A month since the first U.S.-Israeli attacks and Iran’s response effectively shut off Persian Gulf oil, drivers are paying significantly more to fill up.
Category: US and Israeli Attack on Iran (2026)
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Iran War’s Latest Economic Toll: Oil at $115 a Barrel
Economists and investors are increasingly pricing in a slowdown, or even a global recession, if the fighting drags on.
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This Is What Happens When the Gas Runs Out
With a cutoff in shipments imminent, Asian countries, the biggest importers of liquefied natural gas from the Middle East, are already burning more coal and reducing consumption.
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Oil Jumps to $116 a Barrel on Signs of Escalation of Middle East War
Investors digested increasing signs of escalation of the U.S.-Israeli war in Iran, which has led to a blockage of critical energy supplies.
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Why the Iran War May Force Countries to Rely Less on Natural Gas
The U.S. and other exporters are poised for a windfall, but disruptions to Persian Gulf supplies are also pushing gas-buying countries to consider alternatives like coal, solar and nuclear energy.
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Can This Russian Bakery Survive a 3,500% Tax Increase?
The challenges faced by a small-business owner near Moscow highlight how Russia’s war-drained economy is on the doorstep of a major crisis.
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Trump Offers More Aid to Farmers, a Key Support Bloc Hurt by Tariffs and War
The president announced new loan guarantees at a White House event that appeared intended to reassure a group that has found itself caught in the crosshairs of some of his major policies.
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Elon Musk Joins in Phone Call Between Donald Trump and Narendra Modi
Mr. Musk’s participation was notable because it is rare for a private citizen to be on a call between heads of state. It also suggests that Mr. Musk is back on better terms with the president.
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Iran Moves to Formalize Toll Plan in Strait of Hormuz
Tehran has effectively closed off the critical waterway, turning back container ships on Friday, and Iranian lawmakers are considering whether to formalize charging fees to pass.
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As Stocks Keep Falling, Investors Are Losing Patience With the War in Iran
The S&P 500 is on course for its fifth straight week of losses and its worst weekly losing streak in roughly four years.