Oil Prices Surge Amid Iran War Escalation as Congress Divides on Authorization
Rising tensions in the Iran conflict have pushed oil prices to a two-month high, while Senate Republicans call for congressional approval of the war within 60 days.
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Rising tensions in the Iran conflict have pushed oil prices to a two-month high, while Senate Republicans call for congressional approval of the war within 60 days.
Showing 25-48 of 915 articles.
general
Senate Republicans, led by Sen. Bill Cassidy, rejected a Democratic resolution aimed at restricting President Donald Trump’s military actions in Iran despite rising U.S. casualties and economic concerns.
Fox News Latest | Jul 23, 2026, 5:00 PM
general
Oil prices climbed sharply following reported attacks on Saudi tankers by Houthi militants, intensifying concerns over supply disruptions linked to the ongoing Iran war.
ABC Top Stories | Jul 23, 2026, 3:51 PM
world
The European Central Bank maintains current rates while monitoring the inflation impact of rising energy prices due to the ongoing Iran war.
Deutsche Welle | Jul 23, 2026, 2:21 PM
world
US President Donald Trump warned of targeting Iranian civilian infrastructure in response to attacks on shipping in the Strait of Hormuz, escalating regional hostilities with no diplomatic resolution in sight.
France 24 English | Jul 22, 2026, 11:21 PM
world
Ongoing US strikes on Iran continue to overshadow diplomatic efforts in Pakistan to revive a failed interim ceasefire, as tensions escalate over control of the Strait of Hormuz.
Africanews | Jul 22, 2026, 9:25 AM
world
A year after US strikes on Iran’s nuclear sites, President Donald Trump signals potential new attacks on another nuclear facility as the war extends beyond initial expectations.
South China Morning Post World | Jul 22, 2026, 5:45 AM
politics
As military conflict with Iran intensifies and oil prices surge, GOP lawmakers call on President Trump to act swiftly to reopen the strategic Strait of Hormuz.
The Hill | Jul 21, 2026, 11:16 AM
world
Despite easing refined fuel export restrictions in July 2026, China enforces strict compliance measures to protect domestic reserves as tensions between Washington and Tehran escalate.
South China Morning Post World | Jul 21, 2026, 9:31 AMpolitics
Energy Secretary Chris Wright affirms U.S. commitment to keep oil and gas flowing through the Strait of Hormuz despite resumed hostilities with Iran, while seeking diplomatic solutions.
The Hill | Jul 19, 2026, 11:09 PMpolitics
Senator John Fetterman argues that Iran’s retention of nuclear material justifies ongoing U.S. military action after the collapse of an interim peace deal.
The Hill | Jul 19, 2026, 6:28 PMbusiness
China's ability to adjust its oil imports has mitigated the impact of supply disruptions caused by tensions in the Strait of Hormuz, preventing a sharp spike in crude oil prices.
Nikkei Asia | Jul 19, 2026, 5:28 AMworld
Iran blames the United States for targeting bridges, a train station, and an airport in recent airstrikes following the collapse of peace talks.
Africanews | Jul 18, 2026, 7:22 AMworld
Rising diesel costs driven by Gulf tensions are straining the Philippines’ public transport sector, complicating the transition from traditional diesel jeepneys to electric models.
South China Morning Post World | Jul 16, 2026, 2:14 AMworld
Global equities climbed after a surprising drop in US inflation readings and strong corporate earnings, despite escalating US-Iran hostilities.
CNA Latest News | Jul 15, 2026, 4:39 PMpolitics
New Federal Reserve Chairman Kevin Warsh testified before Congress pledging commitment to price stability as recent data shows easing inflation, while Fed Governor Christopher Waller warns inflation risks remain. Meanwhile, President Trump signals intensified strikes on Iran.
Reason | Jul 15, 2026, 2:41 PMworld
The United States conducted a seven-hour military operation targeting Iranian sites near the Strait of Hormuz amid renewed naval blockades and rising oil prices, while Iran claimed retaliatory strikes on US facilities.
Al Jazeera | Jul 15, 2026, 8:09 AMworld
US President Donald Trump abandons plan to impose a 20% charge on commercial cargo through the Strait of Hormuz, replacing it with trade and investment agreements with Gulf states amid ongoing regional tensions.
South China Morning Post World | Jul 14, 2026, 4:34 PM
general
Despite growth in renewables, fossil fuels supplied 86% of global energy in 2025, with U.S. oil production reaching a historic 21.1 million barrels per day amid geopolitical tensions.
Fox News Latest | Jul 12, 2026, 11:05 AM
world
Amid escalating tensions, US military forces have conducted a third series of strikes on Iran within a week following Iran’s Islamic Revolutionary Guard Corps declaration closing the strategic Strait of Hormuz.
Al Jazeera | Jul 12, 2026, 7:18 AM
world
A fire aboard a Qatari liquified natural gas tanker near the Strait of Hormuz underscores the volatility of global energy markets amid ongoing conflict and rising prices in Asia and Europe.
ABC Australia News | Jul 11, 2026, 7:51 PM
world
US President Donald Trump confirms continuation of negotiations with Iran amid escalating tensions, while declaring the June ceasefire ended.
ABC Australia News | Jul 10, 2026, 4:28 PM
general
Energy Secretary Chris Wright says U.S. military efforts, not Iran’s actions, have maintained oil flow through the Strait of Hormuz amid rising tensions.
Fox News Latest | Jul 10, 2026, 2:19 PM
general
Recent Iranian attacks on shipping raised oil prices but growing global oil production and alternative routes could reduce Tehran’s economic influence.
Fox News Latest | Jul 10, 2026, 10:44 AMShowing 25-48 of 915 articles.