The price of oil had spiked to nearly $120 a barrel on Monday, drawing remarks by President Trump that he believed the war on Iran was “very complete.”
Category: US and Israeli Attack on Iran (2026)
-
Gas Prices Hit $3.54 a Gallon, Up 19% Since Attacks on Iran
Concern that oil production and shipment from the region will remain limited has lifted the price of crude oil — the largest factor in the cost of a gallon of gas — sharply.
-
How the Iran War Could Hit Americans’ Wallets
Gas prices are rising, with the cost of food likely to follow. If the conflict drags on, the fallout for consumers could worsen, experts warned.
-
G7 Countries Hold Off on Releasing Emergency Oil Supplies
Finance ministers for the seven industrialized countries met on Monday and said they would consider releasing oil from reserves but were not ready to do so now.
-
Countries in Asia Try to Contain the Economic Fallout of the Mideast Conflict
Across Asia, where countries are highly exposed to rising oil and gas costs and tightening supply, governments are acting to mitigate economic harm.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.