Apr 13 Watch 5:15 U.S. begins Strait of Hormuz naval blockade after Iran peace talks fail By Liz Landers, Zeba Warsi The U.S. began a blockade of Iranian ports on Monday, less than two days after a first effort at peace talks between the Americans and Iran failed in Pakistan. White House correspondent Liz Landers reports. Continue watching
Apr 13 Watch 8:58 Mideast experts discuss how the U.S. blockade could pressure the Iranian regime By Amna Nawaz, Dan Sagalyn For perspective on the situation with Iran, Amna Nawaz spoke with Alan Eyre and Miad Maleki. Eyre was part of the Obama administration's negotiating team for the Iran nuclear deal and is now at the Middle East Institute. Maleki was… Continue watching
Apr 13 Surging oil prices spark protest in Haiti as workers demand salary increases By Evens Sanon, Associated Press More than 1,000 workers have organized a protest in Haiti’s capital to demand a higher minimum wage as the conflict in Iran deepens and drives up oil prices. Continue reading
Apr 13 Oil prices give back much of their morning jump as U.S. stocks climb on a still hopeful Wall Street By Stan Choe, Associated Press Hope remains on Wall Street that both sides can still avoid a worst-case scenario for the global economy in the US-Iran war, and U.S. stocks climbed. Continue reading
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