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Despite China being a huge oil importer, US mismanagement will give Beijing the upper hand in upcoming talks
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Asian Stocks to Fall, Oil Climbs with War in Focus: Markets Wrap BloombergTrump can't TACO out of the Iran war's oil price shock CNNTanker Attacks Jolt Oil, US Activates Trade Probes, Asia Faces Energy Crunch BloombergIran War Live Updates: Oil Tops $100 a Barrel as Attacks Spread Across Middle East The New York Times
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The American economy is already feeling the effects of the conflict, and it could get worse.
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Gas Prices Are Up, And So Are Searches For EVs: Edmunds InsideEVsCar Shoppers Are Starting to Pay More Attention to Electrified Vehicles as Gas Prices Rise, Edmunds Data Shows EdmundsWhat soaring gas prices mean for California's EV market Los Angeles TimesAs war spikes gas prices, drivers wonder how long it will last - and if they should go electric WAVY.com
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Trump administration launches new trade investigation AxiosTrump administration launches Section 301 trade probes into Mexico, China, EU, others CNBCUS launches probe into trading partners including the EU, China and India BBCTrump Targets Major Trading Partners With New Investigation - The New York Times The New York TimesWhite House takes first step toward permanent fix for illegal tariffs The Washington Post
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Futures Tumble; Oil Soars On Tanker Attacks Investor's Business DailyDow futures tumble more than 400 points as oil prices continue their ascent amid Iran war: Live updates CNBCStock market today: Dow, S&P 500 slip for second day, oil jumps as Iran war rages on Yahoo FinanceDow futures down more than 500 points as Brent crude again tops $100 a barrel MarketWatch
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Nations agree to release oil reserves as war in Iran hits global economy The Washington PostExclusive | President Trump's Head-Spinning Pivot on an Emergency Oil Release WSJIEA agrees to release record 400 million barrels of oil to address Iran war supply disruption CNBCU.S. to Release 172 Million Barrels of Oil From Strategic Reserves, Energy Dept. Says - The New York Times The New York Times
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US to release 172 million barrels of oil from strategic reserve to combat energy price hike PoliticoIEA agrees to release record 400 million barrels of oil to address Iran war supply disruption CNBCOil continues to rise despite deal to release record amount of reserves BBCNations agree to release oil reserves as war in Iran hits global economy The Washington Post
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Thai Cargo Ship Hit in Strait of Hormuz; Three Crew Missing BloombergSix vessels attacked in Gulf, Strait of Hormuz as war puts merchant ships on front lines Reuters3 crew members 'believed trapped' aboard Thai ship attacked by IRGC in Strait of Hormuz yesterday The Times of IsraelIran targets busiest international airport as top UN body demands halt to attacks on Gulf neighbors AP News
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First Week of Iran War Cost More Than $11 Billion, Pentagon Tells Congress The New York TimesIran live updates: US senators told Iran war cost $11.3B in first 6 days abcnews.comTrump administration estimates Iran war cost at over $11 billion in six days, source says ReutersEarly Iran strikes cost $5.6 billion in munitions, Pentagon estimates The Washington PostTrump's economy was already exploding the national debt before his $1 billion-a-day war in Iran. Analysts war
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400mn barrels of crude made available as governments race to tackle rising prices
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