Oil (Petroleum) and Gasoline – Page 3 – War Watch

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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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Flight Prices Are Up Amid Soaring Fuel Costs, but Travel Demand Remains High
ByNiraj Chokshi March 17, 2026March 17, 2026

Airline executives said the war in Iran had raised fuel costs and, as a result, fares, but that had not yet hurt demand for tickets from individuals and businesses.

Read More Flight Prices Are Up Amid Soaring Fuel Costs, but Travel Demand Remains High
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Another Tanker Is Attacked Near the Strait of Hormuz
ByJohn Yoon March 17, 2026March 17, 2026

The ship was struck near an Emirati port, in the first such attack in five days. The United Arab Emirates also said it was intercepting Iranian drones and missiles.

Read More Another Tanker Is Attacked Near the Strait of Hormuz
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As War With Iran Hurts Oil Prices, U.S. Turns to Iranian Boats for Help
ByAaron Krolik March 17, 2026

Iranian-linked ships carrying Russian oil were among those that received temporary exemptions from sanctions, a sign of how dire the energy crisis is becoming.

Read More As War With Iran Hurts Oil Prices, U.S. Turns to Iranian Boats for Help
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Here’s What Happened in the War in the Middle East on Monday
ByEphrat Livni March 17, 2026

President Trump said he might postpone a trip to China to focus on the war. More than a million people have been displaced in Lebanon this month, according to the country’s health ministry.

Read More Here’s What Happened in the War in the Middle East on Monday
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With Iran War, Trump Risks Stepping on Gains From His Own Tax Cuts
ByAndrew Duehren March 16, 2026

President Trump’s war in Iran has raised some costs just as many Americans are starting to see savings from last year’s tax cuts.

Read More With Iran War, Trump Risks Stepping on Gains From His Own Tax Cuts
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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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Entering War’s Third Week, Trump Faces Stark Choices
ByDavid E. Sanger, Eric Schmitt, Tyler Pager, Ronen Bergman and Julian E. Barnes March 15, 2026March 15, 2026

As the conflict with Iran expands and intensifies, President Trump’s options — to fight on, or to move toward declaring victory and pulling back — both carry deeply problematic consequences.

Read More Entering War’s Third Week, Trump Faces Stark Choices
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Oil Prices May Not Fall Soon, U.S. Energy Secretary Says
ByEdward Wong March 15, 2026March 15, 2026

Energy Secretary Chris Wright said the Strait of Hormuz, a critical passageway for oil shipments, remained unsafe for tankers. Iran has been firing projectiles and laying mines.

Read More Oil Prices May Not Fall Soon, U.S. Energy Secretary Says
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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