|
Oil futures fell sharply on Tuesday, extending losses from the overnight session, as world leaders consider releasing emergency crude supplies as the Iran conflict stretches into an 11th day.
|
RELATED ARTICLES | | |
|
China's oil imports rose nearly 16 percent in the first two months of 2026, adding to its growing energy stockpile.
|
|
The U.S.-Israeli attacks on Iran have intensified and the conflict has widened, shaking global energy markets.
|
|
As War Sends Gas Prices Soaring, Americans Wince: ‘Harder to Exist.' The New York TimesTrump administration starts to panic over rapidly rising oil costs CNNTrump Faces Pressure to Tame Surging Gasoline Prices BloombergTrump's War in Iran, and Rising Gas Prices, Collide With Midterm Agenda The New York Times‘We've got to pay attention': GOP anxiety spikes over rising energy prices Politico
|
|
Iran war's oil shock fuels GOP political anxiety The Washington PostTrump administration starts to panic over rapidly rising oil costs CNNGas price spikes are slamming Senate battleground states Axios‘We've got to pay attention': GOP anxiety spikes over rising energy prices PoliticoDivided on so many things, Americans find unity in frustration at higher gas prices PBS
|
|
Investors now expect that the Fed will delay a rate cut until September instead of July, as they had before the war in Iran began.
|
|
U.S. and Western Allies Turn to Reserves to Counteract Gulf Oil Crisis WSJG7 energy ministers to meet Tuesday morning to discuss release of oil reserves, sources say CNBCG7 ready to take ‘necessary measures' over economic impact of Iran war The GuardianCan Tapping Oil Reserves Tame the Iran War Price Shock? Bloomberg
|
RELATED ARTICLES | | |
|
The jump was a sign of growing concern that the war in the Middle East will take a toll on energy supplies.
|
|
