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Economic News

US Energy Chief: Oil Unlikely to Hit $200 a Barrel

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12 March 2026
U.S. Energy Secretary Chris Wright said Thursday global oil prices are unlikely to hit $200 a barrel even as crude tankers remained stalled in the Strait of Hormuz as a result of the U.S. and Israeli war with Iran.
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Trump Admin Targets China in New Trade Probe Ahead of Xi Summit

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12 March 2026
The Trump administration has launched sweeping new trade investigations aimed at China's manufacturing dominance and other countries' industrial overproduction, a move officials say is designed to protect American workers and rebuild the nation's manufacturing base.U.S....
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US Trade Deficit Narrows as Exports Jump to Record High

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12 March 2026
The U.S. trade deficit narrowed sharply in January as exports surged to a record high and imports fell, a trend that if sustained, could see trade contributing to economic growth in the first quarter.
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Why Section 301 probes matter — and what they mean for Trump's tariffs

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12 March 2026
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US Gas Prices Climb to $3.60

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12 March 2026
The national average price for a gallon of regular gasoline in the United States climbed to $3.60 Thursday, according to AAA data, as geopolitical tensions in the Middle East continue to disrupt global oil supplies.
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Key Oil Price Spikes Over $100 as Iranian Attacks Hit Shipping

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12 March 2026
The price of a barrel of Brent crude oil, the international standard, topped $100 a barrel early Thursday, just days after it spiked near $120 in the latest jolts to financial markets and the global economy as a whole. Oil prices shot more than 9% higher as supply concerns...
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More Articles …

  1. Trump raises the stakes on China with Section 301 trade probe, weeks before Beijing summit
  2. Pentagon Hiring Top Bankers for 'Economic Defense Unit'
  3. 17 States Sue Trump Admin Over College Race Data
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