War in the Middle East

Businesses that rely on aluminum are deciding whether to absorb the costs or pass them on to their customers. To make that decision, many are drawing from their experiences with tariffs.

Oil prices go up faster than they come down, especially since the war has damaged oil infrastructure in the Middle East.

Some sectors are more exposed than others as the war drives up energy costs and squeezes consumer spending.

MRI machines and AI chipmakers need the liquid form of the element.

The international benchmark Brent crude is now $115 a barrel; on Friday, it was $105.

A growing number of farmers can’t afford to plant their crops this year. It’s because of rising costs for diesel, fertilizer, and equipment parts — coupled with low crop prices.

The economic landscape in this country looks very different now than it did four weeks ago, when the U.S. and Israel began waging a new war in Iran that has spread throughout the region. And the economic impact has been nothing but negative.

The war in Iran has sent consumer sentiment diving 6%, according to the University of Michigan’s monthly survey.

Continuing unemployment claims fell by 32,000 the week before last and have been trending down since late last year.

The Organization for Economic Cooperation and Development said the war is a test of the resilience of the global economy, with higher energy prices and uncertainty weighing on economic growth the longer it goes on.