The U.S. and Israeli attacks on Iran add yet more question marks around a U.S. economy already buffeted by on-and-off tariffs, weak hiring, and lingering inflationary pressures. The war has already raised oil prices and could lift prices at the pump as e

As a heavy fuel importer, Pakistan could see its current account deficit widen by $1.5–$2 billion for every $10 oil increase.

Brazil, already South America's largest economy, is on track to become a top four global oil producer following massive pre-salt discoveries, joining OPEC+ in 2025, and seeing a surge in investment from both Petrobras and foreign energy companies.

The Iran war is renewing concerns about the strategically vital Strait of Hormuz. A prolonged closure could sharply drive up oil prices, experts said.

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Oil prices settled at their highest levels since June on Monday, as the conflict in the Middle East brings with it an inherent risk to the world’s available crude supplies.

Crude prices jumped 6% March 2, but they have risen 25% since the beginning of the year as tensions with Iran have escalated.

U.S. gas prices rose 40% as a result of the 1973 oil shock, and prices at the pump are threatening to increase again as a result of the U.S. and Israeli strike on Iran.

The impact on oil prices and in turn, on inflation is the focus for investors already uneasy about the backdrop for stocks.

The war against Iran will push up energy prices but seems likely to have only a modest effect on inflation and the U.S. economy, at least so far, several economists said Monday.

The dollar index (DXY00 ) rose by +0.97% on Monday and posted a 5-week high. The dollar rallied on Monday after oil prices surged to an 8.25-month high, boosting inflation expectations and reducing the chance of additional Fed rate cuts, a supportive fact

The biggest domestic effects for Americans would likely arrive via more expensive gasoline, with the US and Israel launching attacks just a few days after Trump boasted about lowering pump prices in his State of the Union address. Economists are quick to

April WTI crude oil (CLJ26 ) on Monday closed up +4.21 (+6.28%), and April RBOB gasoline (RBJ26 ) closed up +0.0851 (+3.72%). Crude oil and gasoline prices rallied sharply on Monday, with crude posting an 8.25-month high and gasoline posting a 19-month hi

May NY world sugar #11 (SBK26 ) on Monday closed up +0.02 (+0.14%), and May London ICE white sugar #5 (SWK26 ) closed up +5.90 (+1.45%). Sugar prices settled higher on Monday, supported by surging crude oil prices. WTI crude (CLJ26 ) soared more than +6%

“There’s some risk there’s more inflation than people think, and that could be like a skunk at a party if that ever happens,” Dimon said Monday in a CNBC interview at his firm’s annual leveraged finance conference in Miami. It’s the latest animal Dimon h