A worsening trade war and a spike in oil prices could create new economic risks as the president prepares to rally Republicans for the midterms.
Category: US and Israeli Attack on Iran (2026)
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Trump’s Midterm Pitch Clouded by Iran War and Canada Tariffs
The New York Times – Business: -
Saudi Arabia Runs Out of Easy Routes for Oil to Bypass Iran War
The New York Times – Business:Saudi Arabia’s oil exports are plummeting as oil prices surpass $100 a barrel.
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Oil Hits $100 a Barrel as Turmoil Intensifies in Middle East
The New York Times – Business:The cost of crude has risen 40 percent since the start of the war in Iran, pushing up the price of gasoline, diesel and other refined fuels.
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The Economic Fallout From a Potential Return to $100 Oil
The New York Times – Business:Brent crude, the international benchmark for oil, is spiking again, reviving fears of inflation.
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Oil Climbs Toward $100 a Barrel Following Houthi Attacks
The New York Times – Business:Analysts said they expected the price of Brent crude, the international benchmark, to remain elevated for the rest of the year.
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Trump’s Trade War Is Shaping the Fight for Congress
The New York Times – On the Runway:In Colorado and across the country, higher costs, tariffs and cheap beef imports are affecting voters who will help determine which party controls the House next year.
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Oil Prices Rise Slightly After U.S. and Iran Trade Strikes
The New York Times – Business:Brent crude, the global benchmark for oil, was up about 1 percent as trading resumed on Sunday, while the national average price of gas was nearly $4.15 a gallon.
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OPEC Plus to Keep Oil Production Steady
The New York Times – Business:The decision on Sunday by the cartel of oil-producing nations and some of its allies came after the resumption of U.S. and Iranian military strikes in the Persian Gulf.
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Iran’s Attacks Keep the Strait of Hormuz in a Lethal Stalemate
The New York Times – Business:The U.S. military is helping oil get out of the Persian Gulf on tankers, but Iran is still attacking the ships and scaring operators away.
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U.S. Diesel Prices Set New High
The New York Times – Business:Because of the war in Iran, the cost has climbed past the record it reached in 2022 after Russia’s full-scale invasion of Ukraine.