Across Asia, where countries are highly exposed to rising oil and gas costs and tightening supply, governments are acting to mitigate economic harm.
Category: US and Israeli Attack on Iran (2026)
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Oil Remains Potent Geopolitical Tool, Decades After Energy Crisis
The war in the Middle East has sent prices soaring, showing how much the world continues to depend on reliable supplies of oil and gas.
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Oil Prices Spike Over $110 a Barrel, Highest Since Pandemic
The jump was a sign of growing concern that the war in the Middle East will take a toll on energy supplies.
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For China, Billions of Dollars Are at Risk From a Widening War
The country found a home in the Middle East for its investments and growing markets for steel, electric vehicles and solar panels. Those are now at stake.
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Oil Prices Surge Above $100 a Barrel for the First Time in Almost Four Years
The jump was a sign of growing concern that the war in the Middle East will take a toll on energy supplies. Stock futures fell about 1.5 percent.
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Energy Secretary Says Tankers Could Start Moving Soon
“We’re not too long, I think, before you will see more regular resumption of ship traffic through the Strait of Hormuz,” Chris Wright said on CNN on Sunday.
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How Anonymous Bettors Cashed In on the Iran Strike, Just Hours Before It Happened
Polymarket users placed hundreds of bets of at least $1,000 predicting an imminent American strike, raising concerns about insider trading.
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War-Induced Inflation Spike Looms Over Europe’s Economic Recovery
For months, the region has been encouraged by low inflation and better-than-expected economic growth. A disruption to energy supplies from the Middle East could knock it off course.
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Oil and Natural Gas Prices Extend Rally as Iran Attacks Escalates
Energy prices continued to rise on Tuesday as attacks by the United States and Israel on Iran intensified, along with the country’s response.
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Global Economy Is Facing the Prospect of Another Profound Shock
A protracted conflict in the Middle East risks a spike in energy prices and broader inflation.
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Travelers Stuck in Dubai Face ‘Chaos and Confusion’ Amid Flight Cancellations
The Emirates’ reputation as a safe destination in a volatile area was put to a brutal test in recent days as Iran, retaliating against U.S.-Israeli attacks, targeted the region with missiles and drones.
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Beyond a Trade War, China, Japan and Others in Asia Face a New Energy Threat
China and its neighbors scrambled to soften the blow of a disorderly trade war. Conflict in the Middle East now threatens to disrupt the oil imports that power their economies.