The strike on a vessel near the coast of Oman prompted a U.N. agency to pause an evacuation of ships from the Persian Gulf.
Category: US and Israeli Attack on Iran (2026)
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Inflation Accelerated in May as Iran War Pushed Up Prices
A closely watched measure of inflation ticked up as the conflict in the Middle East inflated energy prices.
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Lesson Learned From Iran War: Reduce Reliance on Strait of Hormuz
Increased stockpiles, more pipelines and other tactics could loosen the waterway’s stranglehold on the global economy.
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Oil Prices Fall Toward Prewar Levels as Gulf Shipping Resumes
Oil prices fell, moving closer to levels not seen since the war in Iran began in February.
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Asia Tech Shares Swing Wildly as A.I. Jitters Persist
The turbulence in Asia’s chip-dominated stock markets highlighted how heavily global equities have come to depend on enthusiasm for artificial intelligence.
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The Iran War’s Persistent Threat to Farmers in Poor Countries
A reopening of the Strait of Hormuz would do little to swiftly ease the pain inflicted by higher prices for fertilizer, food and fuel in Ivory Coast.
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Markets Recoil in Global Sell-Off Driven by Tech Stocks
Chipmakers led the way down in South Korea, where the main index crashed 10 percent. Stocks in Europe were lower and S&P 500 futures pointed to a sharp fall.
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America’s Thirst for Gasoline May Not Recover After Iran War
People drove less and bought more-efficient cars when fuel prices surged, habits that could stick over the long term.
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U.S. Oil Is Skipping the Chance to Grab Market Share From the Gulf
U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.
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Oil Prices Fall as U.S.-Iran Talks Show Signs of Progress
Oil prices retreated after Iran’s foreign minister said there had been “major progress” toward ending the fighting in Lebanon during the first session of high-level talks.
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Oil Rises Amid Uncertainty Over Strait of Hormuz
Modest reactions in the oil and financial markets as Iran and the U.S. met in Switzerland for a first round of talks aimed at making a temporary cease-fire permanent.