The war in Iran has created a severe energy shock as it drags into its second month. The IEA chief said the crisis is worse than 2022 and the 1970s shocks combined. US oil prices have risen more than ...

Within days of the initial U.S. and Israeli attack on Iran on February 28, 2026, the world was plunged into an energy crisis. Tehran’s near shuttering of the Strait of Hormuz, through which roughly 20 ...

A leading Chinese state media outlet has run back-to-back front-page editorials over the past two days pushing back against claims that China’s economy is losing steam and that the global economy is ...

LONDON, April 2 (Reuters) - The Iran war's energy shock is historic. The real economy has taken it on the chin so far. One of the difficulties in investing around any sudden crisis like the Middle ...

The Strait of Hormuz disruption is a classic information-rich shock, driving extreme oil volatility and forcing markets to reprice growth, inflation, and recession risk as the duration of the supply.

Federal Reserve Chair Jerome Powell said that the U.S. economy is facing a supply shock from the disruption of Middle East oil supplies after previous shocks like the COVID-19 pandemic and tariffs ...

You want that new video game so badly, but you’re trying to knock your credit card balance down. Or you’re binging your favorite TV show and can’t wait to find out if a character lives, but it’s late, ...

As the third week of the U.S.-Israel war against Iran grinds on, the effect the war might have on the global economy is still unclear. At the center of that question is oil. Iran’s closure of the ...

The Iran war is sending oil prices surging — but Goldman says supply chains should hold up. Crude oil futures have climbed more than 70% this year after US and Israeli strikes on Iran. The bank sees a ...

The IEA says the war has caused the biggest crude supply disruption in oil market history. Oil rose back above $100 even after a record 400 million barrel reserve release. Analysts warn that a ...

Fears of higher prices and slower economic growth have unsettled markets over the past week following a spike in the oil price. Investors fear the specter of stagflation and what it could mean for ...

Governments have stockpiled oil, and cars are more efficient but the supply shock is global, and there’s no sense of when it’ll end. By Emmett Lindner In October 1973, oil-producing countries in the ...