The German carmaker is the latest to scale back plans for electric vehicles in favor of gasoline models.
Category: US and Israeli Attack on Iran (2026)
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Volkswagen to End E.V. Production at Tennessee Plant
The New York Times – Business: -
I.M.F. Says Iran War Will Drag Global Growth Lower
The New York Times – Business:Kristalina Georgieva, the head of the International Monetary Fund, said the war in the Middle East could lead to another bout of inflation and higher interest rates.
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Markets Have Faced a Year of Chaos and Still Done Awfully Well
The New York Times – Business:Most stock investors have lost money during the Iran war, but returns have been splendid for the year since the “Liberation Day” tariff announcement.
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Oil Prices Edge Higher as Confidence in Cease-Fire Wavers
The New York Times – Business:Investors were in a more sober mood after sharp moves on the previous day.
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Oil Prices Fall, but Energy Firms Remain Frozen After U.S.-Iran Deal
The New York Times – Business:Analysts said oil and natural gas energy companies would not quickly restore production unless attacks stopped and ships started moving through the Strait of Hormuz.
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Why Gas Prices Won’t Fall as Quickly as Oil Prices
The New York Times – Business:The energy industry refers to the behavior of gasoline prices as “up like a rocket, down like a feather.”
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After Iran Cease-Fire, Ship Traffic in Strait of Hormuz Remains Throttled
The New York Times – Business:A handful of vessels have crossed the crucial waterway since the U.S.-Iran truce began, but shipowners, insurers and others are wary of safe passage.
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Why It Could Take Months for Gas Prices to Fall, Even If the Strait of Hormuz Reopens
The New York Times – Business:Some wells can be turned on in days or weeks, but bringing the Gulf’s energy system back to something akin to normal will take months.
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Delta Expects Strong Profit Despite Higher Fuel Costs
The New York Times – Business:The airline said demand for tickets remained very strong despite the effects of the war in Iran.
