As China and other major suppliers of refined oil in the region restrict exports, import-dependent countries are desperate to secure fuel supplies.
Category: US and Israeli Attack on Iran (2026)
-
In Dubai, the World’s Luxury Brands Face a Wartime Crisis
Executives for high-end brands worry that a prolonged war will hurt sales in a city important to the future of the luxury industry.
-
In Dubai, the World’s Luxury Brands Face a Wartime Crisis
Executives for high-end brands worry that a prolonged war will hurt sales in a city important to the future of the luxury industry.
-
Mortgage Rates Highest in Three Months as War Weighs on Housing Market
Rising energy costs and concerns about inflation have helped lift borrowing costs for a home mortgage for the third consecutive week.
-
Mortgage Rates Highest in Three Months as War Weighs on Housing Market
Rising energy costs and concerns about inflation have helped lift borrowing costs for a home mortgage for the third consecutive week.
-
Iran War Narrows Fed’s Path to a Rate Cut
Jerome H. Powell, the Fed chair, wants to keep the central bank’s policy options open as officials stare down another economic shock that threatens to stoke inflation and crimp growth.
-
Attacks on Energy Infrastructure Could Lead to Much Higher Prices
Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually end.
-
The Best We Should Hope For From the Fed: Nothing
A rate cut in the next few months could signal major problems in the economy.
-
The Best We Should Hope For From the Fed: Nothing
A rate cut in the next few months could signal major problems in the economy.
-
Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge
Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle East.