A new report outlined how a major escalation of the conflict between Israel and Hamas could fuel a new bout of inflation.
Tag: Oil (Petroleum) and Gasoline
Biden Seeks to Tame Oil Prices if Mideast Conflict Sends Them Soaring
The president has previously drawn down the Strategic Petroleum Reserve to ease price pressures, but that could be more difficult now
Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
I.E.A. Sees Oil, Gas and Coal Demand Peaking By 2030
The prediction, which has stirred controversy among oil producers, is a sign of a sweeping transformation in the global energy landscape.
How the Israel-Hamas War Imperils Action Against Global Warming
Oil prices could surge. Disagreements between nations could worsen. The conflict complicates already fragile global diplomacy ahead of crucial climate talks.
María Corina Machado Leads in Venezuela Primary to Oppose President Maduro
María Corina Machado, a center-right candidate, was leading in an election that showed voters’ faith in democracy and dissatisfaction with years of authoritarian rule.
Venezuela-U.S. Relations Soften Ahead of Key Primary Election
The release of political prisoners and the lifting of some U.S. sanctions comes as Venezuela’s opposition prepares to elect a candidate to challenge the country’s leader.
Venezuela Pledges Small Steps Toward Fair Elections Next Year
The agreement signed on Tuesday by the country’s authoritarian government and the opposition would not allow all candidates to run.
U.S. Clamps Down on Russian Oil Sales With New Sanctions
Finance ministers from the Group of 7 pledged more support for Ukraine and condemned Hamas.
Fragile Global Economy Faces New Crisis in Israel-Gaza War
A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”