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Oil prices surpassed $90 a barrel Friday, with American crude settling at $90.90, up 36% from a week ago.
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Live Updates: Trump vows to hit Iran "very hard," says he has no war timetable: "Whatever it takes" CBS NewsIran war updates: Trump vows hard strikes; Tehran says will not surrender Al Jazeera3 pledges Trump has made on Iran AxiosTrump vows to hit ‘very hard' after Iran's president says he won't surrender
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The Persian Gulf is a major source of fertilizers, making the conflict disruptive to the global production of food.
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Kuwait declares force majeure, cuts crude oil output due to Middle East conflict ReutersKuwait cuts oil production as Strait of Hormuz closure disrupts global energy market CNBCExclusive | Kuwait Cuts Oil Production as Fallout From Iran Conflict Intensifies WSJOil and gas production shutdowns in Iraq and Kuwait widen the Iran war's impact on energy prices Fortune
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Recent U.S. Assessment Found an Attack on Iran Unlikely to Result in Regime Change The New York TimesIntel report warns large-scale war ‘unlikely' to oust Iran's regime The Washington PostShrinking weapon stockpiles and regime-change uncertainty: doubts shadow US-Israel war on Iran The GuardianUS intel assessment before war
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Oil and gas production shutdowns in Iraq and Kuwait widen the Iran war's impact on energy prices FortuneKuwait Cuts Oil Production as Storage Fills Up WSJKuwait Cuts Oil and Refining Output as Hormuz Transits Slow Bloomberg.comKuwait cuts oil production as precaution amid Iran tensions, KPC says Reuters
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Column | How to war-proof your budget before regular gas hits $4 a gallon The Washington PostSee How Fast Gasoline Prices Are Rising WSJ'Enough is enough': PA lawmakers call for price gouging probe as gas prices jump overnight WFMZ.comUS pump prices surge as Iran war upends global energy supply ReutersGas P
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India letting Iran warship dock after US sank another off Sri Lanka, officials say The Times of IsraelIranian warship sunk by the US was sailing home after taking part in an exhibition hosted by India AP NewsWhy the US Torpedo Attack on an Iranian Warship Matters, In Maps Bloomberg.comUS sinking of Iranian navy ship stirs controversy in Australia, India
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Hollywood is bracing for big job cuts at Warner Bros. Discovery when its merger with Paramount closes, even as Paramount has insisted it can make the deal work without many layoffs.
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After opening a "Trump account" to receive any "free" money you're eligible for, personal-finance experts say parents may be better off directing their own dollars toward other account types for kids.
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"She is reading alarmist headlines about Iran in the newspapers."
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For Xi, Trump's Embrace of War Proves China Needs More Power The New York TimesHow Iran and Venezuela strikes transform the Trump-Xi trade talks CNBCBeijing Doesn't Think Like Washington—and the Iran Conflict Shows Why Carnegie Endowment for International PeaceTrump's China summit with Xi Jinping just got a lot more complicated NBC NewsThe US just took out two
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Oil shot to its highest price since 2023 after surging again because of the Iran war, and a weak update on the U.S. job market knocked stocks lower to cap Wall Street's worst week since October.
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With the unexpected setback, the unemployment rate ticked up to 4.4 percent, according to new data from the Bureau of Labor Statistics.
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The consensus view of the impact of the Iran war on equities and bonds may well prove too sanguine
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