Bloomberg(center)
Australia’s dollar has emerged as an unlikely haven, buoyed by elevated oil and gas prices and growing bets that the central bank may raise interest rates as early as next week.
Read full original ›Mother Jones(left)
This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration. The war with Iran has brought shipping traffic to a virtual standstill in the Strait of Hormuz, the narrow Persian Gulf channel through which roughly one-fifth of the world’s oil and gas fl
Read full original ›Daily Wire(right)
Inflation held steady at 2.4% in February, according to new data released Wednesday by the Bureau of Labor Statistics. While inflation remains above the Federal Reserve’s 2% target, it is significantly lower than levels seen during the height of the post-pandemic surge. Energy prices rose 0.6% in F
Read full original ›Daily Wire(right)
Oil prices have dropped for two straight days following previous surges, having hit four-year highs on Monday before logging the biggest single-day percentage drop since 2022. Oil prices plunged on Tuesday when Secretary of Energy Chris Wright claimed in an X post that the U.S. Navy successfully esc
Read full original ›Guardian Environment(left)
The war on Iran has put fossil-fuel prices centre stage, but don’t believe those who tout ‘maximising the North Sea’ as our salvation
These are burning, smoking lies. As oil and gas prices soar, thanks to the US and Israel’s attack on Iran, the UK’s opponents of climate policy become even shriller.
Read full original ›Grist(lean-left)
Fighting in the Middle East has meant higher bills for consumers and windfalls for oil and gas companies.
Read full original ›