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Retail sales rise 0.6% in February, but impact of Iran war threatens to derail spending

By ANNE D'INNOCENZIO
Apr 01, 2026 9:14 am - Shoppers increased their spending in February, particularly on cars and clothing, after pulling back at the start of the year due to severe winter storms.
Attacks persist on Iran and across the Mideast as Trump threatens escalation

By JON GAMBRELL and DAVID RISING
Apr 01, 2026 7:36 am - Iran kept up its attacks on Israel and Persian Gulf neighbors on Wednesday as airstrikes pounded Tehran and U.S. President Donald Trump again made contradictory statements about whether he was ready to wind down the war or escalate it.
Trump’s go-to moves to influence the markets are increasingly falling flat as the Iran war drags on

By JOSH BOAK and FATIMA HUSSEIN
Mar 31, 2026 9:19 am - As the Iran war intensifies, President Donald Trump has prioritized efforts to calm the financial markets — trying to keep oil prices from exploding upward, stocks from cratering and interest rates from surging.
Federal ‘God squad’ exempts oil and gas drilling in the Gulf from endangered species rules

By MATTHEW BROWN
Mar 31, 2026 9:13 am - A U.S. government panel on Tuesday exempted oil and gas drilling in the Gulf of Mexico from the Endangered Species Act after Defense Secretary Pete Hegseth said environmentalists' lawsuits against the industry threatened to hobble the nation's energy supply.
Seizing Kharg Island would risk US troops’ lives and may not end Iran war, experts say

By BEN FINLEY and SAM METZ
Mar 31, 2026 8:58 am - President Donald Trump is threatening to deploy ground troops to seize critical oil infrastructure on Iran's Kharg Island, a military gambit that experts say would risk American lives and could still fail to end the war.
Inflation increases to 2.5% in Europe as Iran war boosts energy prices

By DAVID McHUGH
Mar 31, 2026 8:14 am - Europe's inflation rate rose to 2.5% in March as the Iran war sent fuel prices sharply higher, official figures showed Tuesday. And that is leading analysts to pencil in interest rate increases by the European Central Bank later this year.
US gasoline tops $4 for first time since 2022 on Iran war

By Will Kubzansky
Mar 31, 2026 8:09 am - U.S. gasoline topped $4 a gallon for the first time since August 2022, one of the most high-profile reminders to date that even the world’s largest economy is feeling the impact of a deepening conflict in the Middle East.
Worries about global economic pain deepen as the war in Iran drags on

By PAUL WISEMAN
Mar 30, 2026 1:03 pm - U.S. and Israeli attacks on Iran have driven up prices, darkened the outlook for the world economy, sent global stock markets reeling and forced developing countries to ration fuel and subsidize energy costs to protect their poorest.
Iran’s Kharg Island is key to its oil exports. Targeting it carries major risks

By SAM METZ
Mar 30, 2026 9:15 am - Iran's Kharg Island, home to a terminal through which the country exports most of its oil, has emerged as a focus of the month-old war launched by the United States and I...
Longest-running alternative fuel event in the Midwest returns May 14 to Wheaton

By Whitney Wright, Illinois Alliance for Clean Transportation
Mar 28, 2026 11:20 pm - The Illinois Alliance for Clean Transportation will host its annual Green Drives Conference & Expo on May 14, at Danada House in Wheaton, recognized as the longest-running clean transportation event in the Midwest.

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