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Interruptions in oil supplies in the Middle East, source of much of the world's energy, are trickling down to what American drivers pay when they fill up.
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Deflationary pressures ease as AI-related spending rises and Beijing clamps down on overcapacity
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Iran war: Oil prices jump above $100 for first time in four years BBCOil surges above $110 a barrel; Trump says 'small price to pay' for defeating Iran CNBCDemocrats Seize on Oil Price Surge, as Trump Downplays It The New York TimesOil Tops $100 as War Rages, US Stock Futures Drop: Markets Wrap Bloomberg.com
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Iran war spreading economic damage far beyond oil and gas markets The Washington PostEnergy prices will fall when U.S. destroys Iran's ability to attack tankers in Strait of Hormuz: Wright CNBCUS energy chief says spike in gas prices will fall ‘before too long' amid Iran war The GuardianOil prices are soaring, but Trump is downplaying the need to tap the Strategic Petroleum Reserve AP News
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