Your summer travel plans may soon be affected by the war in the Middle East. In addition to widespread flight cancellations in the region, the ongoing conflict is driving up oil prices. High oil prices affect jet fuel prices, and how much airlines charge for travel. Oil prices have risen above $100 a barrel, a … Read more
Ford pickups at California dealerships. Automakers eyeing US demand since war breaks out in Middle East (JUSTIN SULLIVAN) · JUSTIN SULLIVAN/GETTY IMAGES North AMERICA/Getty Images via AFP Automakers are expected to report weaker first-quarter sales in the U.S. as war in the Middle East clouded the industry’s outlook compared to last year’s extraordinary strength. The … Read more
Travelers planning summer vacations face a tough decision as global oil supply disruptions, caused by conflicts in the Middle East, have pushed up jet fuel prices leading to higher airfares being passed on to passengers. ADVERTISING ADVERTISING According to the latest analysis of the International Transport Organization, the price of world jet fuel stood at … Read more
The markets were affected in March by the war in the Middle East and the negative position of the American President Donald Trump (Michael M. Santiago). · Michael M. Santiago/GETTY IMAGES North AMERICA/Getty Images via AFP Oil prices are rising, bond yields are rising and inflation is slowing… stock markets saw dramatic moves in March … Read more
Americans woke up to higher gas prices on Tuesday, and some experts warned that the global oil crisis could worsen as Yemen’s Houthi rebels join the war against Iran. On Tuesday morning, the average price of gas in the US was US $ 4.018 per gallon, according to AAA, which tracks gas prices nationwide. According … Read more
Infographic chart showing the performance of WTI crude oil futures against selected indices, as of March 26 and 27 at 03:55GMT. · AFP/AFP The US-Israeli attacks against Iran have triggered a series of retaliations and military escalation in the Middle East that has spooked global financial markets. The conflict, now more than a month old, … Read more
Monday, March 30, 2026 10:14 am The world economy may face recession. (AP Photo/Mark Schifelbein) The world economy is headed for a “rare” recession in the middle of this year as a protracted war appears to be on the horizon amid the prospect of US troops moving into the Middle East. Economists have warned that … Read more
Printed on 30/03/2026 – 7:07 GMT+2•Updated 9:24 European markets opened lower on Monday as investor sentiment remained cautious amid rising oil prices and political tensions in the Middle East. ADVERTISING ADVERTISING At the time of writing, Germany’s DAX was down about 0.41%, the FTSE 100 was down very slightly, by 0.1%, and France’s CAC 40 … Read more