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Live Updates: Fear U.S.-Israeli war with Iran will drag on sends stocks plunging and oil price soaring

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Energy Secretary Chris Wright said Sunday that the “period of elevated energy prices” will be temporary, “but it will not be long,” as the Iran war continued into a second week.  Oil and gas prices “shouldn’t go much higher than they are here because the world is very well supplied with oil,” Wright said on … Read more

Trump speaks with Qatari emir amid escalating war and soaring energy prices

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President Trump spoke to the Qatari emir, who emphasized to the president the “need for diplomacy to de-escalate the situation.” The question now is whether the Trump administration can keep global energy moving while this war continues. Imtiaz Tyab reports from Doha. Source link