In the lead-up to the U.S.-Israeli attack, President Trump downplayed the risks to the energy markets as a short-term concern that should not overshadow the mission to decapitate the Iranian regime.
Category: US and Israeli Attack on Iran (2026)
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How Trump and His Advisers Miscalculated Iran’s Response to War
The New York Times – Business: -
Aluminium, Helium and Sulfur: The Iran War Is Affecting More Than Oil
The New York Times – Business:Prices of some commodities are already rising, while stockpiles of others could dwindle as the war drags on.
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Elevated Energy Prices Add to Fed’s Dilemma on Interest Rates
The New York Times – Business:Investors now expect that the Fed will delay a rate cut until September instead of July, as they had before the war in Iran began.
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What to Know About the Rising Price of Oil and Its Effects on Airline Ticket Prices
The New York Times – Business:The Gulf conflict has led to higher fuel prices, and the cost of operating a plane has sharply increased. For travelers, that likely means higher fares.
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Rising Fuel Costs Pressure Airlines and Truckers
The New York Times – Business:The price of jet fuel and diesel has surged since the war in Iran began, which could force airlines and trucking companies to pass on higher costs to their customers.
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China Stockpiled More Oil Before War Broke Out in Iran
The New York Times – Business:China’s oil imports rose nearly 16 percent in the first two months of 2026, adding to its growing energy stockpile.
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Oil Falls and Stocks Rise After a Day of Drastic Swings
The New York Times – Business: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.”
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Gas Prices Hit $3.54 a Gallon, Up 19% Since Attacks on Iran
The New York Times – Business: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.
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How the Iran War Could Hit Americans’ Wallets
The New York Times – Business: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.
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G7 Countries Hold Off on Releasing Emergency Oil Supplies
The New York Times – Business: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.
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Countries in Asia Try to Contain the Economic Fallout of the Mideast Conflict
The New York Times – Business:Across Asia, where countries are highly exposed to rising oil and gas costs and tightening supply, governments are acting to mitigate economic harm.
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Oil Remains Potent Geopolitical Tool, Decades After Energy Crisis
The New York Times – Business: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.