Why Oil Prices Surged Even After the Release of Strategic Reserves
Reserves or no reserves, the outlook remains bleak as long as a major oil and gas trade route remains virtually closed.
Source: New York Times Iran ▾
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Oil Pushes Higher Despite Global Release of Reserves
A worldwide pledge by governments to tap emergency reserves on Wednesday has not stemmed oil’s rise.
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Las acciones de Trump en Irán y Venezuela muestran los límites de las sanciones de EE. UU.
El enorme poder estadounidense. es capaz de debilitar la economía de un adversario, pero no basta para derrocar a sus líderes.
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U.S. to Release 172 Million Barrels of Oil From Strategic Reserves, Energy Dept. Says
The move aims to prevent prices from rising further because of the war in the Middle East.
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Turkish Bank Accused of Laundering Billions for Iran Gets a Reprieve
A judge granted a request for a 90-day pause in the pending criminal case against Halkbank. Now it must pass an independent review to prove that it is no longer evading U. S.
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Trump’s Actions in Iran and Venezuela Show Limits of U.S. Sanctions
America’s vast economic powers are able to wear down an adversary’s economy but are insufficient to topple leaders on their own.
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Japan and Germany Say They Will Release Oil
Officials in Tokyo and Berlin said they planned to release oil from their strategic reserves to address disruptions of oil supplies from the Middle East.
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Iran Shocks Could Spur a Shift to Clean Energy — But Also to Coal
Environmentalists say the war’s effects on oil and gas prices are an argument for countries to get off fossil fuels. But the reality is likely to be messier.
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Rising Fuel Costs Pressure Airlines and Truckers
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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As Iran War Spikes Gas Prices, Americans Struggle With the Rising Cost of Living
Shocked by the rapid price increases, many Americans are scrambling to figure out how to stretch their budgets to cover an essential expense.
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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.
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Investors and Trump Face an Iran Dilemma
A spike in oil prices has roiled stocks and bonds again and threatens to accelerate inflation — adding pressure on the White House.
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Stocks Tank in Asia as Oil Price Surges
Asian markets tumbled on Monday as Middle East tensions and spiking oil prices sparked a mass exit from the region’s previously booming stocks.
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Iran Could Retrieve Uranium at Site U.S. Bombed Last Year, Officials Say
The fate of the highly enriched uranium and the options for securing it have become critical issues for the Trump administration.
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There Are About 20 Canisters Filled With Uranium Somewhere in Iran. We Must Find Them.
The U. S. and Israel have no good options to address an unavoidable problem.
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4 Arrested in London on Suspicion of Spying on Jews for Iran
The police said one Iranian and three British-Iranians were detained as part of a counterterrorism investigation.