Jet fuel prices are rising as the war in the Middle East disrupts global oil supplies, putting cost pressure on airlines as the busy summer travel season approaches. Experts say it’s not a question of if airfares will go up, but when, for how long and by how much. The impact may be felt most … Read more
NEWYou can now listen to Fox News articles! The Cuban government is in talks with Trump administration officials, the country’s president said Friday, as Havana works to halt a potential regime change as it deals with a spilling energy crisis. In a 90-minute news conference broadcast by state media, Cuban President Miguel Díaz-Canel said talks … Read more
The Trump administration is prepared to waive the Jones Act to loosen shipping rules as the Iran war continues, the White House said Thursday. The 100-year-old statute requires goods shipped between U.S. ports to be carried on ships that are U.S.-built, U.S.-flagged and U.S.-crewed, and it limits the number of tankers domestic shippers can use. … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Two fuel tankers caught fire after strikes in Iraqi waters 00:43 UP NEXT Israeli adviser: Iranian people will need to ‘rise up’ 00:54 Kansas’ trans ID law invalidates 1,700 drivers’ licenses 01:30 Old intel may be to blame … Read more
Latino voters helped propel record turnout in last week’s Texas primaries — with most voting in the Democratic contest — a trend Democrats are watching closely as they try to reclaim ground with the group and pull off an upset win in the red-leaning state’s Senate contest. Over 4.4 million ballots were cast in last … Read more
Over the weekend, Israel struck fuel depots in Tehran for the first time, sending fireballs and plumes of thick black smoke skyward. Iran is increasingly relying on cluster munitions to pierce Israel’s air defenses. Matt Gutman reports. Source link
NEWYou can now listen to Fox News articles! Airfares could rise in the weeks ahead as the Iran conflict disrupts energy markets and squeezes jet-fuel supplies, increasing costs for airlines and passengers. Fuel traders are watching the Strait of Hormuz closely, because disruptions from U.S.-Israeli strikes and retaliatory Iranian drone and missile attacks could quickly … Read more
The U.S.-Israeli war with Iran is taking a toll on the economy. On Friday, U.S. crude oil prices went up to more than $85 per barrel. Plus, the job report for February came back worse than expected. CBS News MoneyWatch correspondent Kelly O’Grady reports. Source link