International Trade and World Market – Page 3 – War Watch

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From Oil to Food, the Iran War Is Squeezing the Global Economy
ByPatricia Cohen March 31, 2026March 31, 2026

The effects of the war in Iran are squeezing consumers, businesses and governments around the world, raising the prices of many essential goods.

Read More From Oil to Food, the Iran War Is Squeezing the Global Economy
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Why the Iran War May Force Countries to Rely Less on Natural Gas
ByRebecca F. Elliott and Brad Plumer March 29, 2026

The U.S. and other exporters are poised for a windfall, but disruptions to Persian Gulf supplies are also pushing gas-buying countries to consider alternatives like coal, solar and nuclear energy.

Read More Why the Iran War May Force Countries to Rely Less on Natural Gas
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Trump Draws Bipartisan Backlash for Easing Oil Sanctions on Russia and Iran
ByRobert Jimison March 25, 2026March 26, 2026

Republicans and Democrats alike have criticized the Trump administration’s moves, taken to stabilize oil markets rocked by the war with Iran, warning that it is benefiting two U.S. adversaries.

Read More Trump Draws Bipartisan Backlash for Easing Oil Sanctions on Russia and Iran
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As Gas Prices Spike, California Is Hit Hardest
ByIvan Penn and Kurtis Lee March 25, 2026

A gallon has climbed to nearly $6 in the state, about $2 above the national average.

Read More As Gas Prices Spike, California Is Hit Hardest
Birol, Fatih | Chevron Corporation | International Energy Agency | International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Natural Gas | Oil (Petroleum) and Gasoline | Persian Gulf | Qatar | Strait of Hormuz | US and Israeli Attack on Iran (2026) | War and Armed Conflicts | Wirth, Michael K

Energy Crisis Will Not Be Resolved Quickly if War Ends, I.E.A. Chief Warns
ByRavi Mattu March 23, 2026March 23, 2026

Fatih Birol, the leader of the International Energy Agency, said the Iran war was a bigger crisis than the two oil shocks in the 1970s combined.

Read More Energy Crisis Will Not Be Resolved Quickly if War Ends, I.E.A. Chief Warns
Bessent, Scott | Economic Conditions and Trends | Embargoes and Sanctions | International Trade and World Market | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Oil (Petroleum) and Gasoline | Prices (Fares, Fees and Rates) | Strait of Hormuz | Treasury Department | Trump, Donald J | United States International Relations | United States Politics and Government | US and Israeli Attack on Iran (2026)

U.S. Encourages Flow of Iranian Oil While It Battles Iran
ByAlan Rappeport March 19, 2026

Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices.

Read More U.S. Encourages Flow of Iranian Oil While It Battles Iran
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Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns
ByAna Swanson March 19, 2026

The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists.

Read More Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns
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Kharg Island Is an Appealing Target for Trump, With High Risks
ByAnton Troianovski, Rebecca F. Elliott and Peter Eavis March 17, 2026March 19, 2026

A U.S. attack or a move to seize control of Iran’s main oil export hub could cripple the country’s ability to profit from its natural resources. But it would also risk sending energy prices even higher.

Read More Kharg Island Is an Appealing Target for Trump, With High Risks
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Trump’s Threat to Delay Summit With Xi Casts New Shadow Over China Relations
ByRavi Mattu March 16, 2026March 17, 2026

President Trump warned that he could postpone a meeting set to begin in just over two weeks if China refuses to help reopen the Strait of Hormuz.

Read More Trump’s Threat to Delay Summit With Xi Casts New Shadow Over China Relations
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War in Iran Has Grounded Gulf Airlines Like Emirates
ByNiraj Chokshi March 15, 2026March 15, 2026

Emirates, Qatar Airways and Etihad Airways have become some of the world’s largest and most profitable thanks to their location at the center of busy travel routes.

Read More War in Iran Has Grounded Gulf Airlines Like Emirates