For India, the Return of Iranian Oil Cannot Come Soon Enough
After months of shortages and uncertainty, India sees an opportunity to restore a once-crucial energy relationship.
Source: New York Times Iran ▾
Oil Prices Firm Up as U.S.-Iran Deal Faces Tests
Oil remains on track for a second straight weekly decline, but signs of cracks in the agreement to end the war have given traders pause.
How Deal With U.S. Could Reconnect Iran to the Global Economy
The country has long faced some of the world’s heaviest sanctions. The lifting of restrictions could open new vistas on trade and financial access.
Iran Gets Major Economic Lifeline for Minimal Concessions in Initial Deal
The agreement delays the most difficult steps for Iran for later talks, while granting it a crucial economic lifeline.
Why Flight Prices Might Not Fall After the U.S.-Iran Deal
Jet fuel may stay expensive for months, and airlines know travelers are willing to pay more for tickets.
Average U.S. Gasoline Price Falls Below $4 for First Time in Months
Drivers are enjoying some relief at the pump after the United States and Iran signed an agreement to reopen the Strait of Hormuz.
Oil Prices Fall as U.S.-Iran Deal to Reopen Hormuz Takes Effect
Oil prices fell and stocks rose after Pakistan announced that the agreement to reopen the Strait of Hormuz would take effect immediately.
U.S. Will Waive Oil Sanctions That Have Long Crimped Iran
The preliminary U. S. -Iran deal temporarily waives restrictions that have limited the country’s oil sales and how much money it has been able to make from those exports.
Oil Prices Waver as Traders Hope the Strait of Hormuz Will Reopen
Traders are waiting for U. S. and Iranian officials to meet in Switzerland on Friday, when they are expected to sign an initial agreement and being a 60-day cease-fire.
War Hangs Over American Farmers as Fertilizer Prices Rise
The Iran war and lower crop prices have hurt makers of sulfur-based supplements. But farmers won’t skip nitrogen-based fertilizers, no matter the cost.
Oil Prices Continue to Fall as Traders Assess U.S.-Iran Deal
Stocks were mixed after strong rallies the day before.
Gas Prices May Remain High Despite US-Iran Deal
The preliminary agreement may not have an immediate effect on prices at the pump. Damaged infrastructure and risky transport could keep costs up.
Will Commercial Ships Have to Pay to Pass Through the Strait of Hormuz? Maybe.
Charging a toll is illegal under international law, but some fees are allowed for services. It is not clear what services Iran would provide, but there were no fees charged before the war.
Deal to Reopen Hormuz Kicks Off Long Effort to Ease Energy Crisis
The pace of the recovery will depend on how confident companies are that the deal between the United States and Iran will hold and be extended.
Shipping Firms, Awaiting Details, Are Cautious of U.S.-Iran Deal
Shipowners welcomed the agreement to reopen the Strait of Hormuz, but said they would need more security guarantees before resuming transits.
China Moves the Price of Oil, Even When It Buys Less
China is the world’s largest purchaser of oil. But three months after the war with Iran began, it cut its imports, cushioning the global market.
Hormuz Reopening Would Offer Relief for Asia, but Economic Scars Will Remain
For months, Asia has suffered a physical supply crunch that will likely drag on its economies long after the crucial waterway reopens.
Oil Prices Tumble After Trump Announces Deal With Iran
Oil prices fell and stocks gained on Sunday evening on the hope that a deal would allow more energy and other goods to flow through the Strait of Hormuz.
Despite US Help, Little Oil Has Gone Through Strait of Hormuz
President Trump said more than 200 commercial vessels had safely traveled through the strait. That’s still far fewer than before the start of the war.
OPEC Plus to Boost Oil Production as Ceasefire in Iran Remains Elusive
The cartel’s move to increase output by 188,000 barrels per day is largely symbolic, with vast amounts of the world’s oil stranded by the effective shutdown of the Strait of Hormuz.