Gas prices at a Sunoco gas station in Media, Pennsylvania, US, on Monday, March 2, 2026. Oil surged the most in four years as the first impacts of the war in the Middle East began to be felt, with a near halt to traffic through the Strait of Hormuz and disruption at a big refinery…
The biggest disruption to global air transport since the Covid pandemic continued on March 1, with thousands of flights affected and busy Middle Eastern hubs including Dubai and Doha shuttered as Iran lashed out after U.S.-Israeli strikes. Justin Tallis | Afp | Getty Images Airline stocks led losses in Asia on Monday as Middle East…
A cargo ship is pictured off coast city of Fujairah, in the Strait of Hormuz in the northern Emirate on February 25, 2026. Giuseppe Cacace | Afp | Getty Images Crude oil prices are expected to jump when trading opens Sunday evening, as market participants fear war between the U.S. and Iran will spiral out…
Iranian negotiating delegation departs for the site of the talks with U.S., in Geneva, Switzerland, Feb. 26, 2026. Iranian Foreign Ministry | WANA | Via Reuters The latest round of U.S.-Iran talks did not lead to a breakthrough, with both sides agreeing to extend negotiations, Iranian Foreign Minister Seyed Abbas Araghchi said, describing the discussions…
President Donald Trump prepares to board Air Force One en route to Florida, at Pope Army Airfield at Fort Bragg, North Carolina, Feb. 13, 2026. Elizabeth Frantz | Reuters President Donald Trump said Friday that he is considering limited military strikes to pressure Iran over its nuclear program. “I guess I can say I am…
President Donald Trump said Thursday that he will decide whether to launch military strikes against Iran in the next 10 days. “So now we may have to take it a step further, or we may not,” Trump said at the inaugural meeting of his Board of Peace. “Maybe we’re going to make a deal. You’re…
President Donald Trump met Friday afternoon with more than a dozen oil companies at the White House to discuss plans for investment in Venezuela, less than a week after the U.S. ousted President Nicolas Maduro. Exxon CEO Darren Woods, ConocoPhillips CEO Ryan Lance, and Chevron Vice Chairman Mark Nelson attended. Executives from Halliburton, Valero and…
