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Middle East conflict live updates: Oil prices drop more than 5% after Trump sends peace plan to Iran

Middle East conflict live updates: Oil prices drop more than 5% after Trump sends peace plan to Iran

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Live Home / World NZ Herald 25 Mar, 2026 02:49 AM Quick Read Bernard Hickey joins The Front Page to break down the Government’s announcement of relief amid the ongoing fuel crisis. Sign up to The Daily H , a free newsletter curated by our editors and delivered straight to your inbox every weekday. https://www.nzherald.co.nz/world/middle-east-conflict-live-updates-trump-declares-he-will-run-strait-of-hormuz-with-iran/F3F6KSNUKBH6VBFVGPMEO5XYJY/

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Set up bipartisan committee to address skyrocketing oil prices, Samsuri urges govt

Set up bipartisan committee to address skyrocketing oil prices, Samsuri urges govt

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News Set up bipartisan committee to address skyrocketing oil prices, Samsuri urges govt Published:   Mar 22, 2026 11:55 AM ⋅ Amid rising crude oil prices following the conflict in West Asia, Perikatan Nasional chairperson Ahmad Samsuri Mokhtar urged the government to establish a forum akin to the national consultation and intervention council with representation

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Escalating Iran War, Rising Oil Prices, Fed Uncertainty Push Mortgage Rates to 6-Month High

Escalating Iran War, Rising Oil Prices, Fed Uncertainty Push Mortgage Rates to 6-Month High

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The daily average mortgage rate rose to a six-month high of 6.53% on March 20.  Mortgage rates are jumping because the Iran war is escalating, increasing the likelihood that oil prices will stay higher longer, and because of the Fed’s reaction to it.  News broke on March 20 that the U.S. is sending thousands more

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U.S. Bets on Natural Gas to Power 10 GW AI Buildout in Ohio

U.S. Bets on Natural Gas to Power 10 GW AI Buildout in Ohio

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By Julianne Geiger – Mar 20, 2026, 11:30 AM CDT Amid the Iranian war and oil price crisis, the Department of Energy, alongside the Department of Commerce, has unveiled a public-private partnership with SoftBank and AEP Ohio that centers on one thing the AI boom desperately needs but rarely talks about plainly—power. Not theoretical power.

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