supplies

As U.S. re-arms during Iran ceasefire, long-term concerns emerge about advanced munitions supplies

by

Washington — Days after the United States opened its military campaign against Iran, President Trump sought to project confidence in the nation’s war footing, declaring that America possessed a “virtually unlimited supply” of key munitions and could fight wars “forever” using them.  The remark conveyed a familiar image of American military power, a projection of … Read more

Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and supplies

by

LAS VEGAS — The German company that owns Lufthansa Airlines and other European carriers said Tuesday that it would cut 20,000 short-haul flights through October as the Iran war drives up oil prices and deepens worries that some countries may run low on jet fuel. The Lufthansa Group said the cancellation of less profitable routes, … Read more

Former New Jersey hospital employee allegedly stole $2.5 million worth of medical supplies

by

A former surgical technician is charged with stealing $2.5 million worth of medical supplies from a hospital in New Jersey and then reselling them in South Carolina, officials said Monday. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Marci M. Staub, 44, a former employee of Cooper University … Read more

It’s not just oil — the Iran war is disrupting helium and aluminum supplies. Here’s the impact.

by

The Iran war is not only disrupting the global energy market but is also threatening the world’s supply of helium and aluminum, key materials used in products such as semiconductor chips, medical equipment and other everyday goods. Qatar, which accounts for roughly one-third of the world’s helium supply, stopped producing helium this month following Iranian strikes on … Read more

Jet fuel spikes as airlines warn supplies could run dry within weeks

by

NEWYou can now listen to Fox News articles! Jet fuel prices in the U.S. have more than doubled in a matter of weeks as Middle East tensions squeeze supply, fueling concerns airlines could run short of fuel. Prices jumped from about $2.17 to $4.57 per gallon by March 27, according to the Argus U.S. Jet … Read more

Jet fuel prices soar as airlines warn supplies could run dry within weeks

by

NEWYou can now listen to Fox News articles! Jet fuel prices in the U.S. have more than doubled in a matter of weeks as Middle East tensions squeeze supply, fueling concerns airlines could run short of fuel. Prices jumped from about $2.17 to $4.56 per gallon by March 20, according to the Argus U.S. Jet … Read more

Planned release of strategic reserve would put U.S. supplies at lowest levels in 44 years

by

The Trump administration ordered the release of 172 million barrels of oil from the U.S. Strategic Petroleum Reserve this week, making it the second-largest release from the reserve in its history after former President Joe Biden’s 2022 withdrawal of 180 million barrels. The move was meant to stem oil prices, which hovered over $100 a … Read more

How Iran’s threats against ships in Strait of Hormuz endanger global commerce, energy supplies

by

How Iran’s threats against ships in Strait of Hormuz endanger global commerce, energy supplies – CBS News Watch CBS News Iran’s threats to set ships ablaze have caused traffic through the Strait of Hormuz slow to a crawl after two of the world’s largest shipping companies said they’re suspending travel through the waterway. Here’s why … Read more

Stocks set to slide as investors focus on the Iran war’s impact on energy supplies

by

U.S. stock futures pointed to steep losses on Tuesday as investors eyed threats to world energy supplies from the Iran war. Oil prices surged on worries that the war could clog the global flow of crude. S&P 500 futures are pointing to a decline of 1.5% at Tuesday’s open, while the Dow Jones Industrial Average … Read more