Higher energy prices caused by the war with Iran could affect more than just prices at the pump for American consumers.
Category: US and Israeli Attack on Iran (2026)
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As Gas Prices Spike, California Is Hit Hardest
A gallon has climbed to nearly $6 in the state, about $2 above the national average.
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What Happened After a U.S. Warship Hit an Iranian Mine in 1988
President Trump has suggested providing escorts for stranded tankers. A mine strike on a U.S. frigate in the Persian Gulf shows the perils of doing so.
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Cheap Drones Remain Wild Card in Iran war
Stopping Iran’s production of drones is critical to opening the Strait of Hormuz and halting its attacks on Gulf nations. But can it be done?
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Oil Prices Tumble 6% as Trump Shows Eagerness to Talk to Iran
Investors reacted to signals of possible de-escalation of the war in the Middle East.
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Iran Says ‘Non-Hostile’ Ships Can Sail Through the Strait of Hormuz
Ships with no ties to Israel or the United States would be allowed to pass, the government said, but it was unclear if any vessels would try.
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War in Iran Is Disrupting Air Travel, Hitting Middle East Hardest
Some airlines and travelers, especially in the Middle East and elsewhere in Asia, are bearing the brunt of the pain, while others are doing better.
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Investors Question Whether Quick Peace in Iran Is Possible
Global markets are under pressure again amid doubts that the fighting in the Middle East can end anytime soon.
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Oil Prices Rise a Day After 10% Plunge
President Trump had set off a drastic market reaction on Monday by backing away from a threat to strike Iranian energy infrastructure.
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For Western Oil Companies, War in Iran Means Bigger Profits, and Risks
American and European oil and gas companies are expected to earn a lot more as prices surge but are worried about the future.