Economy

Global food supplies could be badly hit if Iran war drags on, says fertiliser boss

Yara’s Svein Tore Holsether says it would be ‘catastrophic’ if the strait of Hormuz was closed for a year

War prompts Europeans to switch holidays away from eastern Mediterranean

Summer holidaymakers opting for ‘more familiar, easy-to-reach locations’ as travel industry counts cost of Middle East conflict

Gas prices are soaring

A Chevron station just outside downtown charges more than $8 a gallon – nearly $3 more than the city’s average

US Trade Deficit Fell More than Half in Trump’s First Year

The US trade deficit fell by close to 60% in the first year of President Trump’s second term, providing dramatic evidence of the effects of his signature economic policies, including tariffs

How the Iran War Will Affect U.S. Energy Policy

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EPA, let me drive my kei car!

While teaching English in Okinawa, Japan, I bought a used 2012 Nissan Moco for $1,300 to zip around the island. While not ideal for America’s high-speed interstate travel, it was perfectly suited for commuting around Okinawa’s urban districts and taking in its breathtaking views, from day trips up north to Cape Hedo or Nakijin Castle Ruins.