Author name: David Ryabchikov

Iran Raising Gasoline Prices For Heavy Users As Sanctions, Blockade Bite

Iran Raising Gasoline Prices For Heavy Users As Sanctions, Blockade Bite

Iran said it is raising fuel prices for the heaviest users. Similar moves led to protests in 2019. (file photo) September 06, 2026 09:26 CET Updated September 06, 2026 22:21 CET As the conflict in the Persian Gulf continues to impact and shape the region, journalists from RFE/RL’s Central Newsroom and Iranian service, Radio Farda,

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US launches new airstrikes on Iranian targets as hostilities flare

US launches new airstrikes on Iranian targets as hostilities flare

The US launched new airstrikes on Iranian targets on Tuesday, quashing hopes that an exchange of fire last ⁠weekend might not presage a ⁠wider renewal of hostilities. Oil prices had ​already risen after that first exchange of direct attacks since July and after reports of two tankers being hit leaving the strait of Hormuz, the

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Why More Venezuelan Oil Won’t Solve America’s Gasoline Problem

Why More Venezuelan Oil Won’t Solve America’s Gasoline Problem

By Charles Kennedy – Aug 31, 2026, 6:00 PM CDT Trump’s Venezuela deal could eventually put downward pressure on oil and gasoline prices, but raising production substantially beyond the current 1.25 million bpd will require years of investment. More Venezuelan heavy crude is particularly valuable for U.S. Gulf Coast refiners, but with U.S. refineries already

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Stock futures fall after U.S. strikes Iran; Wall Street heads for winning month: Live updates

Stock futures fall after U.S. strikes Iran; Wall Street heads for winning month: Live updates

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Oil prices slide as markets await Trump’s ‘most crushing’ Iran sanctions plan

Oil prices slide as markets await Trump’s ‘most crushing’ Iran sanctions plan

Oil prices fell on Monday as investors braced for details of a US plan to isolate the Iranian economy that President Donald Trump billed as the “most crushing” financial operation ever against Tehran. The United States warned allies and China on Thursday to join Trump’s new campaign, which comes as the unpopular war in the

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Oil prices fall as investors await ‘toughest’ U.S. sanctions on Iran

Oil prices fall as investors await ‘toughest’ U.S. sanctions on Iran

Drone view of oil tanker HELGA berthed at one of Iraq’s southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026. Mohammed Aty | Reuters Oil prices fell Monday as investors awaited details of what

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