Shipping routes crucial to global commerce remained disrupted as the conflict in the Middle East continued.
Category: US and Israeli Attack on Iran (2026)
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After Pulling Back, Oil Prices Resume Their Rise
The New York Times – Business: -
With Threats and Claims of ‘Treason,’ Trump Pressures Media on the War
The New York Times – Business:A president who calls journalists the “enemy of the people” has accused news organizations of undermining a military effort that many Americans oppose.
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With Iran War, Trump Risks Stepping on Gains From His Own Tax Cuts
The New York Times – Business:President Trump’s war in Iran has raised some costs just as many Americans are starting to see savings from last year’s tax cuts.
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Why Trump’s Strait of Hormuz Problem Is Going Global
The New York Times – Business:President Trump is getting little to no support so far for his call that other countries do their part to try to ease an energy crisis prompted by U.S.-Israeli attacks on Iran.
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Iran War Risks Sharpening Fed Divisions Over Rate Cuts
The New York Times – Business:The Federal Reserve is set to hold interest rates steady this week as officials grapple with a host of new economic risks stemming from the conflict in the Middle East.
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Oil Tops $106 a Barrel as Worries Persist About Global Supplies
The New York Times – Business:As the broader war in the Middle East begins its third week, worries over the fallout of crippled energy supplies continue to roil markets.
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The War Is Making It Harder to Keep the Lights On, 2,000 Miles Away
The New York Times – Business:Bangladesh is taking steps to conserve electricity, which its factories need to keep stitching together the world’s clothing.
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War in Iran Has Grounded Gulf Airlines Like Emirates
The New York Times – Business:Emirates, Qatar Airways and Etihad Airways have become some of the world’s largest and most profitable thanks to their location at the center of busy travel routes.
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Why Little Was Done to Head Off Oil’s Strait of Hormuz Problem
The New York Times – Business:Geography and regional rivalries have prevented Gulf countries from finding a true alternative to the strait, which the war with Iran has effectively shut down.
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America Depends Less on Oil Than Ever
The New York Times – Business:Gasoline still drives household budgets, but energy efficiency and renewables have reduced the economy’s overall reliance on petroleum.
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Surge in Oil Prices Shakes Pakistan’s Already Fragile Economy
The New York Times – Business:Families preparing for Eid al-Fitr and farmers ready for harvest are being squeezed in a country that gets nearly all its oil through the Persian Gulf.
