Iran News Updates

GovernmentBusinessTechnologyFuel

EVs Avoided the Use of 2.3M Barrels of Oil a Day in 2025

Those fossil fuel savings are expected to increase every year for the rest of the decade as more drivers turn to battery-powered vehicles.

March 18, 2026
GovernmentBusinessFuel

Wholesale Prices Came in Hot at 3.4% in February

The Labor Department reported March 18 that its producer price index rose 0.7% from January, and 3.4% from February 2025.聽

March 18, 2026
GovernmentBusinessFuelLogistics

Diesel, Gas Prices at Highest Level in Years as War Drags On

The聽Iran war聽has rattled the global flow of oil, with steeper fuel costs already聽straining households聽worldwide.

March 18, 2026
GovernmentBusinessFuelLogistics

Trump Waives Jones Act in Bid to Lower Fuel Prices

The president on March 18 authorized foreign-flagged vessels to transport a range of commodities between U.S. ports for the next 60 days.

March 18, 2026
GovernmentBusinessFuel

Iran War Has Farmers Worried About Cost of Fertilizer

The shipping disruption has largely stopped the export of nitrogen fertilizers made in the Persian Gulf and limited access to fertilizer ingredients.

March 18, 2026
GovernmentBusinessSafetyFuelLogistics

Iran Exports Millions of Barrels of Oil Despite War

Iran has threatened it won't allow聽鈥渆ven a single liter of oil鈥澛燿estined for the U.S., Israel and their allies to pass through Strait of Hormuz.

March 18, 2026
GovernmentBusinessSafetyFuelLogistics

Trump Team Moves to Open Venezuela Oil Sector Wider

The moves include issuing more individual licenses allowing foreign companies to work in Venezuela without violating U.S. sanctions.

March 17, 2026
GovernmentBusinessSafetyLogistics

Trump Postpones Summit With Xi as Iran War Rages On

鈥淲e鈥檙e resetting the meeting,鈥 Trump said March 17 at the White House during a sit-down with the Irish prime minister. 鈥淸China was] fine with it.鈥澛

March 17, 2026
GovernmentBusinessLogistics

Fed Faces New Crossroads After Iran War Upends Projections

The spike in oil and gas prices presents already-divided Federal Reserve officials with a worst-case scenario as they conclude a key meeting March 18.

March 17, 2026
GovernmentBusinessEquipmentFuel

ATA鈥檚 Spear Rallies TMC Fleets as Fuel Pressures Mount

ATA President Chris Spear outlined for TMC attendees the breakneck pace at which challenges are confronting the carriers that comprise ATA's membership base.

March 17, 2026

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