Controllers for shipping companies face a daunting decision as they try to free vessels trapped in the Persian Gulf: “Basically you’re sending someone unarmed into war.”
Category: US and Israeli Attack on Iran (2026)
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The Peril of Piloting Ships Through the Strait of Hormuz
The New York Times – Business: -
Why Everyone, Including Trump, Is Talking About Airline Mergers
The New York Times – Business:A few carriers are making a lot of money while many are struggling. President Trump and industry executives seem to think mergers may be the answer.
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Ignoring the War Has Been Working for Long-Term Investors
The New York Times – Business:The U.S. stock market’s quick rebound this month may be fragile, but riding out the market’s disconcerting waves has been a sound strategy.
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Soldier Used Classified Information to Bet on Maduro’s Ouster, U.S. Says
The New York Times – Business:Federal prosecutors say that Sgt. Gannon Ken Van Dyke, who was involved in the operation to oust Nicolás Maduro from power in Venezuela, used the information to place bets on a prediction market.
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Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline
The New York Times – Business:The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.
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Oil Prices Climb as Cease-Fire Uncertainty Deepens
The New York Times – Business:Investors wrestled with uncertainty about the cease-fire between the United States and Iran.
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Bessent Backs Financial Support for Oil-Rich U.A.E.
The New York Times – Business:The Treasury secretary said that currency swap line would benefit both the United Arab Emirates and the United States.
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Lufthansa Cuts 20,000 Flights to Save Fuel Amid Iran War Price Surge
The New York Times – Business:Global jet fuel prices have jumped more than 70 percent since the start of the war, pressuring airlines in Europe, the largest consumers of jet fuel shipped through the Strait of Hormuz.
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Oil Prices Creep Up as Investors Weigh Cease-Fire Extension
The New York Times – Business:Oil prices stablized as investors scrambled to make sense of President Trump’s decision to extend the cease-fire with Iran
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Hoarding Is Driving Energy Prices Higher Everywhere
The New York Times – Business:As wealthy nations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries.
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U.S. Considers Financial Support for Oil-Rich U.A.E.
The New York Times – Business:President Trump acknowledged that the Gulf state has incurred significant damage during the war with Iran.