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Int'l Herald TribuneJul 31, 2026
Iran War Drives Oil Profits to Highest Levels in Years
The world's biggest oil companies are benefiting from the high commodity prices that have been a drag on the rest of the economy.

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How the U.S. war with Iran is widening inequality in Africa (Washington Post World News)

CNBC World NewsJul 31, 2026
Oi prices choppy as recovering Hormuz Strait traffic tempers war premium
Commonwealth Bank of Australia said in a note on Friday that stronger oil flows through the Strait of Hormuz had eased market concerns after U.S.-Iran strikes earlier this week.

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Europe Is Caught Between Low Gas Reserves and Rising Prices From Iran War (Int'l Herald Tribune)

CNBC World NewsJul 30, 2026
Oil prices fall after Saudi Arabia proposes naval coalition to protect ships from attack
The U.S. launched a "heavy wave" of strikes against Iran in retaliation for its missile attacks on American forces in the region.
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