In China, where half of new cars are electric vehicles or hybrids, a vast population still depends on gas. The government stepped in on Monday to “mitigate” the pain of surging costs.
Category: US and Israeli Attack on Iran (2026)
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Markets Rally as Trump’s Iran Deadline Is Deferred
Stock futures rose and oil prices fell after President Trump cited “very good and productive” talks with Iran over ending the war.
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Energy Attacks in War on Iran Could Turn Economic Shock Into Long-Term Damage
A new phase targeting oil and gas infrastructure in the Persian Gulf threatens to hurt businesses and customers around the world for months or even years.
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Stocks Tumble as Oil Prices Rise
Investors braced for a fourth week of market turmoil caused by the war in the Middle East
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As War Disrupts the Gulf, India’s Growth Story Faces New Risks
Generations of Indian workers and businesses have turned the Arab side of the Gulf into a vital appendage of their own country.
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What to Know About Electric Cars When Gas Prices Are Surging
War in Iran has disrupted global oil supplies, which is prompting some car shoppers to look for ways to climb off “the gas-price roller coaster.”
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War in Iran Reveals Strait of Hormuz’s Weakness as an Oil Bottleneck
But at just 35 miles wide, it did. It’s just the latest evidence of how dependent the global economy is on a handful of choke points.
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The U.S. Economy Is Insulated From High Oil Prices. Americans Aren’t.
The overall economy has proved resilient in recent years, even as many households have struggled. The war with Iran is following the same pattern.
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Oil Falls and Stocks in Asia Hold Steady
Oil prices had been gyrating this week, after a new round of attacks on major energy facilities in Iran and Qatar raised concerns about energy supplies.
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How the Iran War Narrowed Flight Corridors Between Europe and Asia
One of the few paths left between the two continents threads through Azerbaijan, Georgia and Turkey, as global conflicts complicate aviation logistics.