Category: US and Israeli Attack on Iran (2026)

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.
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.
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.
U.S. Vows to Block Iran’s Attempt to Shut Down Strait of Hormuz

The New York Times – Business:
Defense Secretary Pete Hegseth said that the disruptions in the Strait of Hormuz were “something we are dealing with.” And about 2,500 Marines were headed to the Middle East to bolster the war effort.
How This Oil Supply Shock Compares to the Embargo of 1973

The New York Times – Business:
Governments have stockpiled oil, and cars are more efficient but the supply shock is global, and there’s no sense of when it’ll end.
The War in Iran Is Roiling the World, but Not the U.S. Stock Market

The New York Times – Business:
Investors say they are balancing the risks from oil disruptions against the many positives like strong corporate earnings and the likelihood that President Trump will end the war if it threatens markets.
U.S. Tech Giants Flocked to the Persian Gulf. Now They Are Targets.

The New York Times – Business:
Amazon, Google and others struck deals in the Persian Gulf to foot the bill for A.I. development. Iran has now threatened attacks against the companies’ infrastructure in the region.
Kevin Warsh’s Dilemma as Fed Chair Nominee Amid Iran War

The New York Times – Business:
President Trump’s pick to lead the Federal Reserve could faces a tough road to confirmation if he seeks quick interest rate cuts. The war in Iran doesn’t help.
Honda Scraps Plans for E.V.s While Start-Ups Forge Ahead

The New York Times – Business:
The Japanese company’s retreat echoes moves by other traditional carmakers as the industry divides between electric vehicle haves and have-nots.
How the Iran War Threatens the Global Food, Energy and Other Supplies

The New York Times – Business:
Beyond its effects on oil and gas, the unfolding war in the Middle East is roiling shipping and airfreight, threatening the availability of a vast range of goods.
What to Know About the U.S. Lasers Being Used to Counter Iranian Attacks

The New York Times – Business:
High-energy lasers can burn drones in the sky like a blowtorch. But they can be stymied by weather, and making them at scale will be a challenge.
Surging Energy Costs Put German Industry ‘Really in Danger’

The New York Times – Business:
Four years after the Russian invasion of Ukraine sent energy prices soaring, the war in Iran is posing another challenge to efforts to revive European factories.