oil prices - Page 3

President Donald Trump speaks with reporters
President Donald Trump speaks with reporters in the James Brady Press Briefing Room at the White House, Monday, Aug. 11, 2025, in Washington. (Photo: AP)

Trump’s go-to moves to influence the markets are increasingly falling flat as the Iran war drags on

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WASHINGTON (AP): As the Iran war intensifies, President Donald Trump has prioritized efforts to calm the financial markets — trying to keep oil prices from exploding upward, stocks from cratering and interest rates from surging. When the markets have flashed danger, Trump has been quick with a social media post or a remark to claim

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Israeli authorities hang Israeli and U.S. flags at the site struck by an Iranian missile that killed two people, in Ramat Gan, Israel, Wednesday, March 18, 2026. (Photo: AP)

Both sides in Iran war ratchet up attacks on energy facilities, as oil prices surge

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DUBAI, United Arab Emirates, March 18, 2026 (AP) — Israel kept up its campaign of targeting Iran’s leaders on Wednesday, killing the country’s intelligence minister, and an Iranian offshore natural gas field was struck in a sign of the war’s mounting pressure – from both sides — on the region’s economic lifeblood: energy. Iran has

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  • Oil tankers and cargo ships line up in the Strait of Hormuz as seen from Khor Fakkan, United Arab Emirates, Wednesday, March 11, 2026. (Photo: AP)/Oil prices
    Oil tankers and cargo ships line up in the Strait of Hormuz as seen from Khor Fakkan, United Arab Emirates, Wednesday, March 11, 2026. (Photo: AP)
  • Liberia-flagged tanker Shenlong Suezmax, carrying crude oil from Saudi Arabia, that arrived clearing the Strait of Hormuz, is seen at the Mumbai Port in Mumbai, India, Thursday, March 12, 2026. (Photo: AP)
  • Liberia-flagged tanker Shenlong Suezmax, carrying crude oil from Saudi Arabia, that arrived clearing the Strait of Hormuz, is seen at the Mumbai Port in Mumbai, India, Thursday, March 12, 2026. (Photo: AP)
  • Liberia-flagged tanker Shenlong Suezmax, carrying crude oil from Saudi Arabia, that arrived clearing the Strait of Hormuz, is seen at the Mumbai Port in Mumbai, India, Thursday, March 12, 2026. (Photo: AP)

About 90 ships cross the Strait of Hormuz as Iran exports millions of barrels of oil despite the war

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HONG KONG, March 18, 2026 (AP) — About 90 ships including oil tankers have crossed the Strait of Hormuz since the outset of the war with Iran and it is still exporting millions of barrels of oil at a time when the waterway has been effectively closed, according to maritime and trade data platforms. Many

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  • Motorists queue up as others wait behind a rope for their turn to get fuel at a pump, fearing a possible fuel shortage due to the Iran war, in Dhaka, Bangladesh, Sunday, March 8, 2026. (Photo: AP)
  • rices are displayed at a gas station in London, Monday, March 9, 2026. (Photo: AP)

War with Iran delivers another shock to the global economy

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WASHINGTON, March 10, 2026 (AP) — The war with Iran is doing collateral damage to the world economy. The conflict is driving up energy and fertilizer prices; threatening food shortages in poor countries; destabilizing fragile states such as Pakistan; and complicating options for the inflation fighters at central banks like the Federal Reserve. Causing much

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