The White House is considering lifting sanctions on Iranian oil that’s at sea to keep oil prices down, Treasury Secretary Scott Bessent said Thursday.Why it matters: The administration is pulling out all the stops — even easing up an economic threat to its enemy in war — to keep down oil prices.The latest: The price of […]
The U.S. weighs lifting Iranian oil sanctions to keep price in check Read More »
Gasoline prices continue ticking higher as the United States and Israel’s war with Iran continues. As of March 19, the national average stands at $3.88 per gallon, nearly a dollar higher than at the start of the conflict. It’s also just shy of a tipping point that could push consumers toward electric vehicles. When gas
Why $4 gasoline is the tipping point for EVs Read More »
A pumpjack stands at the Inglewood Oil field in Los Angeles, California on March 17, 2026. Patrick T. Fallon | Afp | Getty Images Oil prices extended gains as Middle East remains on the boil with strikes on energy infrastructure in the region fanning fears of a supply crunch. Qatar said Wednesday that Iranian missile
Staff writers Updated March 19, 2026 — 11:54am, first published March 19, 2026 — 5:06am The Australian sharemarket slid in morning trade as oil prices spiked yet again following attacks on some of the Middle East’s most important energy facilities, raising concerns of a more lasting economic fallout from the almost three-week-old Iran war. The
ASX slumps as oil prices jump again; Fed stays on hold amid war uncertainty Read More »
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Oil prices briefly top $110 after attacks on Gulf energy facilities Read More »
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Iran War could force Fed rate hikes, not cuts Read More »
Oil prices climbed on Tuesday after renewed Iranian attacks on the United A rab Emirates raised fresh fears about global supply disruptions. Brent crude rose by 85 cents, or 0.9%, to $101.06 per barrel, while U.S. West Texas Intermediate gained 55 cents to trade at $94.07. The latest increase came as tensions in the Middle
Oil Prices Climb After Fresh Iranian Attacks on UAE Read More »
Chris Price and Joe Wright March 16, 2026 — 6:35pm The Trump administration is considering intervening in oil markets to push down prices despite warnings that it would risk a “biblical disaster”. Doug Burgum, the US interior secretary, said officials had discussed trading in the so-called futures markets after war in Iran put the price
‘Biblical disaster’: Trump plots a radical move to control oil prices Read More »
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