Browsing Tag
Andy Lipow
2 posts
US and Iran peace talks stall: Why oil prices spiked on May 11, 2026
Donald Trump rejected Iran's counterproposal as totally unacceptable. Benjamin Netanyahu says the war is not over. Oil traders are pricing in a longer Hormuz shutdown.
US gasoline prices surge 28% since Iran war began as Hormuz closure persists
US gasoline at $4.17 marks a four-year high. The harder question is whether the Iran war stalemate forces Washington or Tehran to blink first.