Economy Jul 31 Major oil companies reap massive profits as U.S. and Iran fighting drives energy prices higher American oil and gas giants raked in massive spring profits while fighting between Iran and the U.S. impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages.
Nation Jul 24 Gas, groceries and back-to-school items are where shoppers might see higher oil prices surface Already feeling pinched since the start of the Iran war, consumers are likely to feel more pain ahead as oil prices pushed past $100 a barrel Thursday amid renewed fighting and military strikes that have left global oil supplies stranded…
World Jun 15 Even with a deal to reopen the Strait of Hormuz, it could take weeks or months for oil to fully flow The tentative agreement to end the war in Iran and reopen the Strait of Hormuz would be good news for the global economy. But oil won't simply start flowing through the key shipping artery the way it did before the…
Economy May 05 U.S. gasoline prices rise 50% since the start of the Iran war The main reason drivers are paying more at the pump is because of the global energy crisis caused by the Iran War. The price of crude oil, which is the main ingredient in gasoline, has been climbing for most of…
Economy Apr 16 What lagging jet fuel supplies could mean for airlines and travelers A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel within weeks if oil doesn't start flowing again soon — meaning higher airfares and flight cancellations as the…
Economy Apr 01 Stopgap measures aren't enough to halt rising gas prices in the face of the Iran war Hoping to ease some pain for consumers, President Donald Trump and other heads of state have been pulling on various levers, launching more oil on the market in a bid to calm the chaos.
Economy Mar 11 The Iran war and surging oil prices are affecting consumers. Here's how You don't have to drive a car to be affected.
World Mar 07 Oil and gas prices rise rapidly as Iran war escalates The price of oil surged higher and showed no signs of halting its rapid climb a week after the U.S. and Israel launched major attacks on Iran that escalated into a war in the Middle East.
Politics Jan 08 Why Venezuela's oil matters to the U.S. The country sits on a vast supply of oil but only produces a small fraction of it because of damaged infrastructure.
Economy Aug 04 Thousands of Boeing workers who build fighter jets just went on strike Saying “enough is enough," workers at three Boeing manufacturing plants went on strike overnight.