Pennington, 26, from Glendale, Kentucky, was wounded on March 1 during an Iranian strike at Prince Sultan Air Base in Saudi Arabia. He died on Sunday.

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finance

Mar 09, 2026 • 1 min

G7 ‘stands ready’ to release emergency oil reserves

Finance ministers pledge ‘necessary measures’ to tackle surging crude prices but stop short of immediate deal

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finance

Mar 09, 2026 • 3 min

The U.S.-Iran war is the biggest oil supply disruption in history

The global oil market will need to balance by destroying demand through sharply rising oil prices, according to Rapidan Energy.

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finance

Mar 09, 2026 • 3 min

Ticketmaster parent Live Nation reaches settlement with Department of Justice over antitrust concerns

Live Nation, which owns Ticketmaster, reached a settlement with the Department of Justice over antitrust concerns.

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finance

Mar 09, 2026 • 1 min

Investors bet central banks will respond to oil shock with rate rises

Iran war expected to derail rate-cut plans as policymakers learn lessons from inflation caused by Ukraine invasion

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finance

Mar 09, 2026 • 5 min

The Iran war has put the brakes on the next Bank of England rate cut

Before the war in Iran erupted, the Bank of England was widely predicted to be set to cut interest rates in March or April. Don't count on it, economists say.

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finance

Mar 09, 2026 • 4 min

Oil shock prompts South Korea to impose fuel price cap for the first time in 30 years

Lee Jae Myung would "swiftly introduce" a fuel price cap, adding that Seoul will explore ways to diversify its energy import sources

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