Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.
Category: Russian Invasion of Ukraine (2022)
Oil Prices Rise as Mideast Crisis Intensifies
The threat of an escalating conflict between Israel and Iran has created an “extraordinarily precarious” global situation, sowing alarm about the potential economic fallout.
$50 Billion in Aid to Ukraine Stalls Over Legal Questions
U.S. and European officials are struggling to honor their pledge to use Russian assets to aid Ukraine.
New Plan to Target Russia’s Oil Revenue Brings Debate in White House
Treasury officials want to impose penalties on tankers that help Russian oil evade sanctions. White House aides worry that risks making gasoline more expensive.
Once a Sheriff’s Deputy in Florida, Now a Source of Disinformation From Russia
In 2016, Russia used an army of trolls to interfere in the U.S. presidential election. This year, an American given asylum in Moscow may be accomplishing much the same thing all by himself.
Russia’s War Machine Revs Up as the West’s Plan to Cap Oil Revenues Sputters
Russia has largely evaded attempts by the U.S. and Europe to keep it from profiting from its energy exports.
For First Time in Two Decades, U.S. Buys More From Mexico Than China
The United States bought more goods from Mexico than China in 2023 for the first time in 20 years, evidence of how much global trade patterns have shifted.
Red Sea Shipping Halt Is Latest Risk to Global Economy
Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.
How China Is Profiting From Trade With Russia
The country’s trade with Russia this year has exceeded $200 billion, and makers of cars and trucks are the big winners.
Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears
American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.