Iran

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Nepali consumers wait in line carrying empty LPG cylinders as they rush to gas depots to refill them as growing tensions in West Asia halt the supply in Kathmandu, Nepal, on March 12, 2026. People wait for hours hoping to refill their gas cylinders. While some manage to purchase filled cylinders, many others return empty-handed as supplies remain limited. The disruption follows the escalating conflict involving the United States, Israel, and Iran, which heightens tensions across the Gulf region. Shipping through the Strait of Hormuz, a key maritime route bordering Iran, the United Arab Emirates, and Oman, is also affected by the conflict, disrupting the transport of gas and petroleum products. The impact is now felt in markets around the world.
Energy

Exxon, Chevron, and other US oil and gas producers and refiners hit all-time-high stock values amid Iran war while consumers pay the price

By
March 12, 2026
iran
Middle East

Iran’s new Supreme Leader warns of ‘opening other fronts’ in first statement from hiding

By Jon Gambrell, David Rising, Mike Corder, Natalie Melzer and The Associated Press
March 12, 2026
A man stands amidst a field of corn.
Economy

Fertilizer prices soar as Strait of Hormuz tensions rise—forcing U.S. farmers to rethink spring planting

By
March 12, 2026
A sign reading 'out of stock' is displayed at a gas station amid rising petrol prices in Manila, the Philippines
Economy

The Iran war is reviving remote work across the world — from Denmark to Vietnam

By
March 12, 2026
The latest accounting on Trump’s Iran war show it could spike the national debt by $65 billion over 60 days
Economy

The latest accounting on Trump’s Iran war show it could spike the national debt by $65 billion over 60 days

By
March 12, 2026
trump
Energy

Trump just put Republicans’ hold on the Senate at risk while sending the national debt higher, Morgan Stanley says

By
March 12, 2026
U.S. President Donald Trump speaks to the press after landing on Air Force One on March 11, 2026 at Joint Base Andrews, Maryland.
Economy

Stagflation risks are rising due to Iran conflict, as economist warns it’s ‘getting harder to argue disruption will be temporary’

By
March 12, 2026
Photo: Infographic with map showing the Strait of Hormuz, locating floating objects (generally boats) captured by the Sentinel-1 radar satellite, before and after the announcement of the blockade of the strait by the Iranian Revolutionary Guard, according to an AFP analysis (Graphic by Valentin RAKOVSKY and Julie PEREIRA / AFP)
Energy

Oil went over $100 again after the U.S. admitted it cannot control the Strait of Hormuz

By
March 12, 2026
fleet
Commentary

The shadow fleet and illegal oil are still moving through the Strait of Hormuz

By
March 11, 2026
Trump gestures
Energy

Trump says the U.S. will open its first new oil refinery in nearly 50 years as the U.S. military avoids bombing Iran’s oil infrastructure

By
March 11, 2026
gas prices
Energy

Top economist says Iran war could trigger an economic ‘butterfly effect’—and keep inflation elevated for years

By
March 11, 2026
barrel
Energy

Plastics, fertilizers, clothing, medicines and electronics: $100-a-barrel oil has huge downstream consequences

By André O. Hudson and The Conversation
March 11, 2026
trump
Commentary

There’s one particular way the Iran War is different from all the others in American history

By Charles Walldorf and The Conversation
March 11, 2026
U.S. President Donald Trump speaks to the Republican Members Issues Conference at Trump National Doral Miami on March 9, 2026 in Doral, Florida.
Energy

The fog of war is coming from inside the White House—and it cost oil markets $84 million in 10 minutes

By
March 11, 2026
strait
Middle East

The Strait of Hormuz isn’t totally closed. Meet the ‘shadow fleet’

By Charles Edward Gehrke and The Conversation
March 11, 2026

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