Oil
Saudi Arabia asks US to end Hormuz blockade amid worries of possible Houthi retaliation - WSJ
Saudi officials appear to be weighing not only the direct risks in the Gulf, but also the possibility that Iran could respond through allied forces elsewhere in the region.
Food shortages and rising costs: UN agency warns of global food crisis if Hormuz remains blocked
IMF warns of potential global recession if Iran war worsens in latest economic outlook report
Iran’s oil minister: Crude sales remain strong, revenue to aid industry repairs
Iran fortifying Kharg Island in preparation for potential US attack - report
US officials and military experts have warned of the significant risks that a US ground invasion of Kharg Island, Iran's primary hub for oil exports, would pose.
United Airlines CEO: Ticket prices may climb by as much as one-fifth due to fuel prices
United Airlines modeled a worst-case scenario in which prices reach $175 per barrel.
Asia looks to COVID-era playbook to tackle fuel crisis from Iran war
Asia is at the frontline of the fuel crisis, buying more than 80% of the crude that transits the Strait of Hormuz, which has been almost totally blocked by Iran since the war broke out in February.
Iran tells UN: 'non-hostile' ships can transit Strait of Hormuz
The note regarding the Strait of Hormuz from Iran's Ministry of Foreign Affairs was sent to the 15-member Security Council and UN Secretary-General Antonio Guterres.
Asia is most affected continent by Strait of Hormuz closure, with 80% of Gulf energy imports
A New York Times report revealed that Asian countries are entering an energy crisis due to the closure of the Strait of Hormuz, while Western nations will feel the economic effects of the war.
Traders bet $500 million on oil price just before Trump's post on delay to Iran attack
Having issued Iran with a Monday deadline to reopen the critical Strait of Hormuz or face its power plants being "obliterated," Trump's post unleashed a powerful selloff in oil and natural gas.
Israel's endurance buys Iranian isolation - editoral
Israelis face mounting costs from the war with Iran, but regional signals suggest Tehran is becoming more isolated across the Middle East.
Want to reduce stress? This is the secret of olive oil
In periods of ongoing stress and tension, olive oil may be more significant than ever. Extra virgin olive oil is rich in antioxidants and quality fats that may reduce stress and inflammation.
Trump’s five day window for Iran deal may decide Israel’s inflation path, expert tells ‘Post’
Economists warn Israel’s inflation could rise if Iran talks fail, as oil market shocks increase fuel prices and ripple across the economy.
International Energy Agency: Middle East oil crisis severe, global economy at risk
“A stock release will help to comfort the markets, but this is not the solution. It will only help to reduce the pain in the economy," IEA Executive Director Fatih Birol said.
