Europe is finding itself on the outs with Russia, China and the U.S., in what’s amounting to its very own “Mean Girls” moment.
Category: US and Israeli Attack on Iran (2026)
-
Fallout of War Piles Economic Pain Onto Europe’s Political Stress
The New York Times – Business: -
European Airports Warn of Jet Fuel Shortages if Strait of Hormuz Remains Shut
The New York Times – Business:An association of airports told European Union officials that fuel shipments through the Strait of Hormuz had to restart within three weeks to avoid a “systemic” shortage.
-
U.S. Inflation Surged in March as Iran War Pushed Up Prices
The New York Times – Business:Soaring energy costs led to the biggest monthly increase in the Consumer Price Index since the peak of the post-pandemic inflation crisis in June 2022.
-
Iran War Drives Deeper Oil Shock Than Prices Reveal
The New York Times – Business:The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices that many people track don’t fully capture the scale of the disruption.
-
A Record Jump in U.S. Gasoline Prices Is Squeezing Consumers
The New York Times – Business:The cost at the pump made its biggest monthly percentage increase in decades amid lingering tensions over the war in Iran.
-
The Iran War Has Prompted Some Companies to Raise Prices
The New York Times – Business:Delta Air Lines, Amazon, the United States Postal Service and others have said they are raising prices because of higher energy costs connected to the war in Iran.
-
Europe Braces for a Spike in Inflation
The New York Times – Business:Investors are betting that the European Central Bank and the Bank of England will raise interest rates this year.
-
Oil Ticks Higher and Stocks Rise Ahead of U.S. Inflation Report
The New York Times – Business:A temporary cease-fire in the war on Iran faces multiple hurdles and investors are watching the release of U.S. government data on inflation.
-
Volkswagen to End E.V. Production at Tennessee Plant
The New York Times – Business:The German carmaker is the latest to scale back plans for electric vehicles in favor of gasoline models.
-
I.M.F. Says Iran War Will Drag Global Growth Lower
The New York Times – Business:Kristalina Georgieva, the head of the International Monetary Fund, said the war in the Middle East could lead to another bout of inflation and higher interest rates.
-
Markets Have Faced a Year of Chaos and Still Done Awfully Well
The New York Times – Business:Most stock investors have lost money during the Iran war, but returns have been splendid for the year since the “Liberation Day” tariff announcement.