Vue normale

Oil Prices Dip on News of Progress in Hormuz Talks

26 août 2026 à 12:20
The two countries said they would create a temporary shipping lane and clear mines in the waterway. Global oil prices dipped after the joint announcement.

© Reuters

Vessels near the Strait of Hormuz, seen from Musandam, Oman, on Monday. Before the U.S.-Israeli war on Iran, about a fifth of the world’s oil and gas was shipped through the waterway.

Gold, Flights, Cryptocurrency: U.S. Vows to Go After More Than Iran’s Oil

26 août 2026 à 08:46
The United States threatened sanctions for any country or entity that engages with Iran’s gold, digital assets, aviation, shipping and tech industries. Here’s why that matters.

© Vahid Salemi/Associated Press

A gas station in Tehran on Tuesday. The United States imposed a monthslong blockade on Iran’s shipments of oil, the nation’s economic engine.

Trump’s Attempt to Strangle Iran’s Economy Depends on China’s Cooperation

24 août 2026 à 21:10
The U.S. has spent 20 years promising ‘crippling sanctions’ on Iran. But the latest effort comes with a reverse twist, after military action failed to accomplish President Trump’s goals.

© Doug Mills/The New York Times

In announcing Operation Economic Outcast, the Trump administration said on Monday that it would involve choking off every last transaction that funnels money to Tehran.

A New Effort to Punish Iran

24 août 2026 à 16:48
The Trump administration says it will try to cut the country off from the global economy by targeting its trading partners.

© Arash Khamooshi/Polaris for The New York Times

U.S. Unveils Campaign to Cripple Iran’s Economy, but Offers Few Details

24 août 2026 à 15:07
Treasury Secretary Scott Bessent acknowledged the effort was more of a warning shot that would begin a period of “quiet diplomacy.”

© Evelyn Hockstein/Reuters

Treasury Secretary Scott Bessent said the United States would “tighten the noose” around Iran by imposing sanctions on every source or facilitator of its revenue.

Can ‘Argentina’s Texas’ Save the Country’s Economy?

24 août 2026 à 05:02
Thousands of Argentines are flocking to a remote stretch of Patagonia, seeking work with only backpacks, tents and the hope that they and their country can turn around their fortunes.

How Argentina’s Oil Boom Is Changing Patagonia

Our correspondent Emma Bubola travels to northwest Patagonia, the epicenter of an oil boom that Argentina hopes will revolutionize its economy.

Iran Warns Gulf States Not to Join Trump’s Economic War

23 août 2026 à 13:00
Iran’s new hard-line national security adviser, Mohsen Rezaei, vowed to prevent “a single drop of oil” from leaving the region.

© Mohammed Salem/Reuters

Mohsen Rezaei, Iran’s new security chief, last month in Tehran. Though hostilities have largely ceased, the United States and Iran are locked in an economic standoff.

With Midterms Approaching, Trump Implores Republicans: Pretend I’m on the Ballot!

22 août 2026 à 03:12
President Trump was in South Carolina to stump for Darline Graham, sister of Lindsey. But his own political future was on his mind, too.

© Alex Kent/The New York Times

President Trump appeared at a rally with Senator Darline Graham ahead of the South Carolina Senate runoff.

The Message Behind Trump’s Threats of ‘Economic Warfare’ Against Iran

20 août 2026 à 22:58
President Trump’s threats of an “economic D-Day” carry a clear signal to Iran that he does not want to go back to war.

© Kenny Holston/The New York Times

Among the challenges for President Trump is that he has repeatedly threatened Iran with destruction, only to pull back.
  • ✇Euromaidan Press
  • Ukraine’s refinery strikes push Russia’s fuel crisis into Central Asia
    Gasoline prices have risen roughly 10–13% in Tajikistan, Kyrgyzstan, and Uzbekistan as Russia restricts exports after Ukrainian strikes on its refineries, Kazakh economist Aidar Alibayev estimated in a 20 August interview with Current Time. He did not specify the comparison period. Earlier Ukrainian attacks disrupted Kazakhstan’s crude exports through Russia’s Black Sea ports. Strikes at refineries are creating a different kind of squeeze: Russia has less gasoline avail
     

Ukraine’s refinery strikes push Russia’s fuel crisis into Central Asia

20 août 2026 à 10:54

Aerial view of Kazakhstan’s Kashagan offshore oil field, surrounded by breakwaters in the Caspian Sea.

