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Oil prices and the dollar rose after U.S. naval blockade of the Strait of Hormuz.
Ireland faces fuel shortages and protests over high prices.
CPI jumps 0.9% amid rising fuel costs, raising doubts about Fed rate cuts.
IE to release more oil from reserves if Middle East market disruptions persist.
Qantas raises fares and cuts flights due to soaring fuel costs.
OPEC cuts global oil demand forecast due to Iran conflict.
IMF cuts global growth forecasts due to Iran war risks.
Irish police cleared protesters blocking an oil refinery to restore fuel supply.
UK economy grew 0.5% in February, but IMF downgraded forecasts due to Middle East risks.
Lawmakers propose federal moratorium on new AI data centers due to environmental and economic concerns.