Russian Oil Revenues Nearly Doubled in March
The surge in revenue provided a critical lifeline for Moscow, which has struggled to fund the war in Ukraine amid record-high deficits.
Source: New York Times Iran ▾
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State of U.S. Blockade Is Unclear as Some Ships Transit Strait of Hormuz
Ship-tracking data showed that several vessels, including some that had been docked at Iranian ports, had moved through the strait as the U. S. military began its blockade.
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Trump’s Latest Oil Blockade Brings Bigger Economic Risks
Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.
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Europe Is Desperate for More Energy. Can Norway Come to the Rescue?
The war in Iran has once again exposed Europe’s energy vulnerability. A friendly source at home would seem to be ideal. But it’s not that easy.
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U.S. Begins a Blockade of the Strait of Hormuz
European countries declined to take part in the action, which is designed to pressure Iran into making concessions by cutting off its oil income.
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Two Iran-linked Ships Passed Through Strait of Hormuz Ahead of U.S. Blockade
The vessels exited the Strait of Hormuz on Monday, hours before a U. S. naval blockade took effect.
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Shipping Companies Remain Reluctant to Sail Through Strait of Hormuz
The United States said it would begin blocking vessels doing business with Iran. Details on how that would work are unclear.
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Trump Administration’s Temporary Reprieve on Russian Oil Expires
A sanctions waiver aimed at keeping global oil prices down had allowed Moscow to sell oil currently at sea.
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Investors Brace for a New Hormuz Blockade Threat
President Trump’s plan to bar ships from entering or leaving Iranian ports has put markets on edge and added to global economic uncertainty.
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Trump Said Other Countries Would Help Blockade Iran. So Far, There Are No Takers.
President Trump’s announcement of a complete U. S. blockade was his latest effort to pressure Iran to negotiate after direct talks over the weekend did not yield an agreement.
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How Iran, Suffering Under Sanctions, Diversified Its Economy
As the nation contended with high inflation, high unemployment and unrest before the war, it became more than just an oil exporter.
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Oil Prices Surge Above $100 After Peace Talks Fail and Trump Threatens Blockade
Oil prices surged as markets reopened on Sunday following news that U. S. peace talks with Iran had ended without a deal.
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An Iran Cease-Fire Won’t Help Gas Prices
Why a cease-fire in Iran won’t bring gasoline prices down.
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European Airports Warn of Fuel Shortages if Gulf Supplies Remain Shut
An association of airports told European Union officials that fuel shipments through the Strait of Hormuz had to restart within three weeks to avoid a “systemic” shortage.
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Oil Ticks Higher and Stocks Rise Ahead of U.S. Inflation Report
A temporary cease-fire in the war on Iran faces multiple hurdles and investors are watching the release of U. S. government data on inflation.
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How the Strait of Hormuz Stifled a Market Rally
Questions about how freely ships can pass through the waterway have pushed up oil prices and weighed on stocks.
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Oil Prices Edge Higher as Confidence in Cease-Fire Wavers
Investors were in a more sober mood after sharp moves on the previous day.
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Vietnam Farms Hit by the War in Iran
The war in Iran, now in a two-week ceasefire, drove up the costs of fertilizer and fuel, pressuring farmers far from the Gulf. Our Vietnam bureau chief, Damien Cave, reports from the Mekong Delta on how the strain on the rice industry is signaling food supply problems and higher prices to come.
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Oil Prices Fall, but Energy Firms Remain Frozen After U.S.-Iran Deal
Analysts said oil and natural gas energy companies would not quickly restore production unless attacks stopped and ships started moving through the Strait of Hormuz.
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Hegseth Demands Iran Turn Over Uranium Stockpiles
The American defense secretary warned President Trump could still order a commando raid to seize 970 pounds of enriched uranium buried in Isfahan if Iran does not agree.