The president was asked about a potential strike on the oil infrastructure of Iran, which accounts for about 2 percent of the world’s supply.
Tag: Prices (Fares, Fees and Rates)
A Climate Fund Could Pay Billions to Protect Trees in Amazon and Beyond
Brazil is proposing a fund that would pay countries to protect tropical forests that are crucial to curbing climate change. It would generate returns, too.
Gilead Agrees to Allow Generic Version of Groundbreaking H.I.V. Shot in Poor Countries
Many middle-income countries are left out of the deal, widening a gulf in access to critical medicines.
Tesla Sales Increase, Suggesting Electric Car Demand Is Rebounding
The automaker reported a gain of 6.4 percent for the latest quarter, its first such increase this year.
Why the Conflict Between Iran and Israel Has Raised Oil Prices Only Modestly
The fighting is increasing fears about oil supplies, but those worries are offset by greater global production and slowing demand in China.
Russia to Boost Defense Budget as Ukraine War Drags On
The Kremlin plans a 25 percent increase to more than $145 billion in 2025, a year in which it had intended to cut military spending.
OPEC Plus Delays Plan to Increase Oil Output
OPEC Plus will extend its cuts until at least December. Demand has weakened, and other countries, including the United States, are expected to continue to increase production.
Record Rainfall Spoils Crops in China, Rattling Leaders
Some vegetables cost more than they have in five years. Top Chinese officials have made a point of showing that they’re doing something about it.
Why Oil Prices Remain Subdued
Despite war in the Middle East and political turmoil in Libya, investors are focusing on what look like ample global supplies.
Harris and Trump Embrace Tariffs
Both Democrats and Republicans are expressing support for tariffs to protect American industry, reversing decades of trade thinking in Washington.