The cost of heating oil, which is similar to diesel and used extensively in Northeastern states, has climbed sharply because of the war in Iran.
Category: US and Israeli Attack on Iran (2026)
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Iran War Will Make Winter More Expensive for Some Americans
The New York Times – Business: -
As a New Oil Power, China Gains More Sway Over Energy Markets
The New York Times – Business:The war with Iran revealed just how much influence the world’s biggest oil importer has over prices and other countries’ supplies of jet fuel, gasoline and diesel.
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Global Economy Is Running Out of Wiggle Room
The New York Times – Business:Many countries blunted the most painful effects of the energy shock from the war in Iran. But prices remain elevated and risks are multiplying.
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Global Oil Prices Could Hit Highest Levels in Months After Saudi Pipeline Attacks
The New York Times – Business:Estimates vary on how long it could take before a crucial pipeline is repaired, but a prolonged shutdown could push oil prices to their highest levels in months.
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Houthis Say They Downed a Saudi Fighter Jet and Deny Targeting Mecca
The New York Times – On the Runway:The Iran-backed militia in Yemen made its claim hours after a Saudi-led military coalition accused it of firing a drone near the Muslim holy city.
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House Directs Trump to Halt War With Iran or Secure Congress’s Approval
The New York Times – On the Runway:It was the fifth time that a chamber of the Republican-controlled Congress has voted to rein in President Trump’s war powers as discontent with the conflict grows among voters.
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Pentagon Inspector General Details U.S. Losses and Challenges in Iran War
The New York Times – On the Runway:Helicopters for evacuating casualties were pulled from four countries, and hundreds of military facilities were destroyed, according to a new report.
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Trump Approves $2.8 Billion Arms Sale to Israel, Including 40,000 One-Ton Bombs
The New York Times – On the Runway:The package would be among the largest deliveries of U.S. munitions to Israel.
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How Electric Cars Took Hold in Australia
The New York Times – On the Runway:Rising oil prices helped push E.V. sales ahead of gas cars for the first time, even in a country that loves long road trips.
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Independent Budget Office Estimates Iran War Has Cost $38 Billion
The New York Times – On the Runway:The Congressional Budget Office said its analysis had been limited by the fact that the Defense Department did not respond to requests for information on the costs of the conflict.
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Rising Fuel Prices Set Off Anger and Protests Around the World
The New York Times – On the Runway:From Indonesia to Guatemala to Syria, shortages and price increases are leading to protests and blackouts.
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Key U.S. Bond Rate Near 20-Year High as Oil Prices Keep Climbing
The New York Times – Business:The 10-year Treasury yield breached levels last seen in 2007, with intensifying worries about energy-driven inflation contributing to bond investors’ angst.
