US Edition5 Things to Know for March 16: War with Iran, Oscar Winners, Travel Chaos, Severe Weather, US Airmen
Disruptions in the Strait of Hormuz have closed a key oil route, driving Brent crude above $106 per barrel and causing US gas prices to rise 24%, AAA said.
- As the war with Iran enters its 17th day, AAA reports U.S. retail gasoline prices have risen about 24% since the conflict began.
- The Strait of Hormuz has been effectively closed since the war began, pushing Brent crude above $106 on Sunday, AAA reports.
- The Trump administration invoked executive authority to restart a contested California oil pipeline, with the U.S. Energy Department saying the order aims to 'address supply disruption risks' and reduce foreign oil reliance.
- Calling for international help, President Donald Trump urged U.S. allies to address strait disruptions and warned NATO faces a 'very bad' future if it does not assist.
- A U.S. Air Force KC-135 crash in Iraq killed six airmen on Thursday, raising U.S. troops killed in connection with the war with Iran to 13.
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5 things to know for March 16: War with Iran, Oscar winners, Travel chaos, Severe weather, US airmen
By Alexandra Banner, CNN Gas prices in the US have risen about 24% since the war in Iran began, according to AAA. This comes as Brent crude oil, the global benchmark, briefly surpassed $106 a barrel on Sunday, reaching its highest level since 2022. Here’s what else you need to know to get up to
Travel Industry Starts Highlighting Costs Associated With Iran War – What To Know - Travel Noire
Over two weeks since the United States and Israel initiated their military operation in Iran, industries across the world immediately braced for impact. The travel sector hasn’t been immune, and a war now rages on. According to CNBC, United Airlines CEO Scott Kirby said the airline will see a “meaningful” impact on its quarterly finances, a result of higher fuel prices following the U.S. and Israel’s joint strikes against Iran. And the financia…
Oil prices have been hovering around $100 per barrel this week.
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