Category: US and Israeli Attack on Iran (2026)

Oil Prices Barely Budge After Trump Lifts Russia Sanctions

The New York Times – Business:
After surging about 10 percent on Thursday, oil prices had little reaction to the decision by President Trump to waive sanctions on the sale of some Russian crude.
War in Iran Has India Scrambling to Keep Stoves Lit for Cooking

The New York Times – Business:
India relies on huge quantities of cooking gas that is normally shipped from the Persian Gulf.
Fallout From Iran War and Oil Shock Deliver Another Blow to World Economy

The New York Times – Business:
Countries already walloped by a breakdown of the international trading order, war in Ukraine and chaotic U.S. policymaking are facing potentially lasting economic damage.
U.S. Mortgage Rates Rise, Undercutting Housing Affordability Push

The New York Times – Business:
Mortgage rates fell below the critical 6 percent threshold just a couple weeks ago. But they’re climbing again as new inflation concerns have roiled financial markets.
War With Iran Puts Further Strain on America’s Pessimistic Farmers

The New York Times – Business:
Nearly 75 percent of farmers surveyed before the war said the crop sector was in a recession. They face bigger hurdles this planting season.
Iran War Causing Largest Ever Oil Disruption, I.E.A. Says

The New York Times – Business:
Conflict is forcing producers to slash production and close ports as Iran steps up attacks on energy infrastructure.
Why Oil Prices Surged Even After the Release of Strategic Reserves

The New York Times – Business:
Reserves or no reserves, the outlook remains bleak as long as a major oil and gas trade route remains virtually closed.
Pentagon Bars Photographers From Briefings on Iran War

The New York Times – Business:
The decision is the latest move by the Pentagon to restrict access inside the department for journalists.
Countries Scramble to Shore Up Global Oil Supplies as Ships Are Attacked

The New York Times – Business:
The United States and Israel launched more strikes against Iran, where crowds mourned military commanders killed in the war. Israel also bombed targets in Lebanon, where the death toll climbed.
How the Iran War Could Hit Americans’ Wallets

The New York Times – Business:
Gas prices are rising, with the cost of food likely to follow. If the conflict drags on, the fallout for consumers could worsen, experts warned.
Trump’s Actions in Iran and Venezuela Show Limits of U.S. Sanctions

The New York Times – Business:
America’s vast economic powers are able to wear down an adversary’s economy but are insufficient to topple leaders on their own.
At Least 3 Ships Are Struck In and Around the Strait of Hormuz

The New York Times – Business:
Three vessels were hit on Wednesday, according to a British maritime agency. The Strait of Hormuz is all but closed as war in the Middle East expands.