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Iran war is draining world’s oil buffer at an unprecedented pace
Energy
Iran war is draining world’s oil buffer at an unprecedented pace
By Grant Smith, Yongchang Chin and BloombergMay 9, 2026
Vincent Clerc speaks in front of a picture of a port.
Energy
The CEO of Maersk, which ships 14% of everything you buy, said the Iran war is adding $500 million in monthly costs it’s trying not to pass down
By Sasha RogelbergMay 8, 2026
Current price of oil as of May 8, 2026
Personal Finance
Current price of oil as of May 8, 2026
By Joseph HostetlerMay 8, 2026
Motorbikes drive past a billboard with graphic showing the late Iranian Supreme Leader Ayatollah Ali Khamenei
Politics
Iran is setting up an agency to tax ships passing through Hormuz even as it negotiates a peace deal
By Adam Schreck, David McHugh, Russ Bynum and The Associated PressMay 7, 2026
mcdonald's logo
Retail
McDonald’s posts better-than-expected first quarter sales. But higher gas prices threaten demand
By The Associated Press and Dee-Ann DurbinMay 7, 2026
Current price of oil as of May 7, 2026
Personal Finance
Current price of oil as of May 7, 2026
By Joseph HostetlerMay 7, 2026
Current price of oil as of May 6, 2026
Personal Finance
Current price of oil as of May 6, 2026
By Joseph HostetlerMay 6, 2026
Current price of oil as of May 5, 2026
Personal Finance
Current price of oil as of May 5, 2026
By Joseph HostetlerMay 5, 2026
‘You could say the ceasefire has ceased’: Iran is back on Wall Street’s radar as oil prices spike 6%
Energy
‘You could say the ceasefire has ceased’: Iran is back on Wall Street’s radar as oil prices spike 6%
By Eva RoytburgMay 4, 2026
Photo of Donald Trump
Economy
America is lucky it’s no longer a manufacturing powerhouse—it’s what’s protecting the U.S. economy from the worst of the oil shock, top economist says
By Sasha RogelbergMay 4, 2026
Current price of oil as of May 4, 2026
Personal Finance
Current price of oil as of May 4, 2026
By Joseph HostetlerMay 4, 2026
China’s unprecedented defiance of U.S. sanctions triggers showdown
Asia
China’s unprecedented defiance of U.S. sanctions triggers showdown
By BloombergMay 4, 2026
Markets on alert as Trump vows ‘Project Freedom’ for Hormuz, setting up potential showdown after renewed attacks on ships
Energy
Markets on alert as Trump vows ‘Project Freedom’ for Hormuz, setting up potential showdown after renewed attacks on ships
By Jason MaMay 3, 2026
As economic despair mounts, Russian official admits the country has had enough of Putin’s war on Ukraine. ‘We can’t even take one region’
Economy
As economic despair mounts, Russian official admits the country has had enough of Putin’s war on Ukraine. ‘We can’t even take one region’
By Jason MaMay 3, 2026
The clock is ticking as oil markets barrel toward nightmare scenarios with the West bracing for ‘tank bottoms’ and Iran racing to delay ‘tank tops’
Energy
The clock is ticking as oil markets barrel toward nightmare scenarios with the West bracing for ‘tank bottoms’ and Iran racing to delay ‘tank tops’
By Jason MaMay 3, 2026
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Iran says it has a deal to reopen the Strait of Hormuz—and shipowners are outraged by its plan to charge feesplaceholder alt text
By Jim EdwardsAugust 6, 2026
North America
The Trump administration has doled out $100 billion in tariff refunds, but Americans are suing U.S. companies for not seeing a penny of the returnsplaceholder alt text
By Sasha RogelbergAugust 5, 2026
North America
Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our healthplaceholder alt text
By Catherina GioinoAugust 2, 2026
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