Who will lead Iran once the war is over? “Most of the people we had in mind are dead,” says President Trump.
Energy prices continued to rise on Tuesday as attacks by the United States and Israel on Iran intensified, along with the country’s response.
Higher fuel prices and lower demand for international flights are expected to eat into airlines’ profits.
How long prices remain high will depend on what the United States, Israel and Iran do next.
The cartel pledged to increase output by 206,000 barrels a day from next month, and said that members would “closely monitor and assess market conditions.”
The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the tankers that secretively move oil from sanctioned countries.
Aid to the devastated territory has increased since the cease-fire took effect and prices have fallen. But many trucks going into Gaza are bringing food and commercial goods to sell that most people cannot afford.
Starvation has spread in Gaza, as the prices of basic goods have skyrocketed and getting aid is difficult and often deadly. Ashley Wu, a graphics reporter for The New York Times, explains the dire choices that many Gazans face, as Israel faces growing …
Obtaining humanitarian aid can be difficult and dangerous, and though some essentials are available at markets, they are prohibitively expensive for many Gazans.
A fragile cease-fire in the Middle East and an oil supply chain without significant disruptions have helped keep gas prices stable.