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International News

Jet fuel prices are rising. That could make summer flights more expensive

By RIO YAMAT AP Airlines and Travel Writer Jet fuel prices are rising as the war in the Middle East disrupts global oil supplies, putting cost pressure on airlines as the busy summer travel season approaches. Experts say it's not a question of if airfares will go up, but when, for how ...

US eases some Russian oil sanctions but crude prices stay high

By DAVID McHUGH AP Business Writer The U.S. is temporarily easing some sanctions on Russian oil shipments, reflecting global concerns over sharply higher crude prices due to supply shortages stemming from the Iran war. The move, intended to soothe jittery markets over the disruption of ...

Oil shock from Iran war prompts countries to open strategic reserves

By MATT SEDENSKY and WYATTE GRANTHAM-PHILIPS The Associated Press NEW YORK (AP) — A widening war in Iran has halted oil tankers, made targets of refineries and spooked investors worried about the cascading impact of spiking energy prices. In response, the International Energy Agency ...

Oil shock from Iran war prompts countries to open strategic reserves

By MATT SEDENSKY and WYATTE GRANTHAM-PHILIPS The Associated Press NEW YORK (AP) — A widening war in Iran has halted oil tankers, made targets of refineries and spooked investors worried about the cascading impact of spiking energy prices. In response, the International Energy Agency ...