Mar 24 Watch 7:05 Chicago Fed president breaks down economic risks of Iran war By Geoff Bennett, Karina Cuevas Oil prices are hovering near $100 a barrel and it's raising new questions for the Federal Reserve as it tries to navigate between high inflation and a cooling job market. Chair Jerome Powell said last week the central bank is… Continue watching
Mar 23 Small comforts fade and big worries grow as fuel prices surge around the world By Matt Sedensky, Associated Press Even as glimmers of hope for a potential breakthrough in the war in Iran emerged, the conflict persisted for a 24th day on Monday and the vital oil pathway of the Strait of Hormuz remained at a virtual standstill. Continue reading
Mar 13 U.S. eases some sanctions on Russian oil, but crude prices remain high By David McHugh, Associated Press The move, intended to soothe jittery markets over the disruption of Middle Eastern oil and gas supplies, underlines how the war has boosted Moscow's ability to profit from its energy exports, a pillar of the Kremlin’s budget as it presses its invasion of… Continue reading
Mar 11 U.S. to release 172 million barrels of oil from Strategic Petroleum Reserve as prices surge By Associated Press Energy Secretary Chris Wright said Wednesday that the United States will release 172 million barrels from the Strategic Petroleum Reserve as part of the International Energy Agency’s efforts to combat steep oil prices amid the Iran war. Continue reading
Mar 11 Most U.S. stocks fall as oil prices get back to rising By Stan Choe, Associated Press Since the start of the Iran war, sharp moves for oil prices have triggered swings up and down for financial markets worldwide, sometimes by the hour. Continue reading
Mar 09 Oil prices soar to levels not seen in years as war in Iran intensifies By Alex Veiga, Elaine Kurtenbach, Associated Press Supply concerns have driven crude and gasoline higher prices as the war ensnares major oil-producing countries and hinders exports from the Persian Gulf. Continue reading
Mar 03 The U.S. economy is already unsteady. A war in Iran could add to that uncertainty By Christopher Rugaber, Associated Press A longer war that pushed oil past $100 a barrel for an extended period would likely boost inflation, at least temporarily. Continue reading
Mar 02 U.S. stocks rebound from sharp losses, while oil prices leap on worries about Iran war By Stan Choe, Associated Press Oil prices leaped Monday on worries that war with Iran could clog the global flow of crude and make inflation even worse. U.S. stocks, meanwhile, swung from sharp losses to a tiny gain. Continue reading
Jun 22 Oil prices rise, U.S. stock futures slide in response to U.S. strikes on Iranian nuclear sites By Associated Press The price of oil rose and U.S. stock futures fell as global markets react to the U.S. strike against nuclear targets in Iran. Continue reading
Nov 30 Watch 4:01 News Wrap: Trump again under gag order again in civil fraud trial In our news wrap Thursday, former President Trump is under a gag order again in his civil fraud trial in New York, Sen. Tommy Tuberville is signaling he's ready to end his blockade of hundreds of high-level military nominations and… Continue watching