A fertilizer plant outside Lagos, Nigeria. Fertilizer shortages driven by the fighting in the Middle East, where crucial inputs are produced, can lead to poorer harvests and higher food prices around the world.
The panel voted to override Endangered Species Act restrictions on oil and gas activities in the Gulf of Mexico, home to critically endangered whales and other imperiled wildlife.
Presidents since at least the Carter administration have seen their approval ratings tied to gas prices. But there are signs the correlation may be weakening.
After decades of prioritizing domestic over military spending, the continent’s leaders are trying to pivot. That is straining national budgets and could anger voters.
A weapons factory in Herstal, Belgium, this year. Most European countries have realized that they need to spend a lot more on guns to reduce their military dependence on the United States.
Since the Iran conflict began on Feb. 28, gas prices across the United States have increased about 35 percent. They are now above $4 a gallon, and drivers are wincing.
As fuel costs rise because of the war in Iran, surcharges are being added to the shipping cost of certain food items, such as seafood imported from far-flung locations.
A month since the first U.S.-Israeli attacks and Iran’s response effectively shut off Persian Gulf oil, drivers are paying significantly more to fill up.
The White House press secretary said the United States would evaluate oil shipments to Cuba on a “case-by-case basis,” after a Russian tanker full of crude reached the island.
The ship’s arrival would bring Cuba some badly needed fuel. It also marks a shift from U.S. efforts to block oil shipments and pressure the Cuban government.
Already pinched by the high costs of living, some families have modified how they plan to travel by road and air as the Iran war pushes gas and oil prices higher.
The U.S. and other exporters are poised for a windfall, but disruptions to Persian Gulf supplies are also pushing gas-buying countries to consider alternatives like coal, solar and nuclear energy.
As Trump officials demand changes, Castro family members are suddenly popping up across Cuba’s political scene. Some even ask: Could one be the “Cuban Delcy?”
How high do oil prices need to climb before the global economy breaks? On “The Ezra Klein Show,” Jason Bordoff, an energy policy expert, tells Ezra Klein why a prolonged energy shock could force a devastating choice between economic activity and basic survival for the world’s poorest nations.