Economy
Gas Hits $4.45 — Up 34 Cents in One Week, The Iran War’s Pump Price Is Accelerating
The most alarming single data point from Saturday was not a diplomatic statement or a military threat. It was the number on gas station...
Brent Hits $126, Gas at $4.30 — Oil Prices at Their Highest Since 2022 as Talks Collapse
The oil market delivered its verdict on Thursday's Iranian and Israeli developments with mathematical precision. Brent crude hit $126 per barrel — its highest...
The IEA Called This the “Greatest Global Energy Security Challenge in History”
The International Energy Agency does not use superlatives carelessly. When its head described the 2026 Iran war as "the...
Kharg Island Oil Storage Days From Full — What Happens When Iran’s Wells Shut Down
The US blockade of Iranian ports has been running for ten days. On Wednesday, the US Treasury Secretary publicly...
IMF Cuts Global Growth Forecast Over Iran War — And Warns the Damage Could Get Much Worse
The International Monetary Fund has delivered the most authoritative economic verdict yet on what the Iran war is doing...
US Naval Blockade of Iran Is Now Live — What It Does to Oil Prices and Your Cost of Living
The ceasefire gave the world a five-day window of relief. Oil fell 16 percent. Stock markets surged. Consumers dared...
Why the Iran Ceasefire Won’t Fix the Global Economy Any Time Soon
The relief is real. Oil fell more than 16 percent in a single trading session after the ceasefire was...
How the Hormuz Closure Is Becoming the Worst Oil Crisis Since the 1970s
The International Energy Agency has used language that rarely appears in official economic commentary. Its head described the situation...