Business
Oil Prices and Economic Woes
Analysts warn that oil prices could rise further if stockpiles run too low, potentially exacerbating inflationary pressures on the middle class.
Coverage timeline — 2 articles
The Hill
In some states, average wages have outpaced inflation. Not everyone has been so lucky.
2026-06-12 12:32 UTC
Axios
Oil prices have defied predictions of even bigger increases than we've seen — but the markets' shock absorbers could easily wear out later this summer unless the Strait of Hormuz opens soon, analysts warn.Why it matters: If the stockpiles run too low and oil prices surge,
2026-06-12 12:43 UTC