Gasoline prices have risen roughly 10–13% in Tajikistan, Kyrgyzstan, and Uzbekistan as Russia restricts exports after Ukrainian strikes on its refineries, Kazakh economist Aidar Alibayev estimated in a 20 August interview with Current Time. He did not specify the comparison period.

Earlier Ukrainian attacks disrupted Kazakhstan’s crude exports through Russia’s Black Sea ports. Strikes at refineries are creating a different kind of squeeze: Russia has less gasoline available to dependent neighbors. Tajikistan and Kyrgyzstan are seeking other suppliers, while Kazakhstan could face growing pressure if the shortages persist.

Tajikistan has been hit hardest because it depends heavily on Russian fuel and has the region’s most difficult delivery routes, Alibayev said. He estimated gasoline prices there had risen 12–13%. Current Time reported that Tajikistan is exploring supplies from China; Alibayev said it was also turning to Iran.

Kyrgyzstan, which sources more than 90% of its gasoline from Russia, asked its neighbors, Azerbaijan and Kazakhstan, as well as other countries, for help. Current Time reported that a deputy prime minister said its reserves would last about six weeks. Alibayev estimated prices had climbed around 10%, compared with 11–11.5% in Uzbekistan, which he estimated gets half its fuel from Russia.

In Uzbekistan, Alibayev estimated that fuel prices had risen by about 11% and said the country gets about half of its fuel from Russia.

Russia extended its gasoline and diesel export restrictions through 31 January 2027 as shortages mounted. Intergovernmental and humanitarian shipments remain exempt, while diesel producers regain some export rights from 1 September. Current Time also reported that Russian companies had begun buying gasoline from Belarus.

Kazakhstan is better insulated than its neighbors because its refineries in Atyrau, Shymkent, and Pavlodar produce enough fuel to meet most domestic demand, Alibayev noted. Motorists from Russia and neighboring states are crossing its borders to refuel. He attributed Kazakhstan’s price rises mainly to domestic taxes and the end of an export moratorium—not Russia’s shortage alone.

Central Asia looks for routes beyond Russia as war drags on

Ukraine’s Black Sea campaign has repeatedly struck oil infrastructure around Novorossiysk, where the Caspian Pipeline Consortium terminal handles about 80% of Kazakhstan’s crude exports. Separate tanker attacks cut CPC loadings by a fifth and forced Kazakhstan to reduce production. In contrast, disruptions at the terminal forced Kazakhstan to send Kashagan crude to China for the first time.

Kashagan oil field near Atyrau. CPC disruptions have prompted Kazakhstan to reroute crude to China. Map: Euromaidan Press / Datawrapper

At an informal summit of Central Asian leaders in Cholpon-Ata in early August, Tajik President Emomali Rahmon proposed building a refinery to serve the whole region. For now, Alibayev said, the decisive factor is how long Russia’s troubles last: the longer Ukraine’s strikes continue, the more they will weigh on prices across Central Asia.

Trump Threatens Economic Pain for Countries That Help Iran

19 août 2026 à 21:10
The president did not specify what actions he would take, and he has on other occasions abandoned threats to dramatically escalate the war with Iran.

© Al Drago for The New York Times

President Trump in transit from Maryland last week.

What to Know About Iran’s Economic Ties With Gulf Countries

19 août 2026 à 18:12
The United Arab Emirates, Iran’s most important regional trading partner, announced a total embargo on transactions with Tehran on Tuesday.

© Raghed Waked/Reuters

Smoke billowing from Jebel Ali port after an Iranian attack, in Dubai, United Arab Emirates, in March.

