Since the start of the U.S.-Iran war, higher energy costs and supply disruptions have caused price spikes for many consumer goods. In a letter sent to Federal Trade Commission Chair Andrew Ferguson, ...

Major disruptions in Qatar (15% of global LNG) and Australia have triggered a severe natural gas shortage, far worse than the oil shock. Gas prices have spiked sharply (Asia +143%, Europe +85%), with ...

David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times. For most of the world, ...

Smoke rises following a strike on the Bapco oil refinery, amid the US-Israeli war on Iran, on Sitra island, Bahrain, March 9, 2026 [Stringer/Reuters] The US-Israeli war on Iran will have a profound ...

And our estimate is roughly for every $10 rise we get in the price of oil, headline inflation goes up about 0.2% year-on-year for about a year. And 0.05% um for core, which of course is what the Fed ...

The state of Georgia on Friday responded to the global energy shock with a fuel tax holiday, offering an early look at how U.S. policymakers may try to blunt the hit from rising oil and natural gas ...

Until less than a month ago, most energy analysts were warning about a glut in oil and a likely glut in LNG as new capacity came online in the United States. Glut was the word that described global ...

NEW DELHI, March 21 (Reuters) - India does not expect the Middle East crisis to affect its ability to meet soaring power demand this summer, as the country has lined up coal and renewable capacity ‌to ...

INDIANAPOLIS (WISH) — At a Speedway gas station in downtown Indianapolis, a gallon of regular unleaded on Monday costs $4.19. Diesel was $5.39. Commuter Jennifer Mann, “I drove up. My light was on, ...

The US-Israeli war on Iran has hit gas supplies, forcing suppliers to declare force majeure notices to customers and leaving India facing its worst cooking gas crisis in decades as shipments through ...

Federal Reserve Chair Jerome Powell said that the U.S. economy is facing a supply shock from the disruption of Middle East oil supplies after previous shocks like the COVID-19 pandemic and tariffs ...

The world is facing its second gas shock in half a decade. After Russia cut flows to Europe in 2022, intending to undermine support for Ukraine, the continent turned to liquefied natural gas (lng) ...