by Sharon Zhang | Mar 20, 2026 | Donald Trump, Iran, Israel, News, Oil and Gas Industry, Pentagon, War
The U.S. is sending additional warships filled with thousands more Marines to the Middle East this weekend as the U.S. and Israel continue escalating their war on Iran, despite President Donald Trump having repeatedly and dubiously claimed that the U.S. has already effectively won the war. U.S. officials told news outlets of the additional deployments, saying that roughly 2,000 to 2,500…
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by Chris Walker | Mar 20, 2026 | Chris Wright, Donald Trump, Energy Information Administration, gas prices, Iran, iran war, News, Strait of Hormuz
As oil prices surge amid the U.S.’s continuing war on Iran, a new government report suggests it could be several months — and perhaps even years — before the cost of consumer-grade gasoline drops below $3 per gallon again. As of Thursday morning, the average price of regular grade gasoline is $3.884 per gallon, a 32 percent increase from where costs were just a week before the start of the…
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by Amy Goodman | Mar 20, 2026 | Big Oil, Economy, Interview, Iran, Oil, War
Iran’s Revolutionary Guards have warned a “new stage of war” has begun after Israel bombed Iran’s South Pars gas field — the largest known natural gas reserve in the world. This comes as the price of oil has spiked to $118 a barrel, a 60% jump since the U.S. and Iran attacked Iran on February 28. Professor of Gulf studies Laleh Khalili lays out the global economic implications of the…
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by Tareq S. Hajjaj | Mar 19, 2026 | Famine, Gaza, Genocide, Iran, Israel, News, Palestine
Yousef al-Lahham, 54, walked through the Khan Younis market last week looking for food, but was unable to find anything even remotely affordable. Prices for basic necessities in the Gaza Strip have continued to rise ever since the U.S. and Israel started their war on Iran. For Palestinians in Gaza, who have lived through repeated waves of food shortages, man-made famine, and soaring food prices…
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by Sharon Zhang | Mar 19, 2026 | Bernie Sanders, Chris Van Hollen, Donald Trump, Gaza, Iran, Israel, Lebanon, News, Pentagon
Sen. Bernie Sanders (I-Vermont) is planning to soon force a vote on legislation seeking to block over $650 million in arms sales to Israel as it slaughters civilians across the Middle East, including in its joint war on Iran with the U.S. The joint resolutions of disapproval, first reported by Politico, seek to block the sales of 5,000 “defense articles” relating to 250-pound bombs; 10,000…
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by Sharon Zhang | Mar 19, 2026 | Donald Trump, Fossil Fuels, Iran, Israel, News, Oil and Gas Industry, Qatar, UAE
Arab countries are fuming after the U.S. and Israel escalated their war on Iran with an attack on a key natural gas field this week, an attack that Arab states reportedly sought to prevent in order to head off further chaos in the global energy industry. The Wall Street Journal reports that Arab countries were “furious” about Israel’s attack on the South Pars natural gas field on Wednesday.
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