Send Us Your Questions About the Iran War

19 août 2026 à 10:47
Times reporters who cover the war, diplomacy, energy and the broader Middle East are joining our “Ask a Correspondent” feature as the conflict nears the six-month mark. Let us know what’s on your mind.

How the Iran War Made Africa’s Richest Man Even Richer

19 août 2026 à 05:00
Africans have turned to one of their own for fuel as the world’s supplies run low. But they are not the only ones with the continent’s richest man on speed dial.

© Taiwo Aina for The New York Times

Aliko Dangote at his refinery office in Lagos, Nigeria, in January.

Trump, With Limited Options in Iran, Tries Economic Pressure — Again

19 août 2026 à 08:37
Iran has survived decades of sanctions. Faced with more, it is likely to escalate rather than surrender, analysts said.

© Arash Khamooshi/Polaris for The New York Times

People walking on a sidewalk near the Tajrish Bazaar in Tehran last month.

‘A Dying Community’: An Energy Crisis Worsened by the War Strains Alaska

14 août 2026 à 05:01
Diesel generators produce the electricity for small towns and hamlets like Manley Hot Springs, Alaska. Prices are soaring with no end in sight.

Alaskans in remote villages are “having to choose between feeding their families and having a warm home.”

How a Long-Shot U.S. Oil Drilling Project Is Shaking Up Greenland

13 août 2026 à 14:22
A U.S. oil company says it could be on the verge of a major discovery in Greenland. The proposal comes at a tricky time for the Arctic island, and locals are lining up against it.

© Esther Horvath for The New York Times

Ittoqqortoormiit, a settlement in eastern Greenland. The remote area has been targeted by a U.S.-British joint venture for potential oil exploration.

Arabian Sea Bird and Turtle Habitat Threatened by Oil From Grounded Tanker

13 août 2026 à 16:25
The spill of Russian crude bound for India compounds the environmental damage from spills in and around the Strait of Hormuz, where tankers and oil facilities have come under attack.

© via Reuters

A satellite image showing the damaged vessel Caroline Bezengi and oil slick off coast of Oman, on Aug. 5.

An Electric Motorcycle Revolution

11 août 2026 à 13:47
With gas prices high, people in developing countries are lining up to buy battery-powered bikes. We took a spin around Lahore, Pakistan, on a small-but-mighty one.

© Asim Hafeez for The New York Times

Chico Harlan, back, on a new Vlektra electric motorcycle with its owner, Abdul Rafay, in Lahore, Pakistan.

Californians Criticize Federal Efforts to Control the State’s Coast

10 août 2026 à 22:48
Environmentalists and others warned at a hearing on Monday that the Trump administration’s attempt to strip power from California’s coastal protection agency would endanger the shoreline.

© Loren Elliott for The New York Times

The coastline in Pacifica, Calif.

Signs of Economic Recovery While Greater Uncertainty Looms

8 août 2026 à 06:00
Jobs and trade numbers released this week show that Canada is recovering from trade turmoil, but another round of tariffs may arrive this month.

© Haiyun Jiang/The New York Times

Prime Minister Mark Carney and President Trump had an exchange this week about who and what was “nasty.”

Iran Says It Is Nearing Final Agreement With Oman on Strait of Hormuz

5 août 2026 à 13:08
The agreement on an acceptable route for ships to pass through the strait would effectively ratify Tehran’s control over the crucial waterway.

© Tomas Munita for The New York Times

Ships in the Gulf of Oman last month.

Houthis Threaten to Expand Red Sea Attacks, and Claim Strikes on Saudi Tankers

5 août 2026 à 15:46
Saudi Arabia has not commented on the claims by the Houthis, who are backed by Iran and have vowed to close “all access routes” to Saudi oil shipments.

© Houthi Military, via Reuters

Brig. Gen. Yahya Saree, a Houthi military spokesman, in a still from a televised message the group released on Wednesday. The Houthis claim to have attacked eight ships linked to Saudi Arabia since they declared a blockade on Saudi shipping last month.
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