Top News
Maine Heating Oil Hits $5.97 a Gallon, Up 79% in a Year, as Winter Nears
Families in the Northeast, where most oil-heated homes sit, are turning to food-pantry-style firewood banks after fuel prices rose with the Iran war.
Topic
Energy prices
12 stories from Planck Standard. Latest: October 16, 2026.
WorldIMF Slashes 2026 Global Growth Forecast to 3% and Warns Inflation Will Climb as Mideast War Bites
The International Monetary Fund cut its outlook and lifted its inflation projection to 4.7%, blaming a 25% surge in energy prices since the war began even as it flagged an offsetting boost from artificial intelligence.
BusinessInflation Surges to 3.8% as Iran War Drives Energy Costs to Nearly Three-Year High
Rising energy prices from the Iran conflict are creating ripple effects across the economy, pushing consumer prices to levels not seen since 2023.
WorldModi Urges Indians to Buy Less Gold and Skip Foreign Trips as Iran War Strains Economy
Politically emboldened after recent electoral victories, Prime Minister Modi asks India's 1.4 billion people to make sacrifices amid economic fallout from Middle East conflict.
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U.S. Economy Grows 2% Despite Energy Price Surge From Iran War
GDP expansion continues at steady pace through first quarter even as Middle East conflict begins affecting fuel costs nationwide.
MarketsAmerican Airlines Slashes 2026 Earnings Forecast After Fuel Cost Surge
The airline becomes the latest carrier to lower financial projections as the Iran conflict drives jet fuel prices to multi-year highs.
MarketsUnited Airlines Slashes 2026 Forecast as Iran War Sends Fuel Costs Soaring
Despite strong passenger demand and better-than-expected first quarter results, the carrier warns of significant headwinds from energy price volatility.
PoliticsTrump Promotes 'No Tax on Tips' in Las Vegas, Brushes Off Iran War Inflation Concerns
At an economic event, the president sought to downplay financial hardship from the Iran conflict, claiming 'fake inflation because of fuel and energy prices.'
PoliticsFederal Reserve Postpones Rate Cuts as Iran War Disrupts Economic Outlook
Fed officials express concern about inflation pressures from Middle East conflict, putting monetary policy changes on hold.
PoliticsOil Markets Grow Skeptical of Trump's Peace Signals as Iran War Drags On
After oscillating between diplomacy and military threats, the president faces growing market resistance to his attempts to calm oil prices through peace overtures.
MarketsStocks Tumble and Oil Jumps as Trump Warns Energy Prices Could Climb Higher
Markets react negatively to president's comments as optimism fades about potential U.S.-Iran peace talks and ceasefire prospects.
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War with Iran Will Push U.S. Inflation Above 4 Percent, OECD Warns
Higher energy prices and uncertainty from Middle East conflict expected to boost inflation and weigh on economic growth, according to new forecast.
