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Another week of record gains could lift oil prices close to their all-time highs — levels that invite talk of an economic doomsday.
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Ahead of Midterms, Economic Warning Signs Pile Up for Republicans The New York TimesTrump's week: Poor jobs numbers, high gas prices and Noem's ouster PoliticoDonald Trump's Greatest Promise Is Looking More Disastrous for Him by the Day SlateBeyond the Iran war: Trump's no-good, very-bad day on jobs, gas, Epstein USA Today53% of Americans say Trump has made the economy worse Strength In Numbers | G. Elliott Morris
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Soaring oil prices suggest that more increases could be in store for American drivers. Diesel, jet fuel, and other refined products are also becoming much more expensive.
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Government bonds globally were hit hard by surging oil prices as the Iran conflict extends into the weekend
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Stock Market News Today: Jobs Report Shows U.S. Lost 92,000 Jobs; Oil Prices Hit $90 WSJStock market today: Dow, S&P 500, Nasdaq drop to end volatile week as oil surges above $90 Yahoo FinanceA Week of Turmoil Leaves Stocks in Negative Territory for 2026 The New York TimesStocks resume slide as oil prices sizzle and U.S. hiring fizzles CBS NewsDow
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Iran's strikes on Gulf energy sites rattle markets and raise recession fears Euronews.comOil surges 35% this week for biggest gain in futures trading history dating back to 1983 CNBCOil and gas prices rapidly rise as Iran war shows no signs of letting up AP NewsCrude prices make record jump as Trump's measures fail to calm markets Politico
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A 9% jump in gasoline prices in a week could make electric vehicles look more affordable to consumers.
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