Attacks on major energy facilities in Iran and Qatar injected new uncertainty into the outlook for oil and gas prices.
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The Iran War’s Economic Threat to Europe and Asia
The New York Times – Business:Inflation and its consequences for growth is a growing concern for countries where memories of the 2022 energy crisis are fresh.
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Federal Reserve holds interest rates steady as Iran war upends the economic outlook.
The New York Times – Business:Most officials at the U.S. central bank still expect at least one quarter-point cut to interest rates this year.
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Trump Renews Demand for Rate Cuts as Fed Grapples With War in Iran
The New York Times – Business:Oil prices are soaring, threatening a wider problem with inflation, but the president has insisted that borrowing costs must be lowered.
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Iran’s South Pars Gas Field Is Attacked, Sending Energy Prices Soaring
The New York Times – Business:The field is part of a vast gas reservoir shared by Iran and Qatar. The strike appeared to be one of the most significant attacks on an energy site since the U.S.-Israeli air war against Iran began.
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Why This Jump in Gas Prices Feels Different
The New York Times – Business:A state-by-state look at the increase and how it could affect you.
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What to Watch at the Federal Reserve’s March Meeting
The New York Times – Business:The U.S. central bank is widely expected to hold interest rates steady as officials assess the economic fallout from the war with Iran.
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As War Chokes Natural Gas Supply, Asia Turns Back to Coal
The New York Times – Business:Across Asia, a sharp drop in liquefied natural gas supplies is pushing major importers back toward coal, undermining L.N.G.’s long-held role as a stable energy anchor.
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Kharg Island Is an Appealing Target for Trump, With High Risks
The New York Times – Business:A U.S. attack or a move to seize control of Iran’s main oil export hub could cripple the country’s ability to profit from its natural resources. But it would also risk sending energy prices even higher.
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Flight Prices Are Up Amid Soaring Fuel Costs, but Travel Demand Remains High
The New York Times – Business:Airline executives said the war in Iran had raised fuel costs and, as a result, fares, but that had not yet hurt demand for tickets from individuals and businesses.
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Iran’s Hormuz Stranglehold Upends Markets and Geopolitics
The New York Times – Business:Energy prices continued to climb around the world as war in the Middle East intensifies. That has scrambled President Trump’s foreign policy strategy.