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FOREIGN POLICY4 DAYS AGO
Americans ‘frustrated’, ‘angry’ as economy struggles under weight of Iran war, new poll finds
The survey, released on May 17, reveals deep pessimism across party lines.
Coffee prices are displayed at a supermarket in Alhambra, California on May 12, 2026.
ECONOMY6 DAYS AGO
Trump's war on Iran triggers energy crisis, recession fears, with $39tr debt ticking like a bomb
Trump's unprovoked war against Iran has backfired spectacularly, spiking US gas prices, triggering recession forecasts, and with $39 trillion debt hanging like a sword of Damocles, America now accelerates toward full economic collapse.
ENERGY10 DAYS AGO
US releasing 53mn barrels from strategic oil reserve to mitigate fallout from war on Iran
The US is releasing 53.3 million barrels of crude oil from its Strategic Petroleum Reserve in an attempt to stabilize global markets affected by Iran war.
Oil
CONVERSATIONS16 DAYS AGO
Strait of Hormuz disruption to have major economic and geopolitical consequences: Economist
The Strait of Hormuz is a critical chokepoint for global energy markets, and any significant disruption or closure would have major economic and geopolitical consequences, says a UK-based economist.
DEFENSE19 DAYS AGO
High costs, slow scaling, structural limits: Why US shale can't offset Strait of Hormuz disruption
Despite claims that US shale oil can rapidly offset a Strait of Hormuz disruption, technical, economic, and logistical constraints render it incapable of compensating for such a large-scale, immediate supply shock.
shale-oil-us
POLITICS19 DAYS AGO
Gas prices hit new high in US amid Trump's threats to continue Iran war
Gas prices in the US have increased once more, as President Donald Trump threatens to continue the war of aggression against Iran.
Gas
ECONOMY20 DAYS AGO
Spirit Airlines shuts down, cancels all flights over fuel crisis
Low-cost US carrier Spirit Airlines starts “wind-down” and cancels all flights over fuel crisis and collapse of rescue talks.
a