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Oil slides below $90 after surging to nearly $120 early in Monday's trading session
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Oil climbed to nearly $120 per barrel before falling back after Trump sent mixed signals and the G-7 mulled releasing emergency oil supplies.
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The escalating conflict in Iran is driving up oil costs, and in turn gas costs.
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Anthropic Sues Pentagon Over ‘Supply Chain Risk' Label The New York TimesAnthropic sues Pentagon over national security risk label The Washington PostHow AI Is Turbocharging the War in Iran WSJAnthropic sues Trump administration to undo US ‘supply chain risk' tag Al Jazeera
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World shares tumbled on Monday, with Japan's benchmark Nikkei 225 index plunging more than 5%, after oil prices spiked at nearly $120 a barrel.
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Senate Dems threaten wave of war votes to force Iran hearing PoliticoDemocrats file new war powers resolutions and call for public hearings on Iran strikes The GuardianIn Kentucky, Trump Allies Clash With Massie Over Iran War The New York TimesHeadlines for March 06, 2026 Democracy Now!
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France Is Sending a Large Naval Force to the Middle East The New York TimesFrance to deploy almost dozen warships, mulls Hormuz mission, Macron says ReutersEurope rallies around Cyprus after Iranian drone hits island PBSFrench Navy Pledges 10 Additional Warships to Middle East, Escorts for Strait of Hormuz USNI News
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Live Updates: As U.S.-Israeli war with Iran intensifies, Trump says it is "very far ahead of schedule" CBS NewsTrump says Iran 'war is very complete,' talks to Putin: Reports CNBCAfter Global Economy Shudders, Trump Zigzags on Whether War Will End Soon The New York TimesIran war updates: Trump says war is 'very complete' as gas prices soar USA Today
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Oil Prices Are Barreling Toward All-Time Highs WSJOil Prices Spike to Over $110 a Barrel, Highest Since Pandemic The New York TimesHow the Iran war and surging oil prices are affecting consumers at the gas pump and beyond AP NewsTracking gas and oil prices as war with Iran escalates CNNOil Is Already Near a Price That Hurts the Economy WSJ
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Markets suggest the ramifications are likely to drag on and spread
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Gas prices are rising, with the cost of food likely to follow. If the conflict drags on, the fallout for consumers could worsen, experts warned.
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Fears that AI advances will upend the software industry have driven demand for new ways to place wagers
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‘We've got to pay attention': GOP anxiety spikes over rising energy prices PoliticoDemocrats Seize on Oil Price Surge, as Trump Downplays It The New York TimesGOP Whip Tom Emmer predicts oil prices will drop after Iran war CNBC'This isn't America First': Rep. Thomas Massie blames Trump as gas prices soar amid US-Iran conflict whas11.com
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Live updates: Trump calls choice of Iran's leader a ‘big mistake' as war roils global economy CNNAs Iran war deepens, Khamenei's son named new supreme leader PBSTrump says he's "not happy" about Iran's new supreme leader, Mojtaba Khamenei CBS NewsLive updates: T
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Gold Slumps as Oil Surge Stokes Fears of Higher Interest Rates Bloomberg.comIran war updates: Trump says conflict may be ‘short-term' as oil fears rise Al JazeeraOil Prices and Stocks Swing Wildly as Iran and Israel Launch New Strikes - The New York Times The New York Times
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California gas prices rise above $5 a gallon amid US war with Iran The GuardianU.S. Gasoline Prices, Rising Again, Hit $3.48 a Gallon The New York TimesSeattle-area gas prices hit $4.75 and higher AxiosAAA Fuel Prices AAA Fuel PricesDrivers can expect another gas price surge this week Star Tribune
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Take part in a live Q&A with economics leader writer Tej Parikh and European economics commentator Martin Sandbu on Wednesday March 11 at 1pm GMT
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Foreign minister Wang Yi says Beijing ‘positive and open' on this month's summit between the US and Chinese presidents
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