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
Sep 05 Oil prices spike as Saudi Arabia, Russia extend 1.3 million barrel a day oil cut through December By Jon Gambrell, Associated Press The dual announcements from Riyadh and Moscow on Tuesday said the two countries would trim 1.3 million barrels of crude out of the global market. Continue reading
Aug 03 Saudi Arabia extends daily oil production cut through September to boost energy prices By Associated Press The Saudi cut of 1 million barrels per day, which began in July, comes as the other OPEC+ producers have agreed to extend earlier production cuts through next year. Continue reading
Jun 04 OPEC+ member countries consider more production cuts as oil prices slump By David McHugh, Associated Press The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in supply to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to U.S. Continue reading
Dec 05 European Union implements Russian oil price cap to limit Kremlin war chest By David McHugh, Associated Press The impact may be blunted because Russia has been able reroute much of its European seaborne shipments to China, India and Turkey, although at steep discounts. Plus, the price cap is near what Russian oil already cost. Continue reading
Dec 05 Ukrainian infrastructure again hit by latest round of Russian missiles By Jamey Keaten, Associated Press Russia has unleashed what Ukrainian authorities called the latest “massive missile attack” across their country, striking homes and buildings, killing civilians, and disrupting electrical power and water supplies in areas. Continue reading
Dec 03 Russia rejects $60-per-barrel cap on its oil, warns Western countries of cutoffs By Jamey Keaten, Associated Press Russian authorities rejected a price cap on the country's oil set by Ukraine’s Western supporters and threatened Saturday to stop supplying the nations that endorsed it. Continue reading