Oil prices have surged to $100 per barrel amid conflict with Iran, creating winners and losers across American businesses as consumers face higher fuel costs.
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Prices will surge in the short run—and may stay high for a while
Exxon and Chevron have benefited less than their European rivals
Our podcast on markets, the economy and business. This week, the deepening crisis as the Iran war escalates
It has already caused the biggest energy supply shock in history
Our podcast on markets, the economy and business. This week, the situation long feared by oil-watchers has become a reality
A handpicked article read aloud from the latest issue of The Economist
