Many families felt the sting of the president's now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
Stocks slump globally as Trump says he's in no rush to end the war—and California is running out of jet fuel FortuneEuropean stocks lower as ceasefire optimism fades; SAP surges 6% on profit beat CNBCLondon's FTSE 100 closes lower as investors monitor Iran conflict, earnings ReutersEuropean stock markets fall and oil and gas prices jump as strait of Hormuz ‘chaos' worries investors - as it happened The Guardian
SLB and Halliburton both said this week they expect crude prices to remain higher for longer. That will have immediate implications for a host of products — none as scrutinized as gasoline.
Facing sky-high fuel costs linked to the war in Iran, airlines are cutting routes and raising prices. European vacations are looking a lot less affordable.
