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 »
Oil prices rose on Thursday, March 19, 2016, with benchmark Brent rising to its highest in more than a week to more than $115 a barrel. This comes after Iran attacked energy facilities across the Middle East following Israel’s strike on its South Pars gas field. Brent futures were up $6.08, or 5.7%, at $113.46
Oil price rises above $115/bbl after Iran’s attacks on Middle East energy facilities Read More »
By Tsvetana Paraskova – Mar 19, 2026, 5:44 AM CDT Oil prices could soar to $150 per barrel or more if the Middle East war continues until the end of March, Kpler says, as the conflict escalates with Iran intensifying attacks on energy infrastructure in the region. “With this huge outage of supply it is
Oil Prices Could Hit $150 If War Continues Through End of March Read More »
(RTTNews) – German stocks tumbled on heavy selling Thursday morning, hurt by a sharp jump in oil prices after Iran’s attacks on energy facilities in the Middle East, including the South Pars gas field. The rise in bond yields following Federal Reserve Chair Jerome Powell’s hawkish tone on inflation, and data showing an acceleration in
DAX Tumbles As Oil Prices Soar Amid War Worries, Fed’s Hawkish Tone 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 »
MANILA, Philippines — The Department of Transportation (DOTr) will implement a 50 percent fare discount for all passengers of the MRT-3 and LRT-2 beginning March 23.The fare reduction comes amid rising global oil prices linked to the conflict in the Middle East, which have driven up transportation costs and strained household budgets.Transportation Secretary Giovanni Lopez
DOTr to roll out 50% fare discount on MRT-3, LRT-2 starting March 23 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 »
The US Federal Reserve held interest rates steady for the second time this year, a widely expected move amid turmoil in the Middle East and rising energy prices. Fed officials faced a confluence of issues to consider in their meeting this week: soaring oil and gas prices, fluctuating inflation that still remains above the Fed’s
Fed holds interest rates steady as Iran war drives up oil prices and inflation fears Read More